Charles Lynn Hamilton Sells 375,950 Shares of Fermi (NASDAQ:FRMI) Stock

Key Points

• Insider sales: Charles Lynn Hamilton sold 375,950 shares on April 8 (avg $4.91) and 398,140 shares on April 9 (avg $4.58), generating roughly $3.67M and reducing his stake by about 5.97%; other insiders (CFO and COO) executed similar large sales on April 8–9.
• Fermi shares traded at $4.87 (up 1%), with a market cap of $3.07B, a 12‑month range of $4.47–$36.99, a 50‑day moving average of $7.93, and a negative P/E of -5.80.
• Analyst mix: the consensus rating is "Buy" with an average price target of $26.89, but several firms have recently cut targets or downgraded the stock (e.g., UBS and Wall Street Zen), leaving sentiment mixed.

Fermi Inc. (NASDAQ:FRMI - Get Free Report) insider Charles Lynn Hamilton sold 375,950 shares of the business's stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $4.91, for a total transaction of $1,845,914.50. Following the completion of the sale, the insider owned 5,924,050 shares of the company's stock, valued at approximately $29,087,085.50. The trade was a 5.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Charles Lynn Hamilton also recently made the following trade(s):

• On Thursday, April 9th, Charles Lynn Hamilton sold 398,140 shares of Fermi stock. The shares were sold at an average price of $4.58, for a total transaction of $1,823,481.20.

Fermi Stock Up 1.0%

Fermi stock traded up $0.05 during trading on Friday, reaching $4.87. The company had a trading volume of 7,877,591 shares, compared to its average volume of 12,029,257. Fermi Inc. has a 12-month low of $4.47 and a 12-month high of $36.99. The business's 50 day moving average price is $7.93. The stock has a market capitalization of $3.07 billion and a price-to-earnings ratio of -5.80.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Citizens Jmp assumed coverage on shares of Fermi in a research note on Monday, February 9th. They set a "market outperform" rating and a $30.00 price objective for the company. Cantor Fitzgerald assumed coverage on shares of Fermi in a research note on Thursday. They set an "overweight" rating and a $8.00 price objective for the company. UBS Group decreased their price objective on shares of Fermi from $30.00 to $8.00 and set a "buy" rating for the company in a research note on Wednesday, April 1st. Wall Street Zen downgraded shares of Fermi from a "hold" rating to a "sell" rating in a research note on Saturday, March 28th. Finally, Weiss Ratings reiterated a "sell (e+)" rating on shares of Fermi in a research note on Monday, March 23rd. Three analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $26.89.

Trending Headlines about Fermi

Here are the key news stories impacting Fermi this week:

• Positive Sentiment: Cantor Fitzgerald initiated coverage with an "overweight" rating and an $8.00 price target (about a mid-double‑digit upside vs the current price), which can attract buy-side interest and broker‑driven flows. Cantor Fitzgerald initiation
• Neutral Sentiment: Reported short interest is effectively zero and shows a 0.0 days-to-cover metric based on recent average volume — an unusual but neutral data point that implies short squeezes are unlikely to drive the stock near term. (No accompanying news link.)
• Negative Sentiment: Multiple insiders sold large blocks on April 8–9: CFO Miles Everson, COO Blanes Jacobo Ortiz, and insider Charles Lynn Hamilton each executed roughly 375k–427k share sales across the two days at average prices of about $4.58–$4.91, generating proceeds of roughly $1.8M–$2.0M per trade and reducing their stakes by ~3.7%–7.3%. These are SEC‑filed dispositions and can be interpreted as near‑term selling pressure or portfolio rebalancing. CFO filings COO filings Other insider filings

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Leonteq Securities AG purchased a new position in shares of Fermi in the fourth quarter valued at $30,000. PNC Financial Services Group Inc. purchased a new position in shares of Fermi in the fourth quarter valued at $36,000. Aspect Partners LLC purchased a new position in shares of Fermi in the fourth quarter valued at $38,000. SBI Securities Co. Ltd. purchased a new position in shares of Fermi in the fourth quarter valued at $41,000. Finally, MML Investors Services LLC purchased a new position in shares of Fermi in the fourth quarter valued at $81,000.

Fermi Company Profile

Fermi's mission is to power the artificial intelligence (“AI”) needs of tomorrow. We are an advanced energy and hyperscaler development company purpose-built for the AI era. Our mission is to deliver up to 11 gigawatts (“GW”) of low-carbon, HyperRedundant™, and on-demand power directly to the world's most compute-intensive businesses with 1.1 GW of power projected to be online by the end of 2026. We have entered into a long-term lease on a site large enough to simultaneously house the next three largest data center campuses by square footage currently in existence.

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