1 week Ago By Defense World Staff
Bank of Montreal Can purchased a new stake in SES AI Co. (NYSE:SES – Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 22,086 shares of the company’s stock, valued at approximately $48,000.
Other hedge funds have also recently bought and sold shares of the company. CIBC Asset Management Inc bought a new stake in shares of SES AI in the 4th quarter worth about $25,000. Optas LLC acquired a new position in SES AI in the fourth quarter valued at about $27,000.
Cibc World Markets Corp bought a new stake in SES AI during the fourth quarter worth about $27,000. SBI Securities Co. Ltd.
acquired a new stake in shares of SES AI during the fourth quarter worth approximately $30,000. Finally, Wells Fargo & Company MN raised its stake in shares of SES AI by 28.7% in the fourth quarter.
Wells Fargo & Company MN now owns 76,147 shares of the company’s stock valued at $167,000 after acquiring an additional 16,989 shares during the last quarter. 29.78% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at SES AIIn other SES AI news, CFO Jing Nealis sold 80,992 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $1.17, for a total transaction of $94,760.
64. Following the transaction, the chief financial officer now directly owns 1,841,637 shares in the company, valued at approximately $2,154,715.29.
This represents a 4.21 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Also, CEO Qichao Hu sold 194,459 shares of SES AI stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $1.17, for a total transaction of $227,517.
03. Following the sale, the chief executive officer now owns 2,781,769 shares of the company’s stock, valued at approximately $3,254,669.73.
This represents a 6.53 % decrease in their position. The disclosure for this sale can be found here.
In the last 90 days, insiders sold 347,471 shares of company stock worth $406,541. 15.07% of the stock is currently owned by corporate insiders.
SES AI Price PerformanceShares of SES opened at $1.03 on Friday. The company has a market capitalization of $375.
45 million, a P/E ratio of -4.48 and a beta of 0.56.
SES AI Co. has a one year low of $0.20 and a one year high of $2.
53. The business’s 50 day simple moving average is $0.63 and its 200-day simple moving average is $0.
75. SES AI (NYSE:SES – Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The company reported ($0.
04) EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.03.
The business had revenue of $5.79 million during the quarter, compared to analyst estimates of $2.00 million.
On average, sell-side analysts anticipate that SES AI Co. will post -0.23 EPS for the current fiscal year.
SES AI Company Profile (Free Report)SES AI Corporation engages in the development and production of high-performance Lithium-metal rechargeable batteries for electric vehicles, electric vehicle take-off and landing, and other applications. The company was founded in 2012 and is headquartered in Woburn, Massachusetts. Featured ArticlesFive stocks we like better than SES AIWhat is a Death Cross in Stocks?Markets Think Robinhood Earnings Could Send the Stock UpHow to Use High Beta Stocks to Maximize Your Investing ProfitsChurchill Downs Stock: Could Tariff Fears Dampen Derby Gains?How to Use Stock Screeners to Find StocksAT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround.
