Thurman J. Rodgers Purchases 606,000 Shares of Complete Solaria, Inc. (NASDAQ:SPWR) Stock

Complete Solaria, Inc. (NASDAQ:SPWR - Get Free Report) CEO Thurman J. Rodgers purchased 606,000 shares of Complete Solaria stock in a transaction dated Tuesday, June 3rd. The shares were acquired at an average cost of $1.68 per share, for a total transaction of $1,018,080.00. Following the transaction, the chief executive officer now directly owns 463,589 shares of the company's stock, valued at approximately $778,829.52. This represents a -425.53% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Complete Solaria Stock Down 5.4%

NASDAQ:SPWR traded down $0.10 during mid-day trading on Thursday, hitting $1.74. The stock had a trading volume of 1,601,836 shares, compared to its average volume of 557,573. The stock has a 50-day simple moving average of $1.56 and a two-hundred day simple moving average of $1.79. Complete Solaria, Inc. has a twelve month low of $1.06 and a twelve month high of $3.37.

Analyst Ratings Changes

SPWR has been the topic of several research reports. Wall Street Zen cut shares of Complete Solaria from a "buy" rating to a "hold" rating in a research report on Thursday. Janney Montgomery Scott cut shares of Complete Solaria from a "buy" rating to a "neutral" rating in a research report on Thursday, March 13th.

Institutional Trading of Complete Solaria

Several hedge funds have recently added to or reduced their stakes in the company. Renaissance Technologies LLC acquired a new stake in Complete Solaria in the fourth quarter valued at approximately $512,000. Diametric Capital LP grew its holdings in shares of Complete Solaria by 35.8% during the fourth quarter. Diametric Capital LP now owns 229,912 shares of the company's stock worth $412,000 after purchasing an additional 60,600 shares during the last quarter. Alyeska Investment Group L.P. grew its holdings in shares of Complete Solaria by 1,538.7% during the fourth quarter. Alyeska Investment Group L.P. now owns 219,080 shares of the company's stock worth $392,000 after purchasing an additional 205,711 shares during the last quarter. OMERS ADMINISTRATION Corp purchased a new position in shares of Complete Solaria during the fourth quarter worth about $250,000. Finally, Bridgeway Capital Management LLC grew its holdings in shares of Complete Solaria by 108.5% during the fourth quarter. Bridgeway Capital Management LLC now owns 134,500 shares of the company's stock worth $241,000 after purchasing an additional 70,000 shares during the last quarter. Institutional investors and hedge funds own 47.36% of the company's stock.

About Complete Solaria

Complete Solaria, Inc engages in the provision of solar services. It offers sales enablement, project management, partner coordination, and customer communication. The company is headquartered in San Ramon, CA and does business as SunPower Corporation.

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