Sunworks, Inc. (NASDAQ:SUNW) CEO Charles F. Cargile bought 20,000 shares of the stock in a transaction dated Monday, November 27th. The shares were bought at an average cost of $1.01 per share, with a total value of $20,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Sunworks, Inc. (NASDAQ:SUNW) traded up $0.01 during mid-day trading on Wednesday, hitting $1.00. The company had a trading volume of 205,500 shares, compared to its average volume of 136,776. The company has a quick ratio of 1.17, a current ratio of 1.35 and a debt-to-equity ratio of 0.08. Sunworks, Inc. has a 12-month low of $0.96 and a 12-month high of $2.35.

Sunworks (NASDAQ:SUNW) last released its quarterly earnings data on Tuesday, November 14th. The semiconductor company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.10). The firm had revenue of $18.80 million during the quarter, compared to the consensus estimate of $26.10 million. Sunworks had a negative net margin of 9.73% and a negative return on equity of 37.92%. During the same quarter in the previous year, the firm earned ($0.29) earnings per share. sell-side analysts anticipate that Sunworks, Inc. will post -0.18 EPS for the current fiscal year.

SUNW has been the subject of a number of recent analyst reports. Cowen set a $3.00 target price on shares of Sunworks and gave the company a “buy” rating in a research note on Friday, August 11th. Chardan Capital raised shares of Sunworks from a “neutral” rating to a “buy” rating and set a $2.50 target price for the company in a research note on Monday, October 2nd. Zacks Investment Research raised shares of Sunworks from a “sell” rating to a “hold” rating in a research note on Tuesday, October 17th. Finally, ValuEngine raised shares of Sunworks from a “strong sell” rating to a “sell” rating in a research note on Wednesday, September 13th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $2.67.

An institutional investor recently raised its position in Sunworks stock. Boothbay Fund Management LLC boosted its position in Sunworks, Inc. (NASDAQ:SUNW) by 58.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 135,137 shares of the semiconductor company’s stock after purchasing an additional 49,983 shares during the quarter. Boothbay Fund Management LLC owned approximately 0.60% of Sunworks worth $212,000 at the end of the most recent reporting period. 6.98% of the stock is currently owned by institutional investors.

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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.

Insider Buying and Selling by Quarter for Sunworks (NASDAQ:SUNW)

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