1 day Ago By ABMN Staff
SES AI Co. ( NYSE:SES – Get Free Report ) CFO Jing Nealis sold 32,487 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $1.
02, for a total transaction of $33,136.74. Following the completion of the sale, the chief financial officer now directly owns 1,979,422 shares in the company, valued at $2,019,010.
44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Jing Nealis also recently made the following trade(s): SES AI Stock Down 12.
2 % Shares of SES stock traded down $0.12 during mid-day trading on Wednesday, hitting $0.86.
10,549,300 shares of the stock were exchanged, compared to its average volume of 870,752. SES AI Co. has a 52-week low of $0.
81 and a 52-week high of $2.66. The company has a market cap of $307.
35 million, a PE ratio of -5.39 and a beta of 2.43.
The firm has a fifty day moving average of $1.09 and a 200 day moving average of $1.28.
Institutional Investors Weigh In On SES AI A number of institutional investors have recently added to or reduced their stakes in the stock. Squarepoint Ops LLC raised its position in SES AI by 1,039.9% during the second quarter.
Squarepoint Ops LLC now owns 246,964 shares of the company’s stock worth $309,000 after acquiring an additional 225,299 shares during the period. Renaissance Technologies LLC increased its stake in shares of SES AI by 62.8% during the second quarter.
Renaissance Technologies LLC now owns 121,300 shares of the company’s stock worth $152,000 after purchasing an additional 46,800 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of SES AI by 20.2% during the 2nd quarter.
Bank of New York Mellon Corp now owns 427,944 shares of the company’s stock worth $535,000 after purchasing an additional 71,794 shares during the last quarter. EntryPoint Capital LLC acquired a new position in shares of SES AI during the 1st quarter worth about $88,000. Finally, Vanguard Group Inc.
lifted its stake in SES AI by 0.7% in the 1st quarter. Vanguard Group Inc.
now owns 11,830,407 shares of the company’s stock valued at $19,875,000 after buying an additional 82,245 shares in the last quarter. Institutional investors and hedge funds own 29.78% of the company’s stock.
Analysts Set New Price Targets Several analysts recently commented on SES shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $1.50 target price on shares of SES AI in a report on Tuesday, September 10th.
Wolfe Research began coverage on shares of SES AI in a research note on Thursday, September 5th. They set an “underperform” rating and a $1.00 price objective on the stock.
View Our Latest Stock Analysis on SES About SES AI ( Get 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 Stories Receive News & Ratings for SES AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SES AI and related companies with MarketBeat.
com's FREE daily email newsletter ..
