After grabbing 10.98 million shares, the institutional investor is now in possession of 10.98 million shares of the Industrials Company. The new investment brought the stake of investor firm to 2.22% having worth around $11.86 million. Moreover, Alyeska Investment Group LP increased its share by 4.36 million to have a control over 4.36 million shares. And B. Riley Capital Management LLC raised its holdings to 3.25 million shares by acquiring 4.35 million shares or 0.88% of the stake.
Lilium N.V (LILM) concluded trading on 12/27/23 at a closing price of $1.30, with 3.1 million shares of worth about $4.03 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -18.75% during that period and on Wednesday the price saw a gain of about 0.78%. Currently the company’s common shares owned by public are about 369.82M shares, out of which, 231.28M shares are available for trading.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
Hood River Small-Cap Growth Fund, Fidelity Nasdaq Composite Index E, and Fidelity Nasdaq Composite Index F are the top 3 mutual funds which are holding stakes in Lilium N.V Hood River Small-Cap Growth Fund is currently holding 5.97 million shares of worth totaling $6.45 million. The company recently came buying 5.97 million shares which brought its stake up to 1.21% of the company’s outstanding shares. Fidelity Nasdaq Composite Index E bought 0.17 million shares, after which its hold over company’s outstanding shares expand to 0.09%, leaving 0.45 million shares with the mutual fund that have a worth of about $0.49 million. Fidelity Nasdaq Composite Index F, after buying 0.31 million shares, have now control over 0.06% of the stake in the company. It holds 0.0 shares of worth $0.33 million.
However, the stock later moved at a day high price of 1.3000, or with a gain of 0.78%. Stock saw a price change of 2.36% in past 5 days and over the past one month there was a price change of 42.86%. Year-to-date (YTD), LILM shares are showing a performance of 14.04% which increased to 7.44% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.37 but also hit the highest price of $1.90 during that period. The average intraday trading volume for Lilium N.V shares is 4.06 million. The stock is currently trading 8.51% above its 20-day simple moving average (SMA20), while that difference is up 38.42% for SMA50 and it goes to 32.48% higher than SMA200.
Hood River Capital Management LLC acquired 10.98 million shares of Lilium N.V having value of about $11.86 million. Lilium N.V (NASDAQ: LILM) currently have 369.82M outstanding shares and institutions hold larger chunk of about 6.65% of that. Holding of mutual funds in the company is about 1.45% while other institutional holders and individual stake holders have control over 5.60% and — of the stake respectively.
The stock has a current market capitalization of $684.01M and its 3Y-monthly beta is at 2.05. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LILM, volatility over the week remained 6.98% while standing at 8.97% over the month.
Analysts are in expectations that Lilium N.V (LILM) stock would likely to be making an EPS of -$0.13 in the current quarter, while forecast for next quarter EPS is -$0.14 and it is -$0.6 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.15 which is -$0.12 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to drop by -25.27% while it is estimated to increase by 40.28% in next year.
Analysts at 5 brokerage firms have issued recommendations for the Lilium N.V (LILM)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.60. Out of those 5 Wall Street analysts, 2 recommended a “Buy” rating, while 2 were in favor recommending the stock as a “Hold” and 1 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by B. Riley Securities on August 01, 2023 offering a Buy rating for the stock and assigned a target price of $3 to it.
