Solid Power, Inc. (NASDAQ:SLDP - Get Free Report) CTO Joshua Buettner-Garrett sold 187,500 shares of Solid Power stock in a transaction that occurred on Wednesday, April 3rd. The stock was sold at an average price of $1.86, for a total value of $348,750.00. Following the sale, the chief technology officer now directly owns 692,993 shares in the company, valued at approximately $1,288,966.98. The sale was disclosed in a document filed with the SEC, which is available at this link.
Joshua Buettner-Garrett also recently made the following trade(s):
- On Monday, March 18th, Joshua Buettner-Garrett sold 187,500 shares of Solid Power stock. The stock was sold at an average price of $1.36, for a total value of $255,000.00.
- On Wednesday, February 7th, Joshua Buettner-Garrett sold 187,500 shares of Solid Power stock. The shares were sold at an average price of $1.58, for a total transaction of $296,250.00.
- On Thursday, January 11th, Joshua Buettner-Garrett sold 187,500 shares of Solid Power stock. The stock was sold at an average price of $1.29, for a total transaction of $241,875.00.
Solid Power Trading Up 0.5 %
Shares of Solid Power stock opened at $1.85 on Friday. Solid Power, Inc. has a 12-month low of $1.10 and a 12-month high of $3.20. The company has a 50-day simple moving average of $1.64 and a 200 day simple moving average of $1.56.
Elon’s New A.I. Device is About to Shock the World
From InvestorPlace | Ad
Using this device you see above…
Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in…
“The next step in human evolution.”
Click here to see the details because there’s a lot of money at stake.
Solid Power (NASDAQ:SLDP - Get Free Report) last issued its quarterly earnings data on Tuesday, February 27th. The company reported ($0.11) earnings per share for the quarter, hitting the consensus estimate of ($0.11). Solid Power had a negative net margin of 376.47% and a negative return on equity of 12.55%. The firm had revenue of $2.35 million for the quarter, compared to analysts' expectations of $4.14 million. On average, analysts predict that Solid Power, Inc. will post -0.42 EPS for the current year.
Institutional Investors Weigh In On Solid Power
A number of hedge funds and other institutional investors have recently bought and sold shares of SLDP. Port Capital LLC acquired a new position in Solid Power in the second quarter worth $28,000. CIBC Private Wealth Group LLC lifted its position in Solid Power by 76.0% during the 4th quarter. CIBC Private Wealth Group LLC now owns 20,085 shares of the company's stock worth $29,000 after buying an additional 8,675 shares in the last quarter. Sei Investments Co. acquired a new position in Solid Power during the 2nd quarter worth about $29,000. Brave Asset Management Inc. grew its holdings in Solid Power by 90.9% during the 4th quarter. Brave Asset Management Inc. now owns 21,000 shares of the company's stock worth $30,000 after acquiring an additional 10,000 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in Solid Power in the 4th quarter valued at about $30,000. 33.66% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research firms recently weighed in on SLDP. Chardan Capital reissued a "buy" rating and issued a $5.00 target price on shares of Solid Power in a research note on Wednesday, February 28th. Needham & Company LLC reiterated a "buy" rating and issued a $3.00 price objective on shares of Solid Power in a research note on Wednesday, February 28th. Finally, DA Davidson restated a "neutral" rating and set a $3.00 target price on shares of Solid Power in a research report on Tuesday, March 5th.
View Our Latest Stock Analysis on SLDP
About Solid Power
(
Get Free Report)
Solid Power, Inc develops solid state battery technologies for the electric vehicles (EV) and other markets in the United States. The company sells its sulfide-based solid electrolyte; and licenses its solid-state cell designs and manufacturing processes. It also produces and sells 0.2, 2, 20 ampere-hour (Ah), and EV cells.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
