Complete Solaria, Inc. (NASDAQ:CSLR) Director Sells $184,800.00 in Stock

Complete Solaria, Inc. (NASDAQ:CSLR - Get Free Report) Director Adam Gishen sold 70,000 shares of the firm's stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $2.64, for a total transaction of $184,800.00. Following the transaction, the director now owns 267,742 shares in the company, valued at $706,838.88. This represents a 20.73 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Adam Gishen also recently made the following trade(s):

• On Tuesday, December 17th, Adam Gishen sold 100,000 shares of Complete Solaria stock. The shares were sold at an average price of $1.60, for a total value of $160,000.00.

Complete Solaria Price Performance

NASDAQ:CSLR traded up $0.03 during trading hours on Thursday, hitting $1.54. 370,175 shares of the company traded hands, compared to its average volume of 1,241,459. The firm has a 50-day moving average of $2.02 and a 200 day moving average of $1.86. Complete Solaria, Inc. has a twelve month low of $0.20 and a twelve month high of $3.37.

Institutional Investors Weigh In On Complete Solaria

A number of institutional investors have recently bought and sold shares of the business. Jane Street Group LLC bought a new position in Complete Solaria during the third quarter worth about $51,000. Quadrature Capital Ltd bought a new position in shares of Complete Solaria in the third quarter valued at approximately $81,000. XTX Topco Ltd acquired a new position in shares of Complete Solaria in the 3rd quarter worth approximately $129,000. Finally, State Street Corp grew its position in Complete Solaria by 57.7% during the 3rd quarter. State Street Corp now owns 106,600 shares of the company's stock worth $300,000 after acquiring an additional 39,000 shares during the last quarter. Institutional investors and hedge funds own 30.25% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Cantor Fitzgerald restated an "overweight" rating and set a $6.00 price target on shares of Complete Solaria in a report on Thursday, November 14th.

About Complete Solaria

Complete Solaria, Inc provides custom solar solutions in the United States. The company offers solar systems to homeowners and small to medium-sized commercial customers. It also provides HelioQuoteTM software system, a platform for residential solar designs, proposals, and engineering services. In addition, the company installs solar systems, as well as provides financing solutions.

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