Carlyle Group Inc. Invests $1.61 Million in CSLM Acquisition Corp. $SPWR

Carlyle Group Inc. purchased a new stake in CSLM Acquisition Corp. (NASDAQ:SPWR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,343,750 shares of the company’s stock, valued at approximately $1,611,000. CSLM Acquisition accounts for about 0.0% of Carlyle Group Inc.’s investment portfolio, making the stock its 8th largest holding. Carlyle Group Inc. owned approximately 1.09% of CSLM Acquisition at the end of the most recent quarter.

Separately, Yorkville Advisors Global LP bought a new stake in CSLM Acquisition during the 2nd quarter valued at $378,537,000. 47.36% of the stock is currently owned by institutional investors.

CSLM Acquisition Trading Down 1.3%

Shares of NASDAQ:SPWR opened at $0.22 on Tuesday. The company has a 50 day moving average of $0.54 and a 200 day moving average of $1.00. The stock has a market cap of $46.95 million, a P/E ratio of -0.46 and a beta of 0.71. CSLM Acquisition Corp. has a 12 month low of $0.21 and a 12 month high of $2.27.

Analyst Upgrades and Downgrades

SPWR has been the topic of several recent research reports. Weiss Ratings restated a “sell (e+)” rating on shares of CSLM Acquisition in a research report on Friday, July 24th. Wall Street Zen upgraded CSLM Acquisition from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $5.40.

CSLM Acquisition Profile

Complete Solaria, Inc engages in the provision of solar services. It offers sales enablement, project management, partner coordination, and customer communication. The company is headquartered in San Ramon, CA and does business as SunPower Corporation.