Complete Solaria, Inc. (NASDAQ:CSLR) Shares Acquired by State Street Corp

State Street Corp increased its holdings in shares of Complete Solaria, Inc. (NASDAQ:CSLR) by 57.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 106,600 shares of the company’s stock after acquiring an additional 39,000 shares during the quarter. State Street Corp owned about 0.17% of Complete Solaria worth $300,000 at the end of the most recent reporting period.

Separately, Quadrature Capital Ltd purchased a new position in Complete Solaria in the 3rd quarter worth approximately $81,000. 30.25% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Cantor Fitzgerald restated an “overweight” rating and issued a $6.00 price target on shares of Complete Solaria in a research report on Thursday, November 14th.

Insider Activity at Complete Solaria

In related news, major shareholder Solis Holdings L.L.C. Crsef sold 56,509 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $2.03, for a total value of $114,713.27. Following the completion of the transaction, the insider now directly owns 2,020,865 shares in the company, valued at approximately $4,102,355.95. This represents a 2.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder Carlyle Group Inc. sold 275,000 shares of Complete Solaria stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $2.20, for a total value of $605,000.00. Following the completion of the sale, the insider now owns 2,405,461 shares in the company, valued at $5,292,014.20. This represents a 10.26 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,910,610 shares of company stock valued at $4,119,641. 44.60% of the stock is owned by company insiders.

Complete Solaria Stock Down 1.1 %

Shares of CSLR opened at $1.87 on Friday. Complete Solaria, Inc. has a 52-week low of $0.20 and a 52-week high of $3.37. The stock has a fifty day simple moving average of $1.89 and a two-hundred day simple moving average of $1.88.

Complete Solaria Company Profile

Complete Solaria, Inc provides custom solar solutions in the United States. The company offers solar systems to homeowners and small to medium-sized commercial customers. It also provides HelioQuoteTM software system, a platform for residential solar designs, proposals, and engineering services. In addition, the company installs solar systems, as well as provides financing solutions.