Complete Solaria, Inc. (NASDAQ:CSLR) Major Shareholder Solis Holdings L.L.C. Crsef Sells 133,643 Shares

by · The Cerbat Gem

Complete Solaria, Inc. (NASDAQ:CSLR – Get Free Report) major shareholder Solis Holdings L.L.C. Crsef sold 133,643 shares of the stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $2.51, for a total value of $335,443.93. Following the transaction, the insider now owns 4,767,697 shares in the company, valued at $11,966,919.47. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Solis Holdings L.L.C. Crsef also recently made the following trade(s):

  • On Wednesday, October 9th, Solis Holdings L.L.C. Crsef sold 924,466 shares of Complete Solaria stock. The stock was sold at an average price of $2.14, for a total value of $1,978,357.24.

Complete Solaria Stock Performance

Complete Solaria stock opened at $2.34 on Friday. The stock’s 50-day moving average is $2.10 and its 200-day moving average is $1.45. Complete Solaria, Inc. has a 12 month low of $0.20 and a 12 month high of $3.37.

Complete Solaria (NASDAQ:CSLR – Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.23) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.16). The firm had revenue of $4.49 million during the quarter, compared to the consensus estimate of $11.00 million. Sell-side analysts expect that Complete Solaria, Inc. will post -0.37 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Cantor Fitzgerald restated an “overweight” rating and issued a $6.00 price objective on shares of Complete Solaria in a report on Tuesday, October 1st.

Check Out Our Latest Analysis on CSLR

Hedge Funds Weigh In On Complete Solaria

A number of large investors have recently modified their holdings of the company. Carlyle Group Inc. raised its holdings in shares of Complete Solaria by 79.8% during the 1st quarter. Carlyle Group Inc. now owns 4,936,483 shares of the company’s stock valued at $2,715,000 after buying an additional 2,190,604 shares during the period. K2 Principal Fund L.P. raised its holdings in shares of Complete Solaria by 107.1% during the 4th quarter. K2 Principal Fund L.P. now owns 41,623 shares of the company’s stock valued at $67,000 after buying an additional 21,524 shares during the period. Finally, Symmetry Peak Management LLC purchased a new stake in shares of Complete Solaria during the 4th quarter valued at about $48,000. 30.25% of the stock is currently owned by hedge funds and other institutional investors.

Complete Solaria Company Profile

(Get Free Report)

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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