FREYR Battery, Inc. (NYSE:FREY) Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. decreased its stake in shares of FREYR Battery, Inc. (NYSE:FREY) by 1.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 522,200 shares of the company’s stock after selling 6,500 shares during the period. Rockefeller Capital Management L.P. owned 0.37% of FREYR Battery worth $507,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Victory Capital Management Inc. purchased a new stake in shares of FREYR Battery during the 2nd quarter worth about $26,000. DRW Securities LLC acquired a new position in FREYR Battery during the third quarter valued at approximately $29,000. SG Americas Securities LLC purchased a new stake in FREYR Battery during the second quarter worth approximately $38,000. BNP Paribas Financial Markets increased its position in shares of FREYR Battery by 182.9% in the third quarter. BNP Paribas Financial Markets now owns 55,575 shares of the company’s stock worth $54,000 after acquiring an additional 35,928 shares in the last quarter. Finally, WINTON GROUP Ltd purchased a new position in shares of FREYR Battery in the 2nd quarter valued at $56,000. Hedge funds and other institutional investors own 52.31% of the company’s stock.

FREYR Battery Trading Down 5.8 %

Shares of FREYR Battery stock opened at $1.70 on Wednesday. The company has a fifty day moving average price of $1.55 and a 200 day moving average price of $1.54. FREYR Battery, Inc. has a twelve month low of $0.91 and a twelve month high of $2.85. The stock has a market cap of $238.13 million, a price-to-earnings ratio of -2.23 and a beta of 1.02.

FREYR Battery (NYSE:FREY) last posted its earnings results on Wednesday, November 6th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.02). During the same quarter last year, the business posted ($0.07) earnings per share.

About FREYR Battery

FREYR Battery, Inc provides battery solutions in the United States, Norway, and internationally. The company develops battery cell manufacturing facilities. It serves its products to energy storage systems and commercial mobility, including marine applications and commercial vehicles markets. The company is headquartered in Luxembourg.