Geode Capital Management LLC Cuts Stock Holdings in Complete Solaria, Inc. (NASDAQ:CSLR)

Geode Capital Management LLC trimmed its position in shares of Complete Solaria, Inc. (NASDAQ:CSLR) by 16.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 292,514 shares of the company’s stock after selling 56,713 shares during the quarter. Geode Capital Management LLC owned 0.46% of Complete Solaria worth $822,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. XTX Topco Ltd purchased a new position in Complete Solaria during the 3rd quarter worth $129,000. State Street Corp boosted its holdings in Complete Solaria by 57.7% during the 3rd quarter. State Street Corp now owns 106,600 shares of the company’s stock worth $300,000 after acquiring an additional 39,000 shares during the last quarter. Quadrature Capital Ltd purchased a new position in Complete Solaria during the 3rd quarter worth $81,000. Finally, Jane Street Group LLC purchased a new position in Complete Solaria during the 3rd quarter worth $51,000. 30.25% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $6.00 price objective on shares of Complete Solaria in a report on Thursday, November 14th.

Insider Buying and Selling

In related news, major shareholder Carlyle Group Inc. sold 275,000 shares of the business’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $2.20, for a total value of $605,000.00. Following the transaction, the insider now directly owns 2,405,461 shares of the company’s stock, valued at approximately $5,292,014.20. The trade was a 10.26 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Solis Holdings L.L.C. Crsef sold 250,000 shares of the company’s stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $2.23, for a total transaction of $557,500.00. Following the sale, the insider now directly owns 2,905,461 shares in the company, valued at approximately $6,479,178.03. This trade represents a 7.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 759,596 shares of company stock valued at $1,594,945. 44.60% of the stock is owned by insiders.

Complete Solaria Price Performance

Shares of NASDAQ:CSLR opened at $1.72 on Friday. The company’s 50-day moving average is $1.86 and its 200 day moving average is $1.89. Complete Solaria, Inc. has a fifty-two week low of $0.20 and a fifty-two week high of $3.37.

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.