Key Points
- Brandon Bridgewater sold 18,191 shares of Zeo Energy on Dec. 9 at an average price of $1.16 for $21,101.56 and had also sold 24,490 shares on Dec. 8 at $1.20; the SEC-filed trades reduced his stake by 0.62% to about 2.913.956 shares.
- Zeo Energy shares traded at $1.09 midday (down $0.06) with a market cap of about $62.4M, 50-/200‑day SMAs of $1.48/$1.98, a negative recent EPS (−$0.12), and an average analyst rating of "Sell".
Zeo Energy Corp. (NASDAQ:ZEO - Get Free Report) insider Brandon Bridgewater sold 18,191 shares of Zeo Energy stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $1.16, for a total transaction of $21,101.56. Following the completion of the transaction, the insider owned 2,913,956 shares in the company, valued at approximately $3,380,188.96. This trade represents a 0.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Brandon Bridgewater also recently made the following trade(s):
- On Monday, December 8th, Brandon Bridgewater sold 24,490 shares of Zeo Energy stock. The stock was sold at an average price of $1.20, for a total value of $29,388.00.
Zeo Energy Stock Performance
Zeo Energy stock traded down $0.06 during midday trading on Thursday, reaching $1.09. The stock had a trading volume of 58,219 shares, compared to its average volume of 837,366. The stock's 50-day simple moving average is $1.48 and its 200 day simple moving average is $1.98. Zeo Energy Corp. has a twelve month low of $0.95 and a twelve month high of $3.95. The stock has a market capitalization of $62.42 million, a PE ratio of -1.45 and a beta of -0.15.
Zeo Energy (NASDAQ:ZEO - Get Free Report) last announced its quarterly earnings results on Friday, November 14th. The company reported ($0.12) EPS for the quarter. The business had revenue of $23.90 million during the quarter.
Hedge Funds Weigh In On Zeo Energy
Hedge funds and other institutional investors have recently bought and sold shares of the stock. CIBC Bancorp USA Inc. acquired a new stake in Zeo Energy in the third quarter valued at approximately $26,000. SHANDA ASSET MANAGEMENT HOLDINGS Ltd purchased a new position in shares of Zeo Energy in the third quarter valued at $50,000. Piper Sandler & CO. acquired a new stake in Zeo Energy during the 3rd quarter valued at $915,000. Mission Wealth Management LP purchased a new stake in Zeo Energy during the 3rd quarter worth $33,000. Finally, Citizens Financial Group Inc. RI acquired a new position in Zeo Energy in the 3rd quarter worth $359,000.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on ZEO shares. Weiss Ratings restated a "sell (e+)" rating on shares of Zeo Energy in a report on Thursday, December 4th. Wall Street Zen raised shares of Zeo Energy from a "strong sell" rating to a "hold" rating in a research note on Saturday, November 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of "Sell".
View Our Latest Stock Analysis on ZEO
About Zeo Energy
(
Get Free Report)
Zeo Energy Corp. provides residential solar energy systems, other energy efficient equipment, and related services in Florida, Texas, Arkansas, and Missouri, the United States. The company is involved in the selling and installing of residential solar energy systems that homeowners use electricity required to power their homes.
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