Sunworks, Inc. (NASDAQ:SUNW) COO Abraham Richard Emard sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, July 14th. The shares were sold at an average price of $1.85, for a total transaction of $27,750.00. Following the completion of the sale, the chief operating officer now directly owns 632,305 shares in the company, valued at $1,169,764.25. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Abraham Richard Emard also recently made the following trade(s):
- On Friday, July 21st, Abraham Richard Emard sold 34,500 shares of Sunworks stock. The shares were sold at an average price of $2.08, for a total transaction of $71,760.00.
- On Wednesday, July 19th, Abraham Richard Emard sold 26,700 shares of Sunworks stock. The shares were sold at an average price of $1.91, for a total transaction of $50,997.00.
- On Tuesday, July 18th, Abraham Richard Emard sold 1,560 shares of Sunworks stock. The shares were sold at an average price of $1.92, for a total transaction of $2,995.20.
- On Thursday, July 20th, Abraham Richard Emard sold 54,844 shares of Sunworks stock. The stock was sold at an average price of $1.96, for a total transaction of $107,494.24.
- On Monday, July 17th, Abraham Richard Emard sold 25,394 shares of Sunworks stock. The stock was sold at an average price of $1.86, for a total transaction of $47,232.84.
- On Wednesday, July 12th, Abraham Richard Emard sold 34,500 shares of Sunworks stock. The stock was sold at an average price of $1.79, for a total transaction of $61,755.00.
- On Tuesday, July 11th, Abraham Richard Emard sold 8,000 shares of Sunworks stock. The stock was sold at an average price of $1.79, for a total transaction of $14,320.00.
- On Thursday, July 13th, Abraham Richard Emard sold 44,741 shares of Sunworks stock. The stock was sold at an average price of $1.79, for a total transaction of $80,086.39.
Sunworks, Inc. (NASDAQ:SUNW) traded up 2.25% during mid-day trading on Monday, reaching $1.82. 81,252 shares of the company traded hands. The stock’s market capitalization is $40.84 million. Sunworks, Inc. has a 52-week low of $1.28 and a 52-week high of $3.36. The firm’s 50-day moving average is $1.81 and its 200 day moving average is $1.72.
Sunworks (NASDAQ:SUNW) last issued its quarterly earnings results on Thursday, May 11th. The semiconductor company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by $0.03. Sunworks had a negative net margin of 14.65% and a negative return on equity of 52.21%. The firm had revenue of $14.35 million for the quarter. During the same quarter in the previous year, the business earned ($0.02) earnings per share. On average, equities research analysts expect that Sunworks, Inc. will post ($0.03) earnings per share for the current year.
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An institutional investor recently raised its position in Sunworks stock. Sei Investments Co. boosted its stake in shares of Sunworks, Inc. (NASDAQ:SUNW) by 20.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 61,234 shares of the semiconductor company’s stock after buying an additional 10,408 shares during the period. Sei Investments Co. owned approximately 0.27% of Sunworks worth $107,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 5.53% of the company’s stock.
Several research analysts have commented on SUNW shares. Cowen and Company set a $3.00 price target on shares of Sunworks and gave the stock a “buy” rating in a report on Tuesday, July 11th. Zacks Investment Research upgraded shares of Sunworks from a “sell” rating to a “hold” rating in a report on Wednesday, May 17th. Finally, Roth Capital started coverage on shares of Sunworks in a report on Tuesday, June 27th. They issued a “neutral” rating and a $2.50 target price for the company. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Sunworks has an average rating of “Hold” and a consensus price target of $2.92.
Sunworks Company Profile
Sunworks, Inc, formerly Solar3D, Inc, provides photo voltaic (PV) based power systems for the residential, commercial and agricultural markets in California and Nevada. The Company, through its operating subsidiaries, designs, arranges financing, integrates, installs and manages systems ranging in size from 2 kilowatt (KW) for residential loads to multi megawatts (MW) systems for larger commercial projects.
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