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HPEV (NASDAQ:WARM) major shareholder Bear Ltd Spirit unloaded 45,200 shares of the company’s stock on the open market in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $0.93, for a total value of $42,036.00. Following the sale, the insider now directly owns 204,800 shares in the company, valued at approximately $190,464. The sale was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of HPEV from $35.00 to $38.00 in a research note on Friday, May 23rd. They now have an “overweight” rating on the stock. Separately, analysts at Credit Suisse raised their price target on shares of HPEV from $30.00 to $35.00 in a research note on Friday, May 23rd. Finally, analysts at Goldman Sachs raised their price target on shares of HPEV from $24.00 to $25.00 in a research note on Friday, May 23rd. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $34.33.

Shares of HPEV (NASDAQ:WARM) traded up 7.23% during mid-day trading on Friday, hitting $0.89. 100,736 shares of the company’s stock traded hands. HPEV has a 1-year low of $0.23 and a 1-year high of $2.28. The stock’s 50-day moving average is $1.0 and its 200-day moving average is $1.09. The company’s market cap is $50.2 million.

HPEV, Inc(NASDAQ:WARM), formerly Z3 Enterprises, Inc is a development stage company .

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