AirJoule Technologies (NASDAQ:AIRJ) Insider Jeff Gutke Sells 3,462 Shares of Stock

AirJoule Technologies Corporation (NASDAQ:AIRJ) insider Jeff Gutke sold 3,462 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $3.17, for a total value of $10,974.54. Following the sale, the insider owned 110,439 shares of the company’s stock, valued at approximately $350,091.63. The trade was a 3.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

AirJoule Technologies Stock Performance

Shares of AIRJ stock opened at $3.26 on Wednesday. The company has a market cap of $197.82 million, a P/E ratio of -21.73 and a beta of 0.45. AirJoule Technologies Corporation has a fifty-two week low of $2.61 and a fifty-two week high of $8.30. The stock has a 50 day simple moving average of $3.52 and a two-hundred day simple moving average of $4.15.

Hedge Funds Weigh In On AirJoule Technologies

Large investors have recently bought and sold shares of the stock. Bank of America Corp DE grew its stake in shares of AirJoule Technologies by 8,851.2% in the 4th quarter. Bank of America Corp DE now owns 11,189 shares of the company’s stock worth $89,000 after acquiring an additional 11,064 shares in the last quarter. Goldman Sachs Group Inc. grew its position in AirJoule Technologies by 46.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 85,150 shares of the company’s stock worth $393,000 after purchasing an additional 26,995 shares in the last quarter. Jane Street Group LLC lifted its position in shares of AirJoule Technologies by 103.2% during the 1st quarter. Jane Street Group LLC now owns 29,956 shares of the company’s stock worth $138,000 after buying an additional 15,212 shares in the last quarter. Nisa Investment Advisors LLC bought a new position in shares of AirJoule Technologies during the 2nd quarter worth approximately $29,000. Finally, Corton Capital Inc. purchased a new position in shares of AirJoule Technologies in the 2nd quarter worth approximately $48,000. 63.65% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of AirJoule Technologies in a research report on Monday, December 29th. LADENBURG THALM/SH SH started coverage on AirJoule Technologies in a report on Tuesday, December 16th. They set a “buy” rating and a $8.00 price objective for the company. UBS Group set a $7.00 target price on AirJoule Technologies in a report on Monday, December 22nd. Finally, Lucid Cap Mkts raised shares of AirJoule Technologies to a “strong-buy” rating in a research report on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, AirJoule Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $9.00.

AirJoule Technologies Company Profile

Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.