8point3 Energy Partners Lp (CAFD): Norman J Szydlowski , director of 8point3 Energy Partners Lp purchased 1,500 shares on Apr 8, 2016. The Insider buying transaction was disclosed on Apr 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $14.40 per share for a total value of $21,594.00.
Company has been under the radar of several Street Analysts.8Point3 Energy Partners LP is Downgraded by UBS to Sell and the brokerage firm has set the Price Target at $11. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 10, 2016.
Institutional Investors own 77.51% of 8Point3 Energy Partners LP shares.
8Point3 Energy Partners LP: On Monday, Apr 11, 2016 heightened volatility was witnessed in 8Point3 Energy Partners LP which led to swings in the share price. The shares opened for trading at $14.57 and hit $14.98 on the upside , eventually ending the session at $14.65, with a gain of 1.38% or 0.2 points. The heightened volatility saw the trading volume jump to 1,21,194 shares. The 52-week high of the share price is $21.15 and the company has a market cap of $1,040 M . The 52-week low of the share price is at $10.26.
8point3 Energy Partners LP (8point3 Partners) is a limited partnership formed by First Solar and SunPower to own operate and acquire solar energy generation projects. The Company’s portfolio includes utility projects and commercial and industrial (C&I) projects. Its utility projects include MarylandSolar project a 100% owned project located in Maryland; Solar Gen 2 project a 49% owned project located in California; Lost Hills / Blackwell project a 49% owned project located in California; North Star project a 49% owned project located in California; RPU project a 100% owned project located in California and Quinto project a 100% owned project located in California. Its C&I projects include UC Davis project and Macy’s project which are 100% owned projects located in California. The Company’s residential portfolio consists of residential solar energy systems with an aggregate of 39 megawatts of capacity and an average solar energy system capacity of around 7.95 kilowatts.