Cook Pia Johanna Heidenmark Sells 48,000 Shares of Origin Materials, Inc. (NASDAQ:ORGN) Stock

Origin Materials, Inc. (NASDAQ:ORGNGet Rating) Director Cook Pia Johanna Heidenmark sold 48,000 shares of Origin Materials stock in a transaction that occurred on Tuesday, September 13th. The stock was sold at an average price of $6.08, for a total transaction of $291,840.00. Following the completion of the transaction, the director now directly owns 108,456 shares in the company, valued at approximately $659,412.48. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Origin Materials Stock Down 5.1 %

NASDAQ:ORGN opened at $5.56 on Friday. The company has a market cap of $790.89 million, a PE ratio of 8.97 and a beta of 0.85. Origin Materials, Inc. has a twelve month low of $4.65 and a twelve month high of $8.05. The company has a current ratio of 43.25, a quick ratio of 43.25 and a debt-to-equity ratio of 0.02. The company’s 50 day moving average is $6.08 and its two-hundred day moving average is $6.22.

Origin Materials (NASDAQ:ORGNGet Rating) last released its earnings results on Wednesday, August 3rd. The financial services provider reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.02. Analysts anticipate that Origin Materials, Inc. will post -0.22 EPS for the current year.

Institutional Trading of Origin Materials

Several large investors have recently bought and sold shares of ORGN. Quantbot Technologies LP acquired a new stake in Origin Materials during the 1st quarter valued at approximately $44,000. Price T Rowe Associates Inc. MD acquired a new stake in Origin Materials during the 2nd quarter valued at approximately $52,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Origin Materials during the 2nd quarter valued at approximately $56,000. ProShare Advisors LLC acquired a new stake in Origin Materials during the 2nd quarter valued at approximately $62,000. Finally, Principal Financial Group Inc. acquired a new stake in Origin Materials during the 2nd quarter valued at approximately $63,000. Hedge funds and other institutional investors own 29.57% of the company’s stock.

Origin Materials Company Profile

(Get Rating)

Micromidas, Inc, doing business as Origin Materials, produces and commercializes plant-based PET plastic. It develops a platform for turning the carbon found in biomass into useful materials, while capturing carbon in the process. The company serves tire filler, carbon black, agriculture, and activated carbon markets.

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