Origin Materials Inc’s recent filing unveils that its General Counsel Lee Joshua C. unloaded Company’s shares for reported $8926.0 on Mar 05 ’25. In the deal valued at $0.85 per share,10,441 shares were sold. As a result of this transaction, Lee Joshua C. now holds 692,944 shares worth roughly $0.3 million.
Then, Bissell John sold 20,828 shares, generating $17,777 in total proceeds. Upon selling the shares at $0.85, the CEO and Director now owns 2,105,402 shares.
Before that, Plavan Matthew T sold 9,725 shares. Origin Materials Inc shares valued at $8,343 were divested by the CFO and COO at a price of $0.86 per share. As a result of the transaction, Plavan Matthew T now holds 1,510,231 shares, worth roughly $0.66 million.
BofA Securities downgraded its Origin Materials Inc [ORGN] rating to an Underperform from a a Buy in a research note published on January 14, 2025; the price target was decreased to $1.50 from $2.50. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in mid August from “a Neutral” to “a Buy”. Craig Hallum also remained covering ORGN and has decreased its forecast on August 11, 2023 with a “Hold” recommendation from previously “Buy” rating. Credit Suisse started covering the stock on October 14, 2022. It rated ORGN as “an Outperform”.
Price Performance Review of ORGN
On Tuesday, Origin Materials Inc [NASDAQ:ORGN] saw its stock fall -2.22% to $0.44. Over the last five days, the stock has lost -7.29%. Origin Materials Inc shares have fallen nearly -65.62% since the year began. Nevertheless, the stocks have fallen -54.30% over the past one year. While a 52-week high of $1.90 was reached on 01/06/25, a 52-week low of $0.40 was recorded on 05/16/25.
Levels Of Support And Resistance For ORGN Stock
The 24-hour chart illustrates a support level at 0.4317, which if violated will result in even more drops to 0.4233. On the upside, there is a resistance level at 0.4567. A further resistance level may holdings at 0.4733.
