The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Complete Solaria Inc shares valued at $2,730,376 were purchased by CRSEF Solis Holdings, L.L.C. on Jan 08 ’25. At $1.76 per share, CRSEF Solis Holdings, L.L.C. acquired 1,551,350 shares.
Also, Gishen Adam sold 70,000 shares, netting a total of over 185,000 in proceeds. Following the sale of shares at $2.64 each, the insider now holds 267,742 shares.
Before that, Gishen Adam had sold 100,000 shares from its account. In a trade valued at $160,000, the Director traded Complete Solaria Inc shares for $1.60 each. Upon closing the transaction, the insider’s holdings decreased to 100,000 shares, worth approximately $0.3 million.
As published in their initiating research note from Cantor Fitzgerald on January 08, 2024, Complete Solaria Inc [CSLR] has been an Overweight and the price target has been revised to $6.
Analyzing CSLR Stock Performance
During the last five days, there has been a drop of approximately -0.84%. Over the course of the year, Complete Solaria Inc shares have dropped approximately -0.84%. Shares of the company reached a 52-week high of $2.0000 on 01/07/25 and a 52-week low of $1.7100 on 01/08/25. A 50-day SMA is recorded $1.8892, while a 200-day SMA reached $1.5994. Nevertheless, trading volume fell to 0.57 million shares from 0.81 million shares the previous day.
Support And Resistance Levels for Complete Solaria Inc (CSLR)
According to the 24-hour chart, there is a support level at 1.6733, which, if violated, would cause prices to drop to 1.5717. In the upper region, resistance lies at 1.9133. The next price resistance is at 2.0517. RSI (Relative Strength Index) is 47.55 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0893, which suggests the price will decrease in the coming days. Percent R is at 45.00%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
