Asset Management One Co. Ltd. Has $59,000 Holdings in KULR Technology Group, Inc. $KULR

Asset Management One Co. Ltd. lessened its holdings in KULR Technology Group, Inc. (NYSEAMERICAN:KULR) by 87.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,341 shares of the company’s stock after selling 57,127 shares during the quarter. Asset Management One Co. Ltd.’s holdings in KULR Technology Group were worth $59,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in KULR. Goldman Sachs Group Inc. grew its holdings in KULR Technology Group by 81.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 977,318 shares of the company’s stock worth $1,290,000 after acquiring an additional 438,526 shares during the period. Cetera Investment Advisers bought a new position in shares of KULR Technology Group in the first quarter valued at approximately $744,000. PEAK6 LLC boosted its holdings in KULR Technology Group by 2,585.4% during the 1st quarter. PEAK6 LLC now owns 440,400 shares of the company’s stock worth $581,000 after acquiring an additional 424,000 shares during the last quarter. Bulltick Wealth Management LLC purchased a new position in KULR Technology Group during the first quarter worth about $462,000. Finally, National Bank of Canada FI bought a new position in shares of KULR Technology Group in the first quarter valued at approximately $240,000. Institutional investors and hedge funds own 21.23% of the company’s stock.

KULR Technology Group Stock Performance

Shares of KULR stock opened at $3.83 on Friday. The firm’s 50-day simple moving average is $4.53 and its two-hundred day simple moving average is $6.75. KULR Technology Group, Inc. has a 52 week low of $2.16 and a 52 week high of $43.92. The firm has a market cap of $163.08 million, a price-to-earnings ratio of -6.60 and a beta of 2.05.

Insiders Place Their Bets

In related news, Director Joanna D. Massey sold 10,000 shares of the business’s stock in a transaction dated Friday, October 3rd. The stock was sold at an average price of $5.47, for a total value of $54,700.00. Following the sale, the director directly owned 17,813 shares in the company, valued at approximately $97,437.11. The trade was a 35.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 6.60% of the company’s stock.

KULR Technology Group Profile

KULR Technology Group, Inc, through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; cellchecks; safecases; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes.