New insider activity at Shoals Technologies Group ( (SHLS) ) has taken place on March 7, 2025.
Recent transactions at Shoals Technologies Group have seen significant stock sales by top executives. President Jeffery Tolnar sold 5,800 shares, amounting to $17,806. CFO Dominic Bardos parted with 7,450 shares, totaling $23,020. Meanwhile, CEO Brandon Moss sold 21,700 shares, resulting in a transaction worth $66,619.
Recent Updates on SHLS stock
Shoals Technologies Group has seen recent adjustments in its stock price targets by several firms following its Q4 earnings call. Guggenheim reduced its price target due to updates in its financial model post-Q4 results. TD Cowen also lowered its target, citing a rebound in bookings and guidance that aligns with consensus, though back-end loaded. Piper Sandler adjusted its target downwards, noting that while Q4 results were constructive with higher revenues and in-line EBITDA, the company’s full-year guidance was slightly below expectations, and Q1 projections missed more significantly. Despite these challenges, Shoals remains optimistic about 2025, focusing on market expansion and new product introductions, although it faces ongoing litigation and revenue declines due to project delays in the utility-scale solar industry.
More about Shoals Technologies Group
YTD Price Performance: -48.43%
Average Trading Volume: 6,431,635
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $501M