Key Points
- Jeff Gutke, an insider, sold 3,462 AirJoule (NASDAQ:AIRJ) shares on March 3 at an average price of $3.17 for about $10,974, trimming his stake by 3.04% to 110,439 shares valued near $350,092.
- Shares trade around $3.26 with a market cap of $197.82M and a 52‑week range of $2.61–$8.30; institutional ownership is about 63.65% and analysts' consensus is a Moderate Buy with an average price target of $9.00.
AirJoule Technologies Corporation (NASDAQ:AIRJ - Get Free Report) insider Jeff Gutke sold 3,462 shares of the company's stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $3.17, for a total value of $10,974.54. Following the completion of the transaction, the insider owned 110,439 shares of the company's stock, valued at $350,091.63. This trade represents a 3.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
AirJoule Technologies Stock Performance
Shares of NASDAQ:AIRJ opened at $3.26 on Wednesday. The company has a market capitalization of $197.82 million, a P/E ratio of -21.73 and a beta of 0.45. The company's 50-day moving average is $3.52 and its 200 day moving average is $4.15. AirJoule Technologies Corporation has a fifty-two week low of $2.61 and a fifty-two week high of $8.30.
Institutional Investors Weigh In On AirJoule Technologies
A number of institutional investors and hedge funds have recently modified their holdings of AIRJ. Wealthspire Advisors LLC bought a new stake in AirJoule Technologies during the 2nd quarter worth approximately $232,000. Corton Capital Inc. purchased a new position in shares of AirJoule Technologies during the 2nd quarter valued at $48,000. HighTower Advisors LLC increased its holdings in shares of AirJoule Technologies by 32.5% in the fourth quarter. HighTower Advisors LLC now owns 122,226 shares of the company's stock worth $482,000 after purchasing an additional 30,000 shares during the period. Goldman Sachs Group Inc. raised its position in shares of AirJoule Technologies by 16.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 24,113 shares of the company's stock worth $95,000 after buying an additional 3,323 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new stake in AirJoule Technologies during the fourth quarter valued at $181,000. 63.65% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
AIRJ has been the subject of several research reports. Lucid Cap Mkts raised AirJoule Technologies to a "strong-buy" rating in a report on Monday, December 22nd. Weiss Ratings reiterated a "sell (e+)" rating on shares of AirJoule Technologies in a research note on Monday, December 29th. LADENBURG THALM/SH SH assumed coverage on AirJoule Technologies in a research note on Tuesday, December 16th. They issued a "buy" rating and a $8.00 price objective on the stock. Finally, UBS Group set a $7.00 target price on shares of AirJoule Technologies in a research report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, AirJoule Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $9.00.
View Our Latest Research Report on AIRJ
About AirJoule Technologies
(
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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