HighTower Advisors LLC Acquires Shares of 58,824 Montana Technologies Co. (NASDAQ:AIRJ)

HighTower Advisors LLC bought a new position in Montana Technologies Co. (NASDAQ:AIRJ) during the 3rd quarter, Holdings Channel.com reports. The firm bought 58,824 shares of the company’s stock, valued at approximately $342,000.

Separately, Charles Schwab Investment Management Inc. boosted its holdings in shares of Montana Technologies by 14.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 69,733 shares of the company’s stock worth $404,000 after purchasing an additional 8,714 shares during the period. Institutional investors own 63.65% of the company’s stock.

Wall Street Analyst Weigh In

Separately, HC Wainwright assumed coverage on Montana Technologies in a report on Friday. They set a “buy” rating and a $12.00 price target on the stock.

Montana Technologies Stock Performance

Shares of Montana Technologies stock opened at $9.50 on Monday. The business has a 50 day moving average of $7.36 and a 200 day moving average of $8.03. Montana Technologies Co. has a 52 week low of $4.94 and a 52 week high of $49.11.

Montana Technologies Company Profile

Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.