Xos, Inc. (NASDAQ:XOS) CFO Sells $28,707.66 in Stock

Xos, Inc. (NASDAQ:XOS) CFO Liana Pogosyan sold 7,418 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $3.87, for a total transaction of $28,707.66. Following the sale, the chief financial officer now owns 61,570 shares in the company, valued at $238,275.90. This trade represents a 10.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

XOS Stock Performance

Shares of XOS stock traded up $0.03 during trading on Friday, hitting $3.65. The stock had a trading volume of 6,697 shares, compared to its average volume of 19,340. The stock has a 50 day simple moving average of $4.38 and a 200 day simple moving average of $5.42. Xos, Inc. has a 1 year low of $3.50 and a 1 year high of $14.86.

Analyst Upgrades and Downgrades

A number of research firms have commented on XOS. Northland Capmk downgraded shares of XOS from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 25th. Wedbush dropped their target price on shares of XOS from $15.00 to $12.00 and set an “outperform” rating on the stock in a report on Thursday, August 15th. DA Davidson downgraded shares of XOS from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $17.00 to $9.00 in a report on Friday, August 16th. Roth Mkm assumed coverage on shares of XOS in a report on Wednesday, October 23rd. They issued a “buy” rating and a $15.00 target price on the stock. Finally, Roth Capital upgraded shares of XOS to a “strong-buy” rating in a report on Wednesday, October 23rd. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $10.25.

About XOS

Xos, Inc designs, manufactures, and sells battery-electric commercial vehicles. The company provides class 5-6 medium duty rolling chassis, such as commercial stepvans and armored trucks; class 7-8 heavy duty chassis; and Xos product development. It offers Xos provides mix-use powertrain solutions for off-highway, industrial and other commercial equipment, and specialty vehicles, such as school buses, medical and dental clinics, blood donation vehicles, and mobile command vehicles.