Brighton Jones LLC Invests $315,000 in Connectm Technology Solutions Inc. (NASDAQ:CNTM)

Brighton Jones LLC bought a new stake in Connectm Technology Solutions Inc. (NASDAQ:CNTMFree Report) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 273,842 shares of the company’s stock, valued at approximately $315,000. Brighton Jones LLC owned about 0.12% of Connectm Technology Solutions at the end of the most recent reporting period.

Insider Buying and Selling at Connectm Technology Solutions

In related news, insider Mahesh Choudhury bought 42,400 shares of the stock in a transaction dated Thursday, September 5th. The shares were purchased at an average price of $0.95 per share, for a total transaction of $40,280.00. Following the completion of the purchase, the insider now directly owns 148,138 shares of the company’s stock, valued at $140,731.10. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders purchased 128,072 shares of company stock worth $159,820,735. Insiders own 17.50% of the company’s stock.

Connectm Technology Solutions Stock Performance

Shares of NASDAQ:CNTM opened at $1.03 on Friday. Connectm Technology Solutions Inc. has a twelve month low of $0.67 and a twelve month high of $12.47. The stock has a 50 day simple moving average of $1.05.

Connectm Technology Solutions (NASDAQ:CNTMGet Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported $0.15 EPS for the quarter.

Connectm Technology Solutions Profile

(Free Report)

ConnectM Technology Solutions, Inc, a technology company, focuses on advancing the electrification economy by integrating electrified energy assets with its AI-driven technology solutions platform. It provides residential and light commercial buildings, and all-electric original equipment manufacturers with a platform to accelerate the transition to solar and all-electric heating, cooling, and transportation.

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