AirJoule Technologies (NASDAQ:AIRJ) CEO Matthew Jore Purchases 7,692 Shares of Stock

AirJoule Technologies Corporation (NASDAQ:AIRJ) CEO Matthew Jore purchased 7,692 shares of AirJoule Technologies stock in a transaction that occurred on Thursday, January 15th. The shares were bought at an average price of $3.25 per share, with a total value of $24,999.00. Following the transaction, the chief executive officer owned 7,718,123 shares in the company, valued at approximately $25,083,899.75. The trade was a 0.10% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

AirJoule Technologies Price Performance

AIRJ stock traded up $0.11 during trading on Tuesday, hitting $3.48. The stock had a trading volume of 208,818 shares, compared to its average volume of 602,123. AirJoule Technologies Corporation has a twelve month low of $2.61 and a twelve month high of $9.31. The company’s 50-day moving average price is $3.66 and its two-hundred day moving average price is $4.43. The stock has a market capitalization of $210.86 million, a P/E ratio of -23.17 and a beta of 0.46.

AirJoule Technologies (NASDAQ:AIRJ) last announced its earnings results on Thursday, November 13th. The company reported ($0.07) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.03. As a group, sell-side analysts expect that AirJoule Technologies Corporation will post 4.97 EPS for the current fiscal year.

Analysts Set New Price Targets

AIRJ has been the subject of a number of recent research reports. UBS Group set a $7.00 target price on AirJoule Technologies in a research note on Monday, December 22nd. Lucid Cap Mkts raised AirJoule Technologies to a “strong-buy” rating in a research note on Monday, December 22nd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of AirJoule Technologies in a research note on Monday, December 29th. Finally, LADENBURG THALM/SH SH initiated coverage on AirJoule Technologies in a report on Tuesday, December 16th. They set a “buy” rating and a $8.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, AirJoule Technologies presently has an average rating of “Moderate Buy” and an average target price of $9.50.

Hedge Funds Weigh In On AirJoule Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC grew its position in AirJoule Technologies by 111.1% in the 2nd quarter. Geode Capital Management LLC now owns 517,203 shares of the company’s stock valued at $2,395,000 after acquiring an additional 272,253 shares in the last quarter. Argentarii LLC grew its holdings in shares of AirJoule Technologies by 405.2% in the fourth quarter. Argentarii LLC now owns 151,558 shares of the company’s stock valued at $597,000 after purchasing an additional 121,558 shares in the last quarter. Creative Planning acquired a new position in shares of AirJoule Technologies in the second quarter worth $441,000. Vanguard Group Inc. grew its stake in shares of AirJoule Technologies by 6.8% in the third quarter. Vanguard Group Inc. now owns 1,162,542 shares of the company’s stock worth $5,452,000 after acquiring an additional 73,661 shares in the last quarter. Finally, Wealthspire Advisors LLC purchased a new stake in shares of AirJoule Technologies during the second quarter worth $232,000. 63.65% of the stock is currently owned by hedge funds and other institutional investors.

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.