5E Advanced Materials, Inc. (NASDAQ:FEAM) Short Interest Update

5E Advanced Materials, Inc. (NASDAQ:FEAM) saw a significant decline in short interest in February. As of February 27th, there was short interest totaling 227,715 shares, a decline of 14.6% from the February 12th total of 266,635 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average trading volume of 291,033 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 291,033 shares, the short-interest ratio is currently 0.8 days. Approximately 1.0% of the company’s stock are sold short.

Insider Activity at 5E Advanced Materials

In other 5E Advanced Materials news, Director Bep Special Situations Iv Llc bought 4,000,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were bought at an average price of $2.00 per share, for a total transaction of $8,000,000.00. Following the acquisition, the director directly owned 12,130,997 shares of the company’s stock, valued at approximately $24,261,994. The trade was a 49.19% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.21% of the stock is currently owned by insiders.

Hedge Funds Weigh In On 5E Advanced Materials

Several institutional investors have recently modified their holdings of FEAM. State Street Corp bought a new stake in 5E Advanced Materials during the fourth quarter worth $37,000. Summit Financial Strategies Inc. bought a new position in 5E Advanced Materials in the 4th quarter valued at $37,000. Woodward Diversified Capital LLC bought a new position in 5E Advanced Materials in the 3rd quarter valued at $49,000. Goldman Sachs Group Inc. purchased a new stake in shares of 5E Advanced Materials during the 4th quarter valued at $69,000. Finally, LeClair Wealth Partners LLC increased its position in shares of 5E Advanced Materials by 20.0% during the 4th quarter. LeClair Wealth Partners LLC now owns 30,000 shares of the company’s stock valued at $92,000 after purchasing an additional 4,990 shares during the last quarter.

Analysts Set New Price Targets

A number of brokerages have commented on FEAM. Weiss Ratings reissued a “sell (e+)” rating on shares of 5E Advanced Materials in a report on Wednesday, January 21st. HC Wainwright dropped their target price on 5E Advanced Materials from $9.25 to $5.75 and set a “buy” rating on the stock in a report on Monday, March 9th. Finally, Wall Street Zen cut 5E Advanced Materials from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $6.38.

5E Advanced Materials Trading Down 1.6%

Shares of FEAM traded down $0.03 during trading hours on Tuesday, reaching $1.79. 104,213 shares of the stock traded hands, compared to its average volume of 343,596. The stock has a fifty day simple moving average of $2.55 and a 200 day simple moving average of $3.61. 5E Advanced Materials has a 52 week low of $1.60 and a 52 week high of $7.50. The company has a market cap of $42.08 million, a price-to-earnings ratio of -0.67 and a beta of 1.60.

5E Advanced Materials (NASDAQ:FEAM) last issued its quarterly earnings data on Tuesday, February 17th. The company reported ($0.48) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.55) by $0.07. Analysts predict that 5E Advanced Materials will post -9.22 earnings per share for the current fiscal year.

About 5E Advanced Materials

5E Advanced Materials, Inc develops and manufactures high-performance anode materials for lithium-ion batteries, specializing in silicon-carbon composite solutions. The company’s proprietary processes yield anode materials that deliver enhanced energy density, extended cycle life and faster charge rates compared to conventional graphite anodes. These advanced materials are targeted at electric vehicle manufacturers, consumer electronics producers and grid-scale energy storage providers seeking to improve battery performance and sustainability.

The firm operates a pilot production facility in Harrodsburg, Kentucky, where it carries out research, development and small-scale manufacturing to validate its processes and assess commercial viability.