Stardust Power Inc. (NASDAQ:SDST - Get Free Report) CFO Udaychandra Devasper sold 36,050 shares of the company's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $0.59, for a total transaction of $21,269.50. Following the transaction, the chief financial officer now owns 342,147 shares in the company, valued at $201,866.73. This represents a 9.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Udaychandra Devasper also recently made the following trade(s):
- On Tuesday, March 11th, Udaychandra Devasper sold 35,000 shares of Stardust Power stock. The shares were sold at an average price of $0.60, for a total transaction of $21,000.00.
- On Thursday, March 6th, Udaychandra Devasper sold 38,943 shares of Stardust Power stock. The stock was sold at an average price of $0.68, for a total transaction of $26,481.24.
- On Thursday, March 6th, Udaychandra Devasper sold 38,943 shares of Stardust Power stock. The stock was sold at an average price of $0.68, for a total transaction of $26,481.24.
Stardust Power Stock Down 0.3 %
Shares of SDST stock opened at $0.61 on Wednesday. Stardust Power Inc. has a 52-week low of $0.53 and a 52-week high of $28.38. The company has a 50-day simple moving average of $1.19 and a two-hundred day simple moving average of $5.19.
Institutional Investors Weigh In On Stardust Power
An institutional investor recently bought a new position in Stardust Power stock. Geode Capital Management LLC acquired a new position in Stardust Power Inc. (NASDAQ:SDST - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 108,459 shares of the company's stock, valued at approximately $883,000. Geode Capital Management LLC owned approximately 0.23% of Stardust Power as of its most recent filing with the Securities and Exchange Commission. 32.79% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on the stock. Alliance Global Partners assumed coverage on shares of Stardust Power in a report on Thursday, February 6th. They issued a "buy" rating and a $5.00 target price on the stock. Roth Capital upgraded shares of Stardust Power to a "strong-buy" rating in a report on Wednesday, November 20th. Maxim Group assumed coverage on shares of Stardust Power in a report on Thursday, February 27th. They issued a "buy" rating and a $1.75 target price on the stock. Finally, Roth Mkm restated a "buy" rating and issued a $13.00 target price on shares of Stardust Power in a report on Wednesday, December 18th. Three research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $7.94.
View Our Latest Stock Report on Stardust Power
About Stardust Power
(
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Stardust Power Inc is a vertically-integrated lithium refinery that engages in producing battery-grade lithium. The company was founded in 2022 and is based in Greenwich, Connecticut.
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