Empery Asset Management LP Acquires Shares of 571,046 Aduro Clean Technologies Inc. $ADUR

Empery Asset Management LP acquired a new stake in Aduro Clean Technologies Inc. (NASDAQ:ADUR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 571,046 shares of the company’s stock, valued at approximately $5,916,000. Aduro Clean Technologies makes up about 5.2% of Empery Asset Management LP’s portfolio, making the stock its 6th largest position.

Several other large investors also recently bought and sold shares of ADUR. Raymond James Financial Inc. acquired a new position in Aduro Clean Technologies in the second quarter valued at $44,000. Perigon Wealth Management LLC purchased a new stake in shares of Aduro Clean Technologies in the fourth quarter valued at about $125,000. Boothbay Fund Management LLC purchased a new stake in shares of Aduro Clean Technologies in the third quarter valued at about $164,000. Geode Capital Management LLC purchased a new stake in shares of Aduro Clean Technologies in the second quarter valued at about $172,000. Finally, NewEdge Advisors LLC raised its holdings in shares of Aduro Clean Technologies by 21,000.0% in the second quarter. NewEdge Advisors LLC now owns 21,100 shares of the company’s stock valued at $189,000 after buying an additional 21,000 shares during the last quarter.

Aduro Clean Technologies Stock Performance

Shares of NASDAQ ADUR opened at $15.46 on Thursday. The firm has a market capitalization of $523.01 million, a P/E ratio of -35.14 and a beta of 3.15. Aduro Clean Technologies Inc. has a one year low of $8.01 and a one year high of $18.19. The company’s fifty day moving average is $13.13 and its two-hundred day moving average is $12.39.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on ADUR shares. LADENBURG THALM/SH SH raised shares of Aduro Clean Technologies to a “strong-buy” rating in a report on Wednesday, May 6th. Wall Street Zen raised shares of Aduro Clean Technologies from a “strong sell” rating to a “sell” rating in a report on Sunday, May 31st. Weiss Ratings reissued a “sell (d-)” rating on shares of Aduro Clean Technologies in a report on Monday, April 20th. Finally, D. Boral Capital reissued a “buy” rating and set a $46.00 price target on shares of Aduro Clean Technologies in a report on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $29.00.

About Aduro Clean Technologies

Aduro Clean Technologies, Inc is a development‐stage clean energy company that designs, develops and seeks to commercialize modular process systems for the production and purification of hydrogen. Listed on the Nasdaq under the ticker ADUR, the company focuses on low‐emission solutions to support the emerging hydrogen economy, including renewable fuel applications, energy storage and industrial gas supply. Aduro Clean Technologies aims to address the growing demand for high‐purity hydrogen across mobility, power generation and chemical processing sectors.

The company’s core technologies include its H2-Conductor platform, a membrane‐based system engineered to separate and purify hydrogen from mixed gas streams, and its H2-Integrate suite of modular reactors capable of producing hydrogen from various feedstocks.