Key Points
- Charles Lynn Hamilton sold 398,140 shares on April 9 at an average price of $4.58 for $1,823,481.20, leaving him with 5,525,910 shares — a 6.72% reduction in his position.
- Multiple insiders (including the CFO and COO) sold roughly 375k–427k shares each on April 8–9, generating about $1.8M–$2.0M per trade, which may indicate near‑term selling pressure or portfolio rebalancing.
- Fermi shares trade around $4.87 with a $3.07B market cap; analysts hold a consensus Buy rating with a $26.89 average price target, and Cantor Fitzgerald initiated coverage at "overweight" with an $8 target.
Fermi Inc. (NASDAQ:FRMI - Get Free Report) insider Charles Lynn Hamilton sold 398,140 shares of the business's stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $4.58, for a total value of $1,823,481.20. Following the transaction, the insider owned 5,525,910 shares of the company's stock, valued at $25,308,667.80. This trade represents a 6.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Charles Lynn Hamilton also recently made the following trade(s):
- On Wednesday, April 8th, Charles Lynn Hamilton sold 375,950 shares of Fermi stock. The shares were sold at an average price of $4.91, for a total value of $1,845,914.50.
Fermi Stock Up 1.0%
Shares of NASDAQ:FRMI opened at $4.87 on Friday. Fermi Inc. has a 1 year low of $4.47 and a 1 year high of $36.99. The company's 50 day simple moving average is $7.93. The stock has a market capitalization of $3.07 billion and a price-to-earnings ratio of -5.80.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the company. Texas Capital upgraded Fermi to a "strong-buy" rating in a report on Tuesday, January 20th. Citigroup assumed coverage on Fermi in a report on Monday, February 9th. They issued an "outperform" rating for the company. Weiss Ratings reiterated a "sell (e+)" rating on shares of Fermi in a report on Monday, March 23rd. Wall Street Zen lowered Fermi from a "hold" rating to a "sell" rating in a report on Saturday, March 28th. Finally, Cantor Fitzgerald assumed coverage on Fermi in a report on Thursday. They issued an "overweight" rating and a $8.00 price target for the company. Three analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $26.89.
Read Our Latest Analysis on FRMI
Institutional Trading of Fermi
A number of large investors have recently modified their holdings of the company. Leonteq Securities AG purchased a new stake in shares of Fermi in the fourth quarter valued at approximately $30,000. PNC Financial Services Group Inc. purchased a new stake in shares of Fermi in the fourth quarter valued at approximately $36,000. Aspect Partners LLC purchased a new stake in shares of Fermi in the fourth quarter valued at approximately $38,000. SBI Securities Co. Ltd. bought a new position in Fermi in the fourth quarter worth approximately $41,000. Finally, MML Investors Services LLC bought a new position in Fermi in the fourth quarter worth approximately $81,000.
Key Fermi News
Here are the key news stories impacting Fermi this week:
- Positive Sentiment: Cantor Fitzgerald initiated coverage with an "overweight" rating and an $8.00 price target (about a mid-double‑digit upside vs the current price), which can attract buy-side interest and broker‑driven flows. Cantor Fitzgerald initiation
- Neutral Sentiment: Reported short interest is effectively zero and shows a 0.0 days-to-cover metric based on recent average volume — an unusual but neutral data point that implies short squeezes are unlikely to drive the stock near term. (No accompanying news link.)
- Negative Sentiment: Multiple insiders sold large blocks on April 8–9: CFO Miles Everson, COO Blanes Jacobo Ortiz, and insider Charles Lynn Hamilton each executed roughly 375k–427k share sales across the two days at average prices of about $4.58–$4.91, generating proceeds of roughly $1.8M–$2.0M per trade and reducing their stakes by ~3.7%–7.3%. These are SEC‑filed dispositions and can be interpreted as near‑term selling pressure or portfolio rebalancing. CFO filings COO filings Other insider filings
Fermi Company Profile
(
Get Free Report)
Fermi's mission is to power the artificial intelligence (“AI”) needs of tomorrow. We are an advanced energy and hyperscaler development company purpose-built for the AI era. Our mission is to deliver up to 11 gigawatts (“GW”) of low-carbon, HyperRedundant™, and on-demand power directly to the world's most compute-intensive businesses with 1.1 GW of power projected to be online by the end of 2026. We have entered into a long-term lease on a site large enough to simultaneously house the next three largest data center campuses by square footage currently in existence.
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