Heliogen, Inc. (NYSE: HLGN) Major Shareholder Neotribe Partners I, Llc Sells 193,171 Shares


Heliogen, Inc. (NYSE: HLGNGet a rating) major shareholder Neotribe Partners I, Llc sold 193,171 shares in a transaction dated Friday, August 5. The stock was sold at an average price of $2.52, for a total value of $486,790.92. Following the completion of the sale, the insider now directly owns 846,456 shares of the company, valued at $2,133,069.12. The sale was disclosed in an SEC filing, available at this link. Major shareholders who own at least 10% of a company’s stock are required to disclose their sales and purchases to the SEC.

Neotribe Partners I, Llc also recently made the following trade(s):

  • On Wednesday, August 3, Neotribe Partners I, Llc sold 159,694 Heliogen shares. The stock was sold at an average price of $2.62, for a total value of $418,398.28.
  • On Monday, August 1, Neotribe Partners I, Llc sold 57,839 Heliogen shares. The stock was sold at an average price of $2.35, for a total value of $135,921.65.
  • On Friday, July 29, Neotribe Partners I, Llc sold 288,403 Heliogen shares. The stock was sold at an average price of $2.46, for a total value of $709,471.38.
  • On Wednesday, July 27, Neotribe Partners I, Llc sold 73,130 Heliogen shares. The stock was sold at an average price of $2.07, for a total value of $151,379.10.
  • On Wednesday, July 20, Neotribe Partners I, Llc sold 81,273 Heliogen shares. The stock was sold at an average price of $2.07, for a total value of $168,235.11.
  • On Monday, July 18, Neotribe Partners I, Llc sold 23,957 Heliogen shares. The stock was sold at an average price of $2.01, for a total value of $48,153.57.
  • On Wednesday, July 13, Neotribe Partners I, Llc sold 13,545 Heliogen shares. The shares were sold at an average price of $2.02, for a total value of $27,360.90.
  • On Monday, July 11, Neotribe Partners I, Llc sold 78,164 Heliogen shares. The shares were sold at an average price of $2.13, for a total value of $166,489.32.
  • On Friday, July 8, Neotribe Partners I, Llc sold 146,046 Heliogen shares. The shares were sold at an average price of $2.27, for a total value of $331,524.42.
  • On Wednesday, July 6, Neotribe Partners I, Llc sold 125,251 Heliogen shares. The shares were sold at an average price of $2.09, for a total value of $261,774.59.

Heliogen Price Performance

Shares of NYSE HLGN opened at $2.70 on Tuesday. The company’s 50-day simple moving average is $2.67 and its 200-day simple moving average is $3.80. Heliogen, Inc. has a 52-week low of $1.75 and a 52-week high of $16.35.

Heliogen (NYSE: HLGNGet a rating) last released its quarterly earnings data on Monday, May 23. The company reported ($0.32) EPS for the quarter. The company had revenue of $3.54 million in the quarter.

Heliogen Institutional Trading

Hedge funds and other institutional investors have recently increased or reduced their stakes in the company. Wolverine Asset Management LLC increased its stake in Heliogen by 264.9% in Q1. Wolverine Asset Management LLC now owns 5,474 shares of the company valued at $28,000 after purchasing an additional 3,974 shares in the last quarter. JPMorgan Chase & Co. purchased a new equity stake in Heliogen in Q1 worth approximately $34,000. UBS Group AG increased its position in Heliogen shares by 1,178.0% in the 1st quarter. UBS Group AG now owns 7,080 shares of the company worth $37,000 after acquiring an additional 6,526 shares during the period. Captrust Financial Advisors bought a new equity stake in Heliogen in Q1 worth approximately $38,000. Finally, Arizona State Retirement System purchased a new equity stake in Heliogen in Q2 for approximately $42,000. Institutional investors and hedge funds own 56.39% of the company’s shares.

About Heliogene

(Get a rating)

Heliogen, Inc, a renewable energy technology company, is developing an AI-enabled concentrated solar power plant. It offers HelioHeat for the production of heat for use in industrial processes; HelioPower, a solution for the production of electricity; and HelioFuel, a solution for the production of hydrogen fuel. The company was previously known as Edison Microgrids, Inc and changed its name to Heliogen, Inc in November 2019.

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Insider buying and selling by quarter for Heliogen (NYSE:HLGN)



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