Aristides Capital LLC Takes Position in Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN)

Aristides Capital LLC bought a new position in Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 34,200 shares of the company’s stock, valued at approximately $258,000. Aristides Capital LLC owned 6.22% of Maxeon Solar Technologies as of its most recent filing with the SEC.

Separately, Verition Fund Management LLC purchased a new position in shares of Maxeon Solar Technologies in the third quarter valued at about $113,000. 47.67% of the stock is owned by institutional investors.

Maxeon Solar Technologies Trading Down 1.1 %

NASDAQ:MAXN opened at $2.80 on Monday. The stock has a 50-day moving average price of $4.37 and a 200 day moving average price of $84.88. The stock has a market capitalization of $1.54 million, a P/E ratio of -0.01 and a beta of 1.47. Maxeon Solar Technologies, Ltd. has a 12-month low of $2.49 and a 12-month high of $410.00.

Maxeon Solar Technologies Company Profile

Maxeon Solar Technologies, Ltd. designs, manufactures, markets, and sells solar panels and related solar system components worldwide. The company provides interdigitated back contact and shingled solar cells and panels under the SunPower brand. It offers its products to dealers, project developers, system integrators, distributors, resellers, and residential and small-scale commercial customers.