Timothy Ray Knowles Sells 361,338 Shares of KULR Technology Group, Inc. (NYSEAMERICAN:KULR) Stock

KULR Technology Group, Inc. (NYSEAMERICAN:KULR) major shareholder Timothy Ray Knowles sold 361,338 shares of the business’s stock in a transaction on Monday, March 25th. The shares were sold at an average price of 0.29, for a total transaction of 104,788.02. Following the transaction, the insider now owns 14,268,027 shares of the company’s stock, valued at 4,137,727.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Timothy Ray Knowles also recently made the following trade(s):

• On Friday, March 22nd, Timothy Ray Knowles sold 460,037 shares of KULR Technology Group stock. The shares were sold at an average price of 0.22, for a total transaction of 101,208.14.

KULR Technology Group Stock Down 3.7 %

KULR traded down 0.02 on Thursday, reaching 0.39. The stock had a trading volume of 7,710,207 shares, compared to its average volume of 7,053,701. KULR Technology Group, Inc. has a 12-month low of 0.10 and a 12-month high of 1.10.

Analyst Ratings Changes

Separately, Benchmark assumed coverage on shares of KULR Technology Group in a report on Thursday, November 30th. They issued a “speculative buy” rating and a $1.00 price objective for the company.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in KULR Technology Group by 3.1% in the third quarter. Vanguard Group Inc. now owns 3,205,026 shares of the company’s stock valued at $1,150,000 after buying an additional 97,487 shares in the last quarter. Geode Capital Management LLC increased its holdings in KULR Technology Group by 4.2% in the first quarter. Geode Capital Management LLC now owns 631,700 shares of the company’s stock valued at $554,000 after buying an additional 25,642 shares in the last quarter. Virtu Financial LLC increased its stake in shares of KULR Technology Group by 78.2% during the fourth quarter. Virtu Financial LLC now owns 20,917 shares of the company’s stock worth $25,000 after purchasing an additional 9,181 shares in the last quarter. Morgan Stanley increased its stake in shares of KULR Technology Group by 12.0% during the fourth quarter. Morgan Stanley now owns 154,506 shares of the company’s stock worth $185,000 after purchasing an additional 16,504 shares in the last quarter. Finally, Man Group plc purchased a new stake in shares of KULR Technology Group during the fourth quarter worth about $107,000. Hedge funds and other institutional investors own 21.23% of the company’s stock.

KULR Technology Group Company Profile

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for batteries, electronics, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; fiber thermal interface materials; phase change material heatsinks; internal short circuit device; KULR battery cell screening and testing automation system and tech safe case; cellcheck; and CRUX cathodes.