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. T1 Energy Inc shares valued at $735,213 were sold by Slettemoen Tore Ivar on Dec 18 ’24. At $1.88 per share, Slettemoen Tore Ivar sold 391,071 shares. The insider’s holdings dropped to 5,080,446 shares worth approximately $7.06 million following the completion of this transaction.
Also, Slettemoen Tore Ivar sold 600,000 shares, netting a total of over 978,000 in proceeds. Following the sale of shares at $1.63 each, the insider now holds 6,016,105 shares.
Before that, Slettemoen Tore Ivar had sold 544,588 shares from its account. In a trade valued at $947,583, the Director traded T1 Energy Inc shares for $1.74 each. Upon closing the transaction, the insider’s holdings decreased to 544,588 shares, worth approximately $7.61 million.
As published in a research note from BTIG Research on December 20, 2024, T1 Energy Inc [TE] has been rated up from a Neutral to a Buy and the price target has been revised to $4. Analysts at Morgan Stanley downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in mid November. As of November 10, 2023, BTIG Research has decreased its “Buy” rating to a “Neutral” for TE. Earlier on October 25, 2023, TD Cowen downgraded its rating. Their new recommendation was “a Market perform” for TE stock which previously was a “an Outperform”.
Analyzing TE Stock Performance
On last trading session,, T1 Energy Inc [NYSE: TE] plunged -2.11% to $1.39. The stock’s lowest price that day was $1.35, but it reached a high of $1.435 in the same session. During the last five days, there has been a surge of approximately 29.91%. Over the course of the year, T1 Energy Inc shares have dropped approximately -46.12%.
Support And Resistance Levels for T1 Energy Inc (TE)
RSI (Relative Strength Index) is 59.93 on the 14-day chart, showing neutral technical sentiment.
Is T1 Energy Inc subject to short interest?
Stocks of T1 Energy Inc saw a sharp rise in short interest on 2025-05-30 jumping by 1.15 million shares to 12.35 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 11.19 million shares. A jump of 9.34% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 7.79 of the overall float, the days-to-cover ratio (short ratio) jumped to 7.79.
