Insider Selling: Complete Solaria, Inc. (NASDAQ:CSLR) Director Sells 70,000 Shares of Stock

Complete Solaria, Inc. (NASDAQ:CSLR) Director Adam Gishen sold 70,000 shares of Complete Solaria stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $2.64, for a total value of $184,800.00. Following the sale, the director now directly owns 267,742 shares of the company’s stock, valued at approximately $706,838.88. This trade represents a 20.73 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

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

Complete Solaria Trading Up 2.0 %

Shares of NASDAQ:CSLR traded up $0.03 during trading on Thursday, hitting $1.54. 370,175 shares of the company’s stock traded hands, compared to its average volume of 1,241,459. The company has a 50-day moving average price of $2.02 and a 200-day moving average price of $1.86. Complete Solaria, Inc. has a 52 week low of $0.20 and a 52 week high of $3.37.

Analyst Upgrades and Downgrades

Separately, Cantor Fitzgerald reiterated an “overweight” rating and issued a $6.00 target price on shares of Complete Solaria in a report on Thursday, November 14th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp raised its holdings in shares of Complete Solaria by 57.7% during the third 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 period. XTX Topco Ltd bought a new position in Complete Solaria during the 3rd quarter worth about $129,000. Quadrature Capital Ltd acquired a new stake in shares of Complete Solaria in the 3rd quarter valued at about $81,000. Finally, Jane Street Group LLC bought a new stake in shares of Complete Solaria in the third quarter valued at about $51,000. Institutional investors and hedge funds own 30.25% of the company’s stock.

Complete Solaria Company Profile

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.