As of its most recent filing, Rock Point Advisors owned 0.36% of SunPower Corporation (NASDAQ:$SPWR), worth over $4,726,000. As of this morning, Rock Point Advisors decreased its stake in SunPower by 4.5% in the 2nd quarter.
SunPower Corp. is a global energy company that delivers complete solar solutions to residential, commercial, and power plant customers.
Several other hedge funds and other investors also recently made adjustments to their holdings of the company; some increased their stakes while others sold.
Shares of the company traded up 1.32% during mid-day trading on Thursday, reaching a high of $8.43. The company’s stock saw a trading volume of 785,806 shares. At the moment, SunPower is experiencing a 12-month low of $5.84 and 12-month high of $11.70.
The company’s last quarterly earnings report was issued on Tuesday, August 1st. In such report, it reported a $0.39 earnings per share for the quarter, beating the Reuters’ consensus estimate of $0.63 by $0.24. Its overall revenue for the quarter was $341.50 million, compared to the consensus estimate of #312.58.
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