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HPEV (NASDAQ:WARM) major shareholder Bear Ltd Spirit sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $0.72, for a total value of $36,000.00. Following the completion of the transaction, the insider now directly owns 154,800 shares of the company’s stock, valued at approximately $111,456. The sale was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of HPEV (NASDAQ:WARM) opened at 0.68 on Friday. 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 $1.00 and its 200-day moving average is $1.11. The company’s market cap is $38.4 million.

WARM has been the subject of a number of recent research reports. 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 analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. HPEV presently has a consensus rating of “Buy” and a consensus target price of $34.33.

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

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