Solid Power, Inc. (NASDAQ:SLDP – Get Free Report) CTO Joshua Buettner-Garrett sold 187,500 shares of the company’s stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $1.66, for a total transaction of $311,250.00. Following the transaction, the chief technology officer now owns 687,473 shares of the company’s stock, valued at approximately $1,141,205.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Joshua Buettner-Garrett also recently made the following trade(s):
- On Tuesday, May 21st, Joshua Buettner-Garrett sold 187,500 shares of Solid Power stock. The shares were sold at an average price of $1.68, for a total transaction of $315,000.00.
- On Wednesday, April 3rd, Joshua Buettner-Garrett sold 187,500 shares of Solid Power stock. The shares were sold at an average price of $1.86, for a total transaction of $348,750.00.
Solid Power Stock Performance
NASDAQ:SLDP opened at $1.67 on Tuesday. Solid Power, Inc. has a twelve month low of $1.10 and a twelve month high of $3.20. The company has a 50-day moving average of $1.73 and a 200-day moving average of $1.59. The firm has a market cap of $295.67 million, a price-to-earnings ratio of -4.39 and a beta of 1.79.
Hedge Funds Weigh In On Solid Power
Large investors have recently made changes to their positions in the business. Gainplan LLC purchased a new stake in Solid Power during the first quarter valued at about $25,000. Norden Group LLC purchased a new stake in Solid Power during the first quarter valued at about $29,000. SG Americas Securities LLC purchased a new stake in Solid Power during the first quarter valued at about $31,000. Brave Asset Management Inc. lifted its stake in Solid Power by 90.9% during the fourth quarter. Brave Asset Management Inc. now owns 21,000 shares of the company’s stock valued at $30,000 after buying an additional 10,000 shares in the last quarter. Finally, Paloma Partners Management Co purchased a new stake in Solid Power during the first quarter valued at about $48,000. Institutional investors own 33.66% of the company’s stock.
Analyst Ratings Changes
SLDP has been the subject of a number of recent analyst reports. Chardan Capital reiterated a “buy” rating and issued a $5.00 target price on shares of Solid Power in a research report on Wednesday, May 8th. Needham & Company LLC reiterated a “buy” rating and issued a $3.00 target price on shares of Solid Power in a research report on Wednesday, May 8th. Finally, DA Davidson reiterated a “neutral” rating and issued a $3.00 target price on shares of Solid Power in a research report on Tuesday, March 5th.
Check Out Our Latest Analysis on SLDP
Solid Power Company Profile
Solid Power, Inc develops solid state battery technologies for the electric vehicles (EV) and other markets in the United States. The company sells its sulfide-based solid electrolyte; and licenses its solid-state cell designs and manufacturing processes. It also produces and sells 0.2, 2, 20 ampere-hour (Ah), and EV cells.
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