30,000 Shares in Eos Energy Enterprises, Inc. (NASDAQ:EOSE) Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. bought a new stake in Eos Energy Enterprises, Inc. (NASDAQ:EOSE) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 30,000 shares of the company’s stock, valued at approximately $146,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Stephens Inc. AR bought a new position in Eos Energy Enterprises in the 4th quarter valued at about $64,000. R Squared Ltd bought a new position in Eos Energy Enterprises in the 4th quarter valued at about $31,000. Flagship Private Wealth LLC grew its position in Eos Energy Enterprises by 68.7% in the 4th quarter. Flagship Private Wealth LLC now owns 55,291 shares of the company’s stock valued at $269,000 after buying an additional 22,525 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new position in Eos Energy Enterprises in the 4th quarter valued at about $58,000. Finally, Lake Street Private Wealth LLC bought a new position in Eos Energy Enterprises in the 4th quarter valued at about $51,000. Institutional investors own 54.87% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on EOSE shares. Roth Mkm lowered shares of Eos Energy Enterprises from a “buy” rating to a “neutral” rating and increased their target price for the company from $4.00 to $5.00 in a research report on Thursday. Roth Capital lowered shares of Eos Energy Enterprises from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $4.10.

Eos Energy Enterprises Trading Down 5.7 %

NASDAQ:EOSE opened at $4.48 on Friday. Eos Energy Enterprises, Inc. has a twelve month low of $0.61 and a twelve month high of $6.64. The company has a 50-day moving average of $5.19 and a 200-day moving average of $3.54. The firm has a market cap of $976.25 million, a price-to-earnings ratio of -1.86 and a beta of 2.10.

Eos Energy Enterprises Profile

Eos Energy Enterprises, Inc designs, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial and industrial (C&I) applications in the United States. The company offers Znyth technology battery energy storage system (BESS), which provides the operating flexibility to manage increased grid complexity and price volatility.