State Street Corp Raises Stake in Complete Solaria, Inc. (NASDAQ:CSLR)

State Street Corp grew its position in Complete Solaria, Inc. (NASDAQ:CSLR) by 57.7% during the third quarter, Holdings Channel.com reports. The firm owned 106,600 shares of the company’s stock after acquiring an additional 39,000 shares during the period. State Street Corp’s holdings in Complete Solaria were worth $300,000 as of its most recent SEC filing.

Separately, Quadrature Capital Ltd acquired a new stake in Complete Solaria in the third quarter valued at $81,000. Hedge funds and other institutional investors own 30.25% of the company’s stock.

Complete Solaria Stock Performance

Shares of Complete Solaria stock opened at $1.87 on Friday. The company has a fifty day simple moving average of $1.89 and a 200-day simple moving average of $1.88. Complete Solaria, Inc. has a 12-month low of $0.20 and a 12-month high of $3.37.

Analysts Set New Price Targets

Separately, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $6.00 price objective on shares of Complete Solaria in a research report on Thursday, November 14th.

Insider Buying and Selling at Complete Solaria

In other news, major shareholder Solis Holdings L.L.C. Crsef sold 924,466 shares of Complete Solaria stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $2.14, for a total value of $1,978,357.24. Following the transaction, the insider now directly owns 3,643,231 shares of the company’s stock, valued at $7,796,514.34. The trade was a 20.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Carlyle Group Inc. sold 275,000 shares of the company’s stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $2.20, for a total transaction of $605,000.00. Following the completion of the sale, the insider now owns 2,405,461 shares of the company’s stock, valued at approximately $5,292,014.20. This trade represents a 10.26 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,910,610 shares of company stock worth $4,119,641 over the last 90 days. Corporate insiders own 44.60% of the company’s stock.

About Complete Solaria

Complete Solaria, Inc provides custom solar solutions in the United States. The company offers solar systems to homeowners and small to medium-sized commercial customers. It also provides HelioQuoteTM software system, a platform for residential solar designs, proposals, and engineering services. In addition, the company installs solar systems, as well as provides financing solutions.