Hollow Brook Wealth Management LLC Makes New Investment in Complete Solaria, Inc. (NASDAQ:CSLR)

Hollow Brook Wealth Management LLC bought a new position in Complete Solaria, Inc. (NASDAQ:CSLR) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 38,422 shares of the company’s stock, valued at approximately $62,000. Hollow Brook Wealth Management LLC owned 0.09% of Complete Solaria as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of CSLR. Carlyle Group Inc. increased its position in shares of Complete Solaria by 10.0% during the fourth quarter. Carlyle Group Inc. now owns 2,745,879 shares of the company’s stock worth $4,256,000 after acquiring an additional 250,000 shares in the last quarter. Meteora Capital LLC bought a new position in shares of Complete Solaria in the 3rd quarter valued at about $3,274,000. Finally, K2 Principal Fund L.P. bought a new position in shares of Complete Solaria in the 3rd quarter valued at about $41,000. 30.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Cantor Fitzgerald began coverage on shares of Complete Solaria in a research note on Monday, January 8th. They issued an “overweight” rating and a $6.00 price target on the stock.

Complete Solaria Stock Performance

CSLR traded down $0.11 during trading on Tuesday, hitting $0.62. The stock had a trading volume of 2,914,296 shares, compared to its average volume of 809,370. The company has a 50 day moving average price of $0.68 and a 200-day moving average price of $1.09. Complete Solaria, Inc. has a one year low of $0.20 and a one year high of $16.00.

Complete Solaria Company Profile

Complete Solaria, Inc provides custom solar solutions in the United States. The company offers solar systems to homeowners and small to medium-sized commercial customers. It also provides HelioQuoteTM software system, a platform for residential solar designs, proposals, and engineering services. In addition, the company installs solar systems, as well as provides financing solutions.