Aristides Capital LLC Invests $258,000 in Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN)

Aristides Capital LLC purchased a new stake in Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 34,200 shares of the company’s stock, valued at approximately $258,000. Aristides Capital LLC owned about 0.06% of Maxeon Solar Technologies at the end of the most recent quarter.

Separately, XTX Topco Ltd raised its position in Maxeon Solar Technologies by 343.8% during the third quarter. XTX Topco Ltd now owns 674,890 shares of the company’s stock valued at $65,000 after purchasing an additional 522,830 shares during the period. Hedge funds and other institutional investors own 47.67% of the company’s stock.

Maxeon Solar Technologies Stock Performance

Shares of Maxeon Solar Technologies stock 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. Maxeon Solar Technologies, Ltd. has a one year low of $2.49 and a one year high of $410.00. The stock has a market cap of $1.54 million, a price-to-earnings ratio of -0.01 and a beta of 1.47.

Maxeon Solar Technologies 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.