Key Points
- Brandon Bridgewater sold 32,669 shares on December 11 at an average price of $1.16 for $37,896, leaving him with 2,876,747 shares (a 1.12% ownership decrease).
- Between December 8–11 he executed four sales totaling 79,890 shares for about $93,600, indicating a concentrated period of insider selling.
- Zeo Energy shares opened at $1.10, are trading below their 50- and 200-day moving averages, the company reported negative EPS, and the stock carries an average analyst rating of "Sell".
Zeo Energy Corp. (NASDAQ:ZEO - Get Free Report) insider Brandon Bridgewater sold 32,669 shares of the firm's stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $1.16, for a total value of $37,896.04. Following the completion of the sale, the insider directly owned 2,876,747 shares of the company's stock, valued at $3,337,026.52. The trade was a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Brandon Bridgewater also recently made the following trade(s):
- On Wednesday, December 10th, Brandon Bridgewater sold 4,540 shares of Zeo Energy stock. The shares were sold at an average price of $1.15, for a total transaction of $5,221.00.
- On Tuesday, December 9th, Brandon Bridgewater sold 18,191 shares of Zeo Energy stock. The stock was sold at an average price of $1.16, for a total transaction of $21,101.56.
- 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 Down 0.9%
Shares of Zeo Energy stock opened at $1.10 on Friday. The stock's fifty day moving average is $1.47 and its two-hundred day moving average is $1.97. Zeo Energy Corp. has a 52 week low of $0.95 and a 52 week high of $3.95. The company has a market capitalization of $63.28 million, a PE ratio of -1.47 and a beta of -0.15.
Zeo Energy (NASDAQ:ZEO - Get Free Report) last issued its earnings results on Friday, November 14th. The company reported ($0.12) earnings per share (EPS) for the quarter. The firm had revenue of $23.90 million for the quarter.
Institutional Investors Weigh In On Zeo Energy
Hedge funds have recently made changes to their positions in the stock. Piper Sandler & CO. bought a new stake in shares of Zeo Energy in the 3rd quarter valued at about $915,000. Citizens Financial Group Inc. RI purchased a new stake in Zeo Energy during the third quarter valued at approximately $359,000. Geode Capital Management LLC boosted its stake in Zeo Energy by 98.2% in the second quarter. Geode Capital Management LLC now owns 173,670 shares of the company's stock valued at $504,000 after acquiring an additional 86,047 shares in the last quarter. SHANDA ASSET MANAGEMENT HOLDINGS Ltd purchased a new position in Zeo Energy in the third quarter worth $50,000. Finally, U.S. Capital Wealth Advisors LLC acquired a new position in shares of Zeo Energy during the third quarter worth $42,000.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on the company. Weiss Ratings reiterated a "sell (e+)" rating on shares of Zeo Energy in a report on Wednesday. Wall Street Zen raised Zeo Energy from a "strong sell" rating to a "hold" rating in a research report on Saturday, November 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of "Sell".
Get Our Latest Analysis on ZEO
Zeo Energy Company Profile
(
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.
Further Reading
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