KULR Technology Group, Inc. $KULR Shares Bought by Goldman Sachs Group Inc.

Key Points

• Goldman Sachs Group Inc. increased its holdings in KULR Technology Group, Inc. by 81.4% during the 1st quarter, owning approximately 977,318 shares worth $1.29 million.
• Other institutional investors also significantly increased their positions, with Bank of America Corp DE raising its stakes by 23,476.3% in the 4th quarter.
• KULR Technology Group has a market capitalization of $197.33 million, with shares trading between a 52-week low of $2.02 and a high of $43.92.

Goldman Sachs Group Inc. lifted its stake in shares of KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Free Report) by 81.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 977,318 shares of the company's stock after buying an additional 438,526 shares during the quarter. Goldman Sachs Group Inc. owned 2.56% of KULR Technology Group worth $1,290,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of KULR. Northern Trust Corp increased its holdings in KULR Technology Group by 85.5% during the 4th quarter. Northern Trust Corp now owns 373,815 shares of the company's stock worth $1,327,000 after purchasing an additional 172,339 shares during the last quarter. Bank of America Corp DE increased its holdings in KULR Technology Group by 23,476.3% during the 4th quarter. Bank of America Corp DE now owns 297,769 shares of the company's stock worth $1,057,000 after purchasing an additional 296,506 shares during the last quarter. Millennium Management LLC increased its holdings in KULR Technology Group by 84.5% during the 4th quarter. Millennium Management LLC now owns 249,228 shares of the company's stock worth $885,000 after purchasing an additional 114,114 shares during the last quarter. Two Sigma Investments LP increased its holdings in KULR Technology Group by 69.0% during the 4th quarter. Two Sigma Investments LP now owns 20,199 shares of the company's stock worth $72,000 after purchasing an additional 8,250 shares during the last quarter. Finally, Squarepoint Ops LLC purchased a new stake in KULR Technology Group during the 4th quarter worth approximately $69,000. 21.23% of the stock is currently owned by hedge funds and other institutional investors.

KULR Technology Group Trading Up 0.8%

KULR stock traded up $0.04 during midday trading on Tuesday, hitting $4.86. 1,224,508 shares of the company's stock were exchanged, compared to its average volume of 2,162,567. KULR Technology Group, Inc. has a 12-month low of $2.02 and a 12-month high of $43.92. The firm has a 50 day moving average price of $5.21 and a 200-day moving average price of $8.06. The stock has a market capitalization of $199.79 million, a price-to-earnings ratio of -8.38 and a beta of 2.10.

About KULR Technology Group

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes.