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Chart Industries, Inc. (NYSE:GTLS) Shares Sold by Boothbay Fund Management LLC

Chart Industries logo with Industrials background

Boothbay Fund Management LLC cut its holdings in Chart Industries, Inc. (NYSE:GTLS - Free Report) by 99.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 4,012 shares of the industrial products company's stock after selling 814,148 shares during the period. Boothbay Fund Management LLC's holdings in Chart Industries were worth $766,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in GTLS. Capital Analysts LLC acquired a new position in Chart Industries in the fourth quarter valued at $25,000. Smartleaf Asset Management LLC increased its stake in shares of Chart Industries by 129.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company's stock valued at $31,000 after acquiring an additional 92 shares during the last quarter. Fairway Wealth LLC purchased a new position in shares of Chart Industries during the 4th quarter worth about $34,000. Blue Trust Inc. boosted its position in shares of Chart Industries by 56.0% in the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company's stock worth $35,000 after acquiring an additional 65 shares during the last quarter. Finally, Spire Wealth Management grew its holdings in Chart Industries by 183.8% in the fourth quarter. Spire Wealth Management now owns 193 shares of the industrial products company's stock valued at $37,000 after purchasing an additional 125 shares during the period.

Insider Buying and Selling at Chart Industries

In other Chart Industries news, CEO Jillian C. Evanko bought 350 shares of the business's stock in a transaction on Thursday, March 6th. The shares were purchased at an average price of $150.35 per share, with a total value of $52,622.50. Following the completion of the acquisition, the chief executive officer now directly owns 137,666 shares of the company's stock, valued at approximately $20,698,083.10. The trade was a 0.25 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Gerald F. Vinci bought 175 shares of the stock in a transaction dated Wednesday, March 12th. The shares were bought at an average cost of $147.89 per share, with a total value of $25,880.75. Following the completion of the acquisition, the vice president now directly owns 475 shares of the company's stock, valued at approximately $70,247.75. The trade was a 58.33 % increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 1,109 shares of company stock worth $160,845 over the last 90 days. Insiders own 0.99% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. TD Cowen lowered their price target on Chart Industries from $210.00 to $205.00 and set a "buy" rating for the company in a research report on Friday. The Goldman Sachs Group dropped their target price on shares of Chart Industries from $197.00 to $173.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. Barclays lifted their price target on shares of Chart Industries from $160.00 to $171.00 and gave the company an "equal weight" rating in a research report on Monday. Stifel Nicolaus dropped their price objective on shares of Chart Industries from $231.00 to $214.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Finally, Wells Fargo & Company reduced their target price on shares of Chart Industries from $214.00 to $208.00 and set an "overweight" rating on the stock in a report on Tuesday, April 1st. Three analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $198.17.

Check Out Our Latest Stock Analysis on Chart Industries

Chart Industries Stock Down 0.7 %

NYSE:GTLS traded down $1.10 during mid-day trading on Monday, reaching $155.64. The stock had a trading volume of 99,651 shares, compared to its average volume of 743,602. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. The company has a market capitalization of $6.99 billion, a price-to-earnings ratio of 45.11, a price-to-earnings-growth ratio of 0.57 and a beta of 1.68. Chart Industries, Inc. has a 1-year low of $101.60 and a 1-year high of $220.03. The stock's 50 day simple moving average is $143.01 and its two-hundred day simple moving average is $169.85.

Chart Industries (NYSE:GTLS - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The industrial products company reported $1.86 earnings per share for the quarter, beating analysts' consensus estimates of $1.84 by $0.02. The business had revenue of $1 billion during the quarter, compared to the consensus estimate of $1.02 billion. Chart Industries had a return on equity of 13.25% and a net margin of 4.30%. The business's quarterly revenue was up 38.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.49 EPS. Equities analysts anticipate that Chart Industries, Inc. will post 9.02 EPS for the current year.

Chart Industries Profile

(Free Report)

Chart Industries, Inc engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.

Further Reading

Institutional Ownership by Quarter for Chart Industries (NYSE:GTLS)

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