Geode Capital Management LLC grew its stake in shares of OPAL Fuels Inc. (NASDAQ:OPAL – Free Report) by 19.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 257,549 shares of the company’s stock after buying an additional 41,250 shares during the period. Geode Capital Management LLC owned 0.15% of OPAL Fuels worth $940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently modified their holdings of the company. Yaupon Capital Management LP increased its holdings in OPAL Fuels by 17.0% in the 3rd quarter. Yaupon Capital Management LP now owns 700,054 shares of the company’s stock valued at $2,555,000 after acquiring an additional 101,955 shares during the last quarter. Inspire Investing LLC purchased a new position in shares of OPAL Fuels during the third quarter valued at about $430,000. GSA Capital Partners LLP increased its holdings in shares of OPAL Fuels by 69.3% in the third quarter. GSA Capital Partners LLP now owns 96,056 shares of the company’s stock worth $351,000 after purchasing an additional 39,325 shares during the last quarter. Marshall Wace LLP bought a new stake in OPAL Fuels in the 2nd quarter worth approximately $389,000. Finally, Sanctuary Advisors LLC bought a new stake in OPAL Fuels in the second quarter worth $93,000. Hedge funds and other institutional investors own 12.16% of the company’s stock.
OPAL Fuels Trading Down 2.1 %
Shares of NASDAQ OPAL opened at $3.28 on Friday. OPAL Fuels Inc. has a 12-month low of $2.96 and a 12-month high of $5.18. The firm’s 50-day moving average price is $3.55 and its 200-day moving average price is $3.70. The stock has a market capitalization of $566.88 million, a price-to-earnings ratio of 18.22 and a beta of 0.54.
OPAL Fuels Profile
OPAL Fuels Inc, together with its subsidiaries, engages in the production and distribution of renewable natural gas for use as a vehicle fuel for heavy and medium-duty trucking fleets. It also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel.
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