Linden Advisors LP Buys New Position in Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN)

Linden Advisors LP purchased a new position in Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) during the fourth quarter, Holdings Channel reports. The fund purchased 22,775 shares of the company’s stock, valued at approximately $172,000.

A number of other institutional investors have also recently made changes to their positions in MAXN. Aristides Capital LLC bought a new position in Maxeon Solar Technologies in the fourth quarter valued at $258,000. 683 Capital Management LLC purchased a new position in shares of Maxeon Solar Technologies in the 4th quarter worth about $610,000. Finally, Cresset Asset Management LLC bought a new position in shares of Maxeon Solar Technologies during the 4th quarter valued at about $154,000. Institutional investors own 47.67% of the company’s stock.

Maxeon Solar Technologies Price Performance

NASDAQ:MAXN opened at $3.14 on Monday. The company has a market capitalization of $1.72 million, a price-to-earnings ratio of -0.01 and a beta of 1.43. The business has a 50 day moving average of $3.15 and a 200 day moving average of $5.74. Maxeon Solar Technologies, Ltd. has a 1-year low of $2.49 and a 1-year high of $410.00.

Maxeon Solar Technologies Company Profile

Maxeon Solar Technologies, Ltd. designs, manufactures, markets, and sells solar panels and related solar system components worldwide. The company provides interdigitated back contact and shingled solar cells and panels under the SunPower brand. It offers its products to dealers, project developers, system integrators, distributors, resellers, and residential and small-scale commercial customers.