ARS Investment Partners LLC Acquires 6,510 Shares of Complete Solaria, Inc. (NASDAQ:CSLR)

ARS Investment Partners LLC raised its holdings in Complete Solaria, Inc. (NASDAQ:CSLR) by 12.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,795 shares of the company’s stock after acquiring an additional 6,510 shares during the period. ARS Investment Partners LLC’s holdings in Complete Solaria were worth $109,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Jane Street Group LLC bought a new stake in shares of Complete Solaria during the 3rd quarter valued at approximately $51,000. Quadrature Capital Ltd acquired a new stake in Complete Solaria in the third quarter valued at approximately $81,000. XTX Topco Ltd acquired a new stake in Complete Solaria in the third quarter valued at approximately $129,000. Finally, State Street Corp grew its stake 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 during the last quarter. Institutional investors and hedge funds own 30.25% of the company’s stock.

Analysts Set New Price Targets

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

Complete Solaria Trading Up 14.9 %

NASDAQ:CSLR opened at $1.85 on Wednesday. Complete Solaria, Inc. has a one year low of $0.20 and a one year high of $3.37. The firm’s 50 day simple moving average is $1.80 and its 200 day simple moving average is $1.92.

Insider Transactions at Complete Solaria

In other news, Director Adam Gishen sold 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The shares were 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 in the company, valued at approximately $268,387.20. The trade was a 37.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Solis Holdings L.L.C. Crsef sold 73,986 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $2.02, for a total transaction of $149,451.72. Following the sale, the insider now owns 2,077,374 shares of the company’s stock, valued at approximately $4,196,295.48. This trade represents a 3.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 234,596 shares of company stock worth $432,445. Company insiders own 44.60% of the company’s stock.

Complete Solaria 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.