SES AI Co. (NYSE:SES – Free Report) – Equities researchers at William Blair cut their Q1 2025 earnings per share (EPS) estimates for SES AI in a research note issued to investors on Wednesday, February 26th. William Blair analyst J. Dorsheimer now forecasts that the company will earn ($0.06) per share for the quarter, down from their previous forecast of ($0.05). The consensus estimate for SES AI’s current full-year earnings is ($0.23) per share. William Blair also issued estimates for SES AI’s FY2025 earnings at ($0.21) EPS and FY2026 earnings at ($0.19) EPS.
SES AI (NYSE:SES – Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.04). The firm had revenue of $2.04 million for the quarter.
SES AI Trading Down 14.8 %
Insider Activity at SES AI
In related news, CFO Jing Nealis sold 150,000 shares of the business’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $1.02, for a total transaction of $153,000.00. Following the transaction, the chief financial officer now owns 1,935,322 shares in the company, valued at $1,974,028.44. The trade was a 7.19 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kyle Pilkington sold 44,051 shares of the firm’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $1.17, for a total transaction of $51,539.67. Following the completion of the sale, the insider now owns 496,580 shares of the company’s stock, valued at $580,998.60. The trade was a 8.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 547,471 shares of company stock worth $610,541 in the last 90 days. Corporate insiders own 15.07% of the company’s stock.
Institutional Trading of SES AI
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SES. CIBC Asset Management Inc acquired a new stake in SES AI in the fourth quarter valued at approximately $25,000. Brevan Howard Capital Management LP acquired a new stake in SES AI in the 4th quarter valued at $25,000. Optas LLC bought a new stake in SES AI during the 4th quarter valued at $27,000. Cibc World Markets Corp acquired a new position in SES AI during the fourth quarter worth $27,000. Finally, XTX Topco Ltd bought a new position in shares of SES AI in the third quarter valued at $28,000. 29.78% of the stock is owned by institutional investors.
About SES AI
SES AI Corporation engages in the development and production of high-performance Lithium-metal rechargeable batteries for electric vehicles, electric vehicle take-off and landing, and other applications. The company was founded in 2012 and is headquartered in Woburn, Massachusetts.
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