Adam Gishen Sells 100,000 Shares of Complete Solaria, Inc. (NASDAQ:CSLR) Stock

Complete Solaria, Inc. (NASDAQ:CSLR) Director Adam Gishen sold 100,000 shares of Complete Solaria stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $1.60, for a total value of $160,000.00. Following the transaction, the director now owns 167,742 shares of the company’s stock, valued at $268,387.20. This represents a 37.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Tuesday, October 1st, Adam Gishen sold 70,000 shares of Complete Solaria stock. The shares were sold at an average price of $2.64, for a total value of $184,800.00.

Complete Solaria Price Performance

Complete Solaria stock opened at $1.54 on Friday. The company’s 50-day moving average price is $2.01 and its two-hundred day moving average price is $1.86. Complete Solaria, Inc. has a twelve month low of $0.20 and a twelve month high of $3.37.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Complete Solaria

Institutional investors and hedge funds have recently made changes to their positions in the company. Jane Street Group LLC acquired a new stake in Complete Solaria during the 3rd quarter worth approximately $51,000. Quadrature Capital Ltd bought a new position in Complete Solaria during the 3rd quarter worth $81,000. XTX Topco Ltd bought a new position in Complete Solaria during the 3rd quarter worth $129,000. Finally, State Street Corp lifted 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 buying an additional 39,000 shares in the last quarter. Institutional investors and hedge funds own 30.25% of the company’s stock.

About Complete Solaria

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.