Sunworks, Inc. (NASDAQ:SUNW) COO Abraham Richard Emard sold 8,000 shares of the stock in a transaction on Tuesday, July 11th. The shares were sold at an average price of $1.79, for a total value of $14,320.00. Following the sale, the chief operating officer now directly owns 684,046 shares in the company, valued at approximately $1,224,442.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Abraham Richard Emard also recently made the following trade(s):

  • On Wednesday, July 19th, Abraham Richard Emard sold 26,700 shares of Sunworks stock. The shares were sold at an average price of $1.91, for a total value of $50,997.00.
  • On Tuesday, July 18th, Abraham Richard Emard sold 1,560 shares of Sunworks stock. The shares were sold at an average price of $1.92, for a total value of $2,995.20.
  • On Thursday, July 20th, Abraham Richard Emard sold 54,844 shares of Sunworks stock. The shares were sold at an average price of $1.96, for a total value of $107,494.24.
  • On Friday, July 14th, Abraham Richard Emard sold 15,000 shares of Sunworks stock. The shares were sold at an average price of $1.85, for a total value of $27,750.00.
  • On Monday, July 17th, Abraham Richard Emard sold 25,394 shares of Sunworks stock. The shares were sold at an average price of $1.86, for a total value of $47,232.84.
  • On Wednesday, July 12th, Abraham Richard Emard sold 34,500 shares of Sunworks stock. The shares were sold at an average price of $1.79, for a total value of $61,755.00.
  • On Thursday, July 13th, Abraham Richard Emard sold 44,741 shares of Sunworks stock. The shares were sold at an average price of $1.79, for a total value of $80,086.39.

Sunworks, Inc. (NASDAQ SUNW) traded down 2.91% during mid-day trading on Monday, hitting $2.00. The company had a trading volume of 87,077 shares. The company’s 50 day moving average price is $1.74 and its 200-day moving average price is $1.73. Sunworks, Inc. has a one year low of $1.28 and a one year high of $3.36. The company’s market cap is $44.88 million.

Sunworks (NASDAQ:SUNW) last issued its earnings results on Thursday, May 11th. The semiconductor company reported ($0.14) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.11) by $0.03. The company had revenue of $14.35 million during the quarter. Sunworks had a negative return on equity of 52.21% and a negative net margin of 14.65%. During the same quarter last year, the firm earned ($0.02) EPS. Equities research analysts anticipate that Sunworks, Inc. will post ($0.03) EPS for the current fiscal year.

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SUNW has been the topic of a number of analyst reports. Zacks Investment Research raised Sunworks from a “sell” rating to a “hold” rating in a research note on Wednesday, May 17th. Roth Capital initiated coverage on Sunworks in a research note on Tuesday, June 27th. They set a “neutral” rating and a $2.50 price objective on the stock. Finally, Cowen and Company decreased their price objective on Sunworks from $4.00 to $3.00 and set an “outperform” rating on the stock in a research note on Thursday, March 30th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $3.44.

A hedge fund recently bought a new stake in Sunworks stock. Credit Agricole S A bought a new position in Sunworks, Inc. (NASDAQ:SUNW) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 396,646 shares of the semiconductor company’s stock, valued at approximately $793,000. Credit Agricole S A owned 1.90% of Sunworks as of its most recent filing with the SEC. Institutional investors own 5.48% of the company’s stock.

About Sunworks

Sunworks, Inc, formerly Solar3D, Inc, provides photo voltaic (PV) based power systems for the residential, commercial and agricultural markets in California and Nevada. The Company, through its operating subsidiaries, designs, arranges financing, integrates, installs and manages systems ranging in size from 2 kilowatt (KW) for residential loads to multi megawatts (MW) systems for larger commercial projects.

Insider Buying and Selling by Quarter for Sunworks (NASDAQ:SUNW)

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