Capstone Turbine Corp. (NASDAQ:CPST) Director Deursen Holly Van acquired 21,906 shares of the stock in a transaction on Friday, November 18th. The stock was bought at an average cost of $0.93 per share, for a total transaction of $20,372.58. Following the transaction, the director now owns 93,835 shares of the company’s stock, valued at approximately $87,266.55. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

Capstone Turbine Corp. (NASDAQ:CPST) traded down 1.6286% during mid-day trading on Monday, hitting $0.9181. 119,129 shares of the stock traded hands. The stock’s market cap is $32.76 million. Capstone Turbine Corp. has a 1-year low of $0.75 and a 1-year high of $2.70. The company’s 50 day moving average price is $1.09 and its 200-day moving average price is $1.38.

Capstone Turbine Corp. (NASDAQ:CPST) last announced its quarterly earnings data on Wednesday, November 9th. The company reported ($0.19) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.18) by $0.01. Capstone Turbine Corp. had a negative net margin of 29.19% and a negative return on equity of 79.04%. The firm had revenue of $15 million for the quarter, compared to analysts’ expectations of $15.90 million. During the same period last year, the company posted ($0.02) earnings per share. The business’s revenue for the quarter was down 16.2% compared to the same quarter last year. Analysts predict that Capstone Turbine Corp. will post ($0.59) earnings per share for the current year.

Several analysts have recently issued reports on CPST shares. Roth Capital set a $1.40 price target on shares of Capstone Turbine Corp. and gave the company a “hold” rating in a research report on Saturday, August 6th. Zacks Investment Research raised shares of Capstone Turbine Corp. from a “hold” rating to a “buy” rating and set a $1.25 price target on the stock in a research report on Wednesday, October 19th.

Hedge funds have recently made changes to their positions in the stock. Wedbush Securities Inc. increased its stake in shares of Capstone Turbine Corp. by 14.3% in the second quarter. Wedbush Securities Inc. now owns 94,138 shares of the company’s stock worth $130,000 after buying an additional 11,800 shares during the last quarter. Sabby Management LLC bought a new stake in shares of Capstone Turbine Corp. during the second quarter worth about $1,845,000. Ardsley Advisory Partners bought a new stake in shares of Capstone Turbine Corp. during the third quarter worth about $192,000. Springhouse Capital Management LP bought a new stake in shares of Capstone Turbine Corp. during the third quarter worth about $460,000. Finally, BlackRock Institutional Trust Company N.A. increased its stake in shares of Capstone Turbine Corp. by 5.5% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 374,348 shares of the company’s stock worth $513,000 after buying an additional 19,546 shares during the last quarter. 12.15% of the stock is currently owned by institutional investors.

Capstone Turbine Corp. Company Profile

Capstone Turbine Corporation (Capstone) develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power), integrated combined heat and power (ICHP), and combined cooling, heat and power (CCHP), renewable energy, natural resources and critical power supply.

5 Day Chart for NASDAQ:CPST

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