SES AI Co. (NYSE:SES) Insider Sells $51,539.67 in Stock

SES AI Co. (NYSE:SES) insider Kyle Pilkington sold 44,051 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $1.17, for a total transaction of $51,539.67. Following the completion of the transaction, the insider now owns 496,580 shares in the company, valued at approximately $580,998.60. This trade represents a 8.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

SES AI Stock Performance

Shares of SES opened at $1.05 on Friday. SES AI Co. has a 52 week low of $0.20 and a 52 week high of $2.53. The firm has a market cap of $376.81 million, a P/E ratio of -4.54 and a beta of 0.28. The firm’s 50-day simple moving average is $1.10 and its 200 day simple moving average is $0.85.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in SES AI by 8.4% in the 4th quarter. Vanguard Group Inc. now owns 7,847,316 shares of the company’s stock valued at $17,186,000 after buying an additional 608,676 shares during the last quarter. Geode Capital Management LLC grew its stake in SES AI by 5.4% in the 4th quarter. Geode Capital Management LLC now owns 3,260,213 shares of the company’s stock valued at $7,141,000 after buying an additional 165,589 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of SES AI by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,162,112 shares of the company’s stock worth $744,000 after purchasing an additional 46,778 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of SES AI by 202.8% during the 4th quarter. Renaissance Technologies LLC now owns 665,300 shares of the company’s stock worth $1,457,000 after purchasing an additional 445,600 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of SES AI by 151.8% during the 4th quarter. JPMorgan Chase & Co. now owns 460,665 shares of the company’s stock worth $1,009,000 after purchasing an additional 277,688 shares in the last quarter. Institutional investors and hedge funds own 29.78% of the company’s stock.

SES AI Company Profile

SES AI Corporation engages in the development and production of high-performance Lithium-metal rechargeable batteries for electric vehicles, electric vehicle take-off and landing, and other applications. The company was founded in 2012 and is headquartered in Woburn, Massachusetts.