Key Points
- Director Thomas Edward Murphy bought a total of 31,950 AirJoule shares in two trades (17,500 on Dec 10 at $2.86 and 14,450 on Dec 12 at $3.40), spending $50,050 and $49,130 respectively and increasing his ownership by 82.57%.
- AirJoule shares opened at $3.37 (down 0.9%), the company has a market cap of $204.49 million and a 52-week range of $2.61 to $11.60.
- Analyst sentiment is mixed with a consensus "Hold" and $11.50 price target (two Buys, one Sell), Weiss Ratings reiterating a "sell (e+)," and institutional investors owning about 63.65% of the stock.
AirJoule Technologies Corporation (NASDAQ:AIRJ - Get Free Report) Director Thomas Edward Murphy bought 14,450 shares of the business's stock in a transaction on Friday, December 12th. The stock was bought at an average price of $3.40 per share, for a total transaction of $49,130.00. Following the purchase, the director directly owned 31,950 shares of the company's stock, valued at $108,630. The trade was a 82.57% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Thomas Edward Murphy also recently made the following trade(s):
- On Wednesday, December 10th, Thomas Edward Murphy purchased 17,500 shares of AirJoule Technologies stock. The shares were purchased at an average cost of $2.86 per share, with a total value of $50,050.00.
AirJoule Technologies Stock Down 0.9%
Shares of AirJoule Technologies stock opened at $3.37 on Friday. The company has a market cap of $204.49 million, a P/E ratio of -22.47 and a beta of 0.48. The firm's 50 day moving average price is $4.40 and its 200-day moving average price is $4.53. AirJoule Technologies Corporation has a 52-week low of $2.61 and a 52-week high of $11.60.
AirJoule Technologies (NASDAQ:AIRJ - Get Free Report) last announced its earnings results on Thursday, November 13th. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.03. As a group, equities research analysts forecast that AirJoule Technologies Corporation will post 4.97 EPS for the current fiscal year.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of AirJoule Technologies in a research report on Monday. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $11.50.
View Our Latest Report on AIRJ
Institutional Investors Weigh In On AirJoule Technologies
A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of AirJoule Technologies by 6.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,162,542 shares of the company's stock valued at $5,452,000 after acquiring an additional 73,661 shares during the period. Geode Capital Management LLC increased its holdings in shares of AirJoule Technologies by 111.1% in the second quarter. Geode Capital Management LLC now owns 517,203 shares of the company's stock valued at $2,395,000 after purchasing an additional 272,253 shares during the period. UBS Group AG raised its stake in shares of AirJoule Technologies by 5.6% in the third quarter. UBS Group AG now owns 138,678 shares of the company's stock worth $650,000 after purchasing an additional 7,374 shares during the last quarter. Creative Planning purchased a new position in shares of AirJoule Technologies in the second quarter worth about $441,000. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of AirJoule Technologies by 46.4% during the first quarter. Goldman Sachs Group Inc. now owns 85,150 shares of the company's stock worth $393,000 after purchasing an additional 26,995 shares during the period. 63.65% of the stock is owned by hedge funds and other institutional investors.
AirJoule Technologies Company Profile
(
Get Free Report)
Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.
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