OMERS ADMINISTRATION Corp Sells 177,800 Shares of KULR Technology Group, Inc. $KULR

Key Points

• OMERS ADMINISTRATION Corp reduced its stake in KULR Technology Group by 51.3%, selling 177,800 shares, leaving it with 169,000 shares valued at approximately $223,000.
• Other institutional investors significantly increased their holdings, with Bank of America Corp DE boosting its position by 23,476.3% and acquiring an additional 296,506 shares.
• KULR Technology Group's stock is currently trading at $4.44, reflecting a market capitalization of $182.53 million and a price-to-earnings ratio of -7.66.

OMERS ADMINISTRATION Corp lessened its position in shares of KULR Technology Group, Inc. (NYSEAMERICAN:KULR - Free Report) by 51.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 169,000 shares of the company's stock after selling 177,800 shares during the period. OMERS ADMINISTRATION Corp owned approximately 0.06% of KULR Technology Group worth $223,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in shares of KULR Technology Group by 23,476.3% during the fourth quarter. Bank of America Corp DE now owns 297,769 shares of the company's stock worth $1,057,000 after acquiring an additional 296,506 shares during the period. Arkadios Wealth Advisors bought a new stake in shares of KULR Technology Group during the first quarter worth approximately $103,000. Raymond James Financial Inc. bought a new stake in shares of KULR Technology Group during the fourth quarter worth approximately $120,000. Bulltick Wealth Management LLC bought a new stake in shares of KULR Technology Group during the first quarter worth approximately $462,000. Finally, PEAK6 LLC boosted its holdings in shares of KULR Technology Group by 2,585.4% during the first quarter. PEAK6 LLC now owns 440,400 shares of the company's stock worth $581,000 after acquiring an additional 424,000 shares during the period. Institutional investors own 21.23% of the company's stock.

KULR Technology Group Trading Down 2.4%

NYSEAMERICAN KULR opened at $4.44 on Friday. The company has a market cap of $182.53 million, a price-to-earnings ratio of -7.66 and a beta of 2.10. The company has a 50 day moving average of $5.72 and a 200-day moving average of $9.27. KULR Technology Group, Inc. has a 1-year low of $1.77 and a 1-year high of $43.92.

KULR Technology Group Profile

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.

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