Montana Technologies Co. (NASDAQ:AIRJ - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $8.47, but opened at $8.26. Montana Technologies shares last traded at $8.91, with a volume of 17,330 shares trading hands.
Analysts Set New Price Targets
Separately, HC Wainwright began coverage on shares of Montana Technologies in a report on Friday, December 20th. They issued a "buy" rating and a $12.00 target price on the stock.
Check Out Our Latest Analysis on AIRJ
Montana Technologies Stock Down 4.3 %
The firm's fifty day moving average price is $8.64 and its 200 day moving average price is $7.46.
Hedge Funds Weigh In On Montana Technologies
Several large investors have recently made changes to their positions in AIRJ. Charles Schwab Investment Management Inc. lifted its holdings in shares of Montana Technologies by 14.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 69,733 shares of the company's stock worth $404,000 after acquiring an additional 8,714 shares during the last quarter. HighTower Advisors LLC acquired a new stake in Montana Technologies during the 3rd quarter worth approximately $342,000. Kovitz Investment Group Partners LLC acquired a new stake in Montana Technologies during the 3rd quarter worth approximately $508,000. Geode Capital Management LLC lifted its holdings in Montana Technologies by 2.7% during the 3rd quarter. Geode Capital Management LLC now owns 187,105 shares of the company's stock worth $1,086,000 after buying an additional 4,905 shares in the last quarter. Finally, Heritage Financial Services LLC acquired a new stake in Montana Technologies during the 4th quarter worth approximately $99,000. 63.65% of the stock is currently owned by institutional investors and hedge funds.
Montana Technologies Company Profile
(
Get 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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