Insider Selling: Complete Solaria, Inc. (NASDAQ:CSLR) Director Sells 100,000 Shares of Stock

Complete Solaria, Inc. (NASDAQ:CSLR) 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 completion of the sale, the director now owns 167,742 shares of the company’s stock, valued at approximately $268,387.20. This represents a 37.35 % decrease in their position. The sale was disclosed in a legal filing 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 transaction of $184,800.00.

Complete Solaria Price Performance

CSLR opened at $1.54 on Friday. Complete Solaria, Inc. has a 52 week low of $0.20 and a 52 week high of $3.37. The business has a 50 day moving average price of $1.99 and a two-hundred day moving average price of $1.86.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Complete Solaria

Several large investors have recently modified their holdings of CSLR. XTX Topco Ltd purchased a new position in Complete Solaria in the 3rd quarter valued at $129,000. Jane Street Group LLC purchased a new stake in shares of Complete Solaria in the third quarter valued at about $51,000. State Street Corp increased 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 acquiring an additional 39,000 shares during the period. Finally, Quadrature Capital Ltd purchased a new position in Complete Solaria during the third quarter worth about $81,000. Hedge funds and other institutional investors 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.