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

Complete Solaria, Inc. (NASDAQ:SPWR) CEO Thurman J. Rodgers bought 606,000 shares of the business’s stock in a transaction on Tuesday, June 3rd. The shares were acquired at an average price of $1.68 per share, with a total value 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 trade represents a -425.53% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Complete Solaria Price Performance

SPWR stock opened at $1.97 on Friday. Complete Solaria, Inc. has a one year low of $1.06 and a one year high of $3.37. The company’s 50 day moving average price is $1.57 and its two-hundred day moving average price is $1.79.

Analyst Ratings Changes

A number of research firms have recently commented on SPWR. Wall Street Zen lowered shares of Complete Solaria from a “buy” rating to a “hold” rating in a research report on Thursday. Janney Montgomery Scott lowered shares of Complete Solaria from a “buy” rating to a “neutral” rating in a research report on Thursday, March 13th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SPWR. Diametric Capital LP boosted its holdings in Complete Solaria by 35.8% in the fourth quarter. Diametric Capital LP now owns 229,912 shares of the company’s stock valued at $412,000 after acquiring an additional 60,600 shares in the last quarter. Millennium Management LLC boosted its holdings in Complete Solaria by 173.1% in the fourth quarter. Millennium Management LLC now owns 27,497 shares of the company’s stock valued at $49,000 after acquiring an additional 17,429 shares in the last quarter. OMERS ADMINISTRATION Corp bought a new stake in Complete Solaria in the fourth quarter valued at $250,000. Bridgeway Capital Management LLC boosted its holdings in Complete Solaria by 108.5% in the fourth quarter. Bridgeway Capital Management LLC now owns 134,500 shares of the company’s stock valued at $241,000 after acquiring an additional 70,000 shares in the last quarter. Finally, Alyeska Investment Group L.P. boosted its holdings in Complete Solaria by 1,538.7% in the fourth quarter. Alyeska Investment Group L.P. now owns 219,080 shares of the company’s stock valued at $392,000 after acquiring an additional 205,711 shares in the last quarter. 47.36% of the stock is owned by hedge funds and other institutional investors.

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.