OPAL Fuels Inc. (NASDAQ:OPAL – Get Rating) major shareholder Ctc Holdings Ii L.P. Arclight sold 9,300 shares of the firm's stock in a transaction on Thursday, January 19th. The stock was sold at an average price of $6.97, for a total value of $64,821.00. Following the sale, the insider now directly owns 9,428,182 shares of the company's stock, valued at $65,714,428.54. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.

Ctc Holdings Ii L.P. Arclight also recently made the following trade(s):

• On Tuesday, January 17th, Ctc Holdings Ii L.P. Arclight sold 9,045 shares of OPAL Fuels stock. The stock was sold at an average price of $6.96, for a total transaction of $62,953.20.
• On Thursday, December 15th, Ctc Holdings Ii L.P. Arclight sold 2,000,000 shares of OPAL Fuels stock. The shares were sold at an average price of $6.95, for a total transaction of $13,900,000.00.

OPAL Fuels Stock Performance

Shares of OPAL opened at $7.15 on Monday. The company's 50 day simple moving average is $7.46. OPAL Fuels Inc. has a twelve month low of $5.82 and a twelve month high of $12.35.

Analysts Set New Price Targets

Several brokerages have issued reports on OPAL. Johnson Rice started coverage on shares of OPAL Fuels in a research note on Wednesday, December 14th. They set a "buy" rating and a $13.00 target price on the stock. B. Riley assumed coverage on OPAL Fuels in a research report on Thursday, December 15th. They set a "buy" rating and a $14.00 price objective for the company. UBS Group began coverage on OPAL Fuels in a report on Monday, December 5th. They issued a "buy" rating and a $13.00 target price on the stock. Tudor, Pickering, Holt & Co. upgraded shares of OPAL Fuels from a "hold" rating to a "buy" rating in a report on Friday, November 18th. Finally, Tudor Pickering upgraded shares of OPAL Fuels from a "hold" rating to a "buy" rating in a research note on Friday, November 18th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $13.33.

Institutional Trading of OPAL Fuels

Large investors have recently made changes to their positions in the stock. DAVENPORT & Co LLC bought a new stake in OPAL Fuels during the third quarter worth approximately $84,000. Kepos Capital LP acquired a new stake in shares of OPAL Fuels in the third quarter worth $198,000. Vanguard Group Inc. acquired a new position in OPAL Fuels in the 3rd quarter valued at $1,297,000. Encompass Capital Advisors LLC acquired a new position in OPAL Fuels in the 3rd quarter valued at $10,834,000. Finally, Electron Capital Partners LLC bought a new position in OPAL Fuels in the 3rd quarter worth $14,904,000.

About OPAL Fuels

(Get Rating)

OPAL Fuels Inc engages in the production and distribution of renewable natural gas for use as a vehicle fuel for heavy and medium-duty trucking fleets. It also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel.

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