Insider Buying: KULR Technology Group, Inc. (NYSEAMERICAN:KULR) CEO Buys 149,999.85 in Stock

KULR Technology Group, Inc. (NYSEAMERICAN:KULRGet Free Report) CEO Michael Mo acquired 428,571 shares of the company’s stock in a transaction dated Friday, September 15th. The shares were purchased at an average price of 0.35 per share, for a total transaction of 149,999.85. Following the purchase, the chief executive officer now directly owns 21,155,110 shares of the company’s stock, valued at 7,404,288.50. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

KULR Technology Group Stock Up 0.5 %

Shares of KULR stock opened at 0.43 on Monday. The company has a fifty day moving average price of 1.02. The stock has a market capitalization of $50.48 million, a P/E ratio of -2.12 and a beta of 1.94. KULR Technology Group, Inc. has a twelve month low of 0.36 and a twelve month high of 2.22.

KULR Technology Group (NYSEAMERICAN:KULRGet Free Report) last posted its quarterly earnings data on Wednesday, August 16th. The company reported -0.05 earnings per share for the quarter, meeting analysts’ consensus estimates of -0.05. KULR Technology Group had a negative net margin of 299.97% and a negative return on equity of 305.18%. The company had revenue of 2.70 million during the quarter. As a group, research analysts forecast that KULR Technology Group, Inc. will post -0.21 EPS for the current fiscal year.

Institutional Investors Weigh In On KULR Technology Group

A number of hedge funds have recently bought and sold shares of the business. Virtu Financial LLC grew its holdings in KULR Technology Group by 78.2% during the 4th quarter. Virtu Financial LLC now owns 20,917 shares of the company’s stock worth $25,000 after acquiring an additional 9,181 shares in the last quarter. LPL Financial LLC acquired a new position in KULR Technology Group in the second quarter worth about $46,000. Marshall Wace LLP acquired a new position in KULR Technology Group in the fourth quarter worth about $36,000. Beta Wealth Group Inc. increased its holdings in KULR Technology Group by 163.2% in the fourth quarter. Beta Wealth Group Inc. now owns 30,644 shares of the company’s stock valued at $37,000 after buying an additional 19,000 shares during the last quarter. Finally, Simplicity Solutions LLC acquired a new stake in KULR Technology Group during the first quarter valued at approximately $28,000. Institutional investors and hedge funds own 4.94% of the company’s stock.

About KULR Technology Group

(Get Free Report)

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for batteries, electronics, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; fiber thermal interface materials; phase change material heatsinks; internal short circuit device; KULR battery cell screening and testing automation system and tech safe case; cellcheck; and CRUX cathodes.

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