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HPEV (NASDAQ:WARM) major shareholder Bear Ltd Spirit sold 25,000 shares of the stock on the open market in a transaction dated Friday, August 1st. The stock was sold at an average price of $0.69, for a total transaction of $17,250.00. Following the completion of the transaction, the insider now directly owns 83,700 shares in the company, valued at approximately $57,753. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

HPEV (NASDAQ:WARM) opened at 0.69 on Friday. HPEV has a 52-week low of $0.23 and a 52-week high of $2.28. The stock’s 50-day moving average is $0.85 and its 200-day moving average is $1.12. The company’s market cap is $38.9 million.

A number of research firms have recently commented on WARM. 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 given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $34.33.

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

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