Complete Solaria, Inc. (NASDAQ:CSLR) Major Shareholder Sells $149,451.72 in Stock

Complete Solaria, Inc. (NASDAQ:CSLR) major shareholder Solis Holdings L.L.C. Crsef sold 73,986 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $2.02, for a total transaction of $149,451.72. Following the sale, the insider now owns 2,077,374 shares of the company’s stock, valued at approximately $4,196,295.48. This represents a 3.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Solis Holdings L.L.C. Crsef also recently made the following trade(s):

• On Friday, November 29th, Solis Holdings L.L.C. Crsef sold 56,509 shares of Complete Solaria stock. The shares were sold at an average price of $2.03, for a total transaction of $114,713.27.
• On Monday, November 25th, Solis Holdings L.L.C. Crsef sold 200 shares of Complete Solaria stock. The stock was sold at an average price of $2.00, for a total transaction of $400.00.
• On Thursday, November 21st, Solis Holdings L.L.C. Crsef sold 3,901 shares of Complete Solaria stock. The shares were sold at an average price of $2.02, for a total value of $7,880.02.
• On Monday, October 14th, Solis Holdings L.L.C. Crsef sold 250,000 shares of Complete Solaria stock. The stock was sold at an average price of $2.23, for a total value of $557,500.00.
• On Friday, October 11th, Solis Holdings L.L.C. Crsef sold 92,905 shares of Complete Solaria stock. The shares were sold at an average price of $2.27, for a total value of $210,894.35.
• On Wednesday, October 9th, Solis Holdings L.L.C. Crsef sold 924,466 shares of Complete Solaria stock. The shares were sold at an average price of $2.14, for a total transaction of $1,978,357.24.
• On Monday, October 7th, Solis Holdings L.L.C. Crsef sold 133,643 shares of Complete Solaria stock. The stock was sold at an average price of $2.51, for a total transaction of $335,443.93.

Complete Solaria Trading Down 0.5 %

CSLR stock traded down $0.01 during midday trading on Monday, hitting $2.00. 524,469 shares of the company traded hands, compared to its average volume of 1,284,840. The business has a 50 day simple moving average of $2.25 and a 200-day simple moving average of $1.84. Complete Solaria, Inc. has a twelve month low of $0.20 and a twelve month high of $3.37.

Institutional Trading of Complete Solaria

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new position in shares of Complete Solaria in the 3rd quarter worth approximately $51,000. Quadrature Capital Ltd bought a new stake in Complete Solaria in the third quarter valued at $81,000. XTX Topco Ltd acquired a new position in Complete Solaria during the third quarter worth $129,000. Finally, State Street Corp boosted its stake in shares of Complete Solaria by 57.7% in the 3rd quarter. State Street Corp now owns 106,600 shares of the company’s stock valued at $300,000 after purchasing an additional 39,000 shares in the last quarter. Institutional investors own 30.25% of the company’s stock.

Analyst Ratings Changes

Separately, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $6.00 price target on shares of Complete Solaria in a research report on Thursday, November 14th.

Complete Solaria Company Profile

Complete Solaria, Inc provides custom solar solutions in the United States. The company offers solar systems to homeowners and small to medium-sized commercial customers. It also provides HelioQuoteTM software system, a platform for residential solar designs, proposals, and engineering services. In addition, the company installs solar systems, as well as provides financing solutions.