Jeff Gutke Sells 3,462 Shares of AirJoule Technologies (NASDAQ:AIRJ) Stock

AirJoule Technologies Corporation (NASDAQ:AIRJ) insider Jeff Gutke sold 3,462 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $3.17, for a total transaction of $10,974.54. Following the completion of the sale, the insider directly owned 110,439 shares in the company, valued at approximately $350,091.63. This trade represents a 3.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

AirJoule Technologies Trading Up 0.9%

AIRJ opened at $3.29 on Thursday. AirJoule Technologies Corporation has a 12 month low of $2.61 and a 12 month high of $8.30. The company has a market cap of $199.64 million, a PE ratio of -21.93 and a beta of 0.45. The company has a 50 day moving average of $3.51 and a 200 day moving average of $4.14.

Hedge Funds Weigh In On AirJoule Technologies

A number of institutional investors have recently added to or reduced their stakes in AIRJ. Corient Private Wealth LLC boosted its position in shares of AirJoule Technologies by 8.3% during the 4th quarter. Corient Private Wealth LLC now owns 1,788,563 shares of the company’s stock valued at $7,047,000 after acquiring an additional 137,337 shares during the last quarter. Vanguard Group Inc. increased its position in shares of AirJoule Technologies by 6.8% in the third quarter. Vanguard Group Inc. now owns 1,162,542 shares of the company’s stock worth $5,452,000 after purchasing an additional 73,661 shares during the last quarter. Geode Capital Management LLC raised its stake in AirJoule Technologies by 5.0% in the fourth quarter. Geode Capital Management LLC now owns 584,590 shares of the company’s stock valued at $2,304,000 after purchasing an additional 27,648 shares in the last quarter. Vident Advisory LLC bought a new stake in AirJoule Technologies during the fourth quarter valued at approximately $1,849,000. Finally, State Street Corp lifted its position in AirJoule Technologies by 45.1% during the fourth quarter. State Street Corp now owns 416,263 shares of the company’s stock valued at $1,640,000 after purchasing an additional 129,418 shares during the last quarter. 63.65% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

AIRJ has been the subject of several recent research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of AirJoule Technologies in a research report on Monday, December 29th. LADENBURG THALM/SH SH started coverage on AirJoule Technologies in a research note on Tuesday, December 16th. They issued a “buy” rating and a $8.00 target price for the company. UBS Group set a $7.00 price target on AirJoule Technologies in a research report on Monday, December 22nd. Finally, Lucid Cap Mkts raised shares of AirJoule Technologies to a “strong-buy” rating in a report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, AirJoule Technologies currently has an average rating of “Moderate Buy” and an average price target of $9.00.

About AirJoule Technologies

Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.