Geode Capital Management LLC Grows Stake in ClearSign Technologies Co. (NASDAQ:CLIR)

Geode Capital Management LLC raised its stake in shares of ClearSign Technologies Co. (NASDAQ:CLIR) by 35.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 521,229 shares of the technology company’s stock after purchasing an additional 136,639 shares during the period. Geode Capital Management LLC owned 1.04% of ClearSign Technologies worth $443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Americana Partners LLC bought a new position in shares of ClearSign Technologies during the 3rd quarter valued at approximately $25,000. Institutional investors own 24.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of ClearSign Technologies in a research note on Monday. They set a “sell” rating for the company.

ClearSign Technologies Trading Up 6.4 %

Shares of NASDAQ:CLIR opened at $1.16 on Monday. ClearSign Technologies Co. has a 12 month low of $0.62 and a 12 month high of $1.72. The company has a market capitalization of $58.27 million, a price-to-earnings ratio of -10.55 and a beta of 1.13. The firm’s 50-day moving average is $1.11 and its 200 day moving average is $0.91.

ClearSign Technologies Profile

ClearSign Technologies Corporation designs and develops products and technologies to enhance emission and operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States, the People's Republic of China, and Hong Kong.