HighTower Advisors LLC acquired a new position in Montana Technologies Co. (NASDAQ:AIRJ - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 58,824 shares of the company's stock, valued at approximately $342,000. HighTower Advisors LLC owned about 0.11% of Montana Technologies at the end of the most recent quarter.
Separately, Quarry LP purchased a new stake in Montana Technologies in the second quarter worth about $81,000. Hedge funds and other institutional investors own 63.65% of the company's stock.
Analysts Set New Price Targets
Separately, HC Wainwright began coverage on Montana Technologies in a research report on Friday. They set a "buy" rating and a $12.00 price objective on the stock.
Check Out Our Latest Stock Analysis on AIRJ
Montana Technologies Stock Performance
Shares of AIRJ traded down $0.20 during mid-day trading on Monday, reaching $9.30. The stock had a trading volume of 79,748 shares, compared to its average volume of 78,338. The business has a fifty day moving average of $7.36 and a 200 day moving average of $8.01. Montana Technologies Co. has a 12 month low of $4.94 and a 12 month high of $49.11.
Montana Technologies Company Profile
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Free Report)
Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.
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