Liana Pogosyan Sells 7,418 Shares of Xos, Inc. (NASDAQ:XOS) Stock

Xos, Inc. (NASDAQ:XOS) CFO Liana Pogosyan sold 7,418 shares of the company’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $3.87, for a total value of $28,707.66. Following the completion of the sale, the chief financial officer now owns 61,570 shares of the company’s stock, valued at $238,275.90. This trade represents a 10.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

XOS Stock Down 0.6 %

Shares of XOS stock opened at $3.60 on Monday. The firm has a market cap of $28.90 million, a price-to-earnings ratio of -0.54 and a beta of 1.77. The business has a 50-day moving average price of $4.36 and a 200-day moving average price of $5.38. Xos, Inc. has a twelve month low of $3.50 and a twelve month high of $14.86.

Analyst Ratings Changes

XOS has been the subject of a number of analyst reports. Northland Securities reiterated a “market perform” rating and issued a $5.00 price target (down previously from $9.00) on shares of XOS in a research note on Monday, November 25th. Roth Capital upgraded XOS to a “strong-buy” rating in a research note on Wednesday, October 23rd. Northland Capmk lowered XOS from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 25th. Finally, Roth Mkm started coverage on XOS in a research report on Wednesday, October 23rd. They set a “buy” rating and a $15.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, XOS currently has a consensus rating of “Moderate Buy” and a consensus target price of $10.25.

XOS Company Profile

Xos, Inc designs, manufactures, and sells battery-electric commercial vehicles. The company provides class 5-6 medium duty rolling chassis, such as commercial stepvans and armored trucks; class 7-8 heavy duty chassis; and Xos product development. It offers Xos provides mix-use powertrain solutions for off-highway, industrial and other commercial equipment, and specialty vehicles, such as school buses, medical and dental clinics, blood donation vehicles, and mobile command vehicles.