30,000 Shares in SES AI Co. (NYSE:SES) Bought by Savant Capital LLC

Savant Capital LLC acquired a new position in shares of SES AI Co. (NYSE:SES) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 30,000 shares of the company’s stock, valued at approximately $66,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Optas LLC purchased a new stake in shares of SES AI during the fourth quarter worth $27,000. LexAurum Advisors LLC purchased a new stake in shares of SES AI during the fourth quarter worth $55,000. Abel Hall LLC purchased a new stake in shares of SES AI during the fourth quarter worth $57,000. SG Americas Securities LLC raised its holdings in shares of SES AI by 91.6% during the third quarter. SG Americas Securities LLC now owns 66,573 shares of the company’s stock worth $43,000 after acquiring an additional 31,832 shares in the last quarter. Finally, XTX Topco Ltd purchased a new stake in shares of SES AI during the third quarter worth $28,000. 29.78% of the stock is currently owned by hedge funds and other institutional investors.

SES AI Trading Down 1.5 %

Shares of NYSE:SES opened at $1.01 on Thursday. SES AI Co. has a 1 year low of $0.20 and a 1 year high of $2.53. The business has a fifty day simple moving average of $1.14 and a 200 day simple moving average of $0.84. The firm has a market cap of $362.38 million, a price-to-earnings ratio of -4.37 and a beta of 0.28.

Insiders Place Their Bets

In other SES AI news, CFO Jing Nealis sold 50,000 shares of the business’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $1.02, for a total value of $51,000.00. Following the completion of the sale, the chief financial officer now owns 1,935,322 shares of the company’s stock, valued at $1,974,028.44. The trade was a 2.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Qichao Hu sold 194,459 shares of the business’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $1.17, for a total value of $227,517.03. Following the completion of the sale, the chief executive officer now directly owns 2,781,769 shares of the company’s stock, valued at $3,254,669.73. This represents a 6.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 547,471 shares of company stock valued at $610,541 over the last quarter. Insiders own 15.07% of the company’s stock.

About SES AI

SES AI Corporation engages in the development and production of high-performance Lithium-metal rechargeable batteries for electric vehicles, electric vehicle take-off and landing, and other applications. The company was founded in 2012 and is headquartered in Woburn, Massachusetts.