Origin Materials, Inc. (NASDAQ:ORGN) CEO Sells $41,040.00 in Stock

Origin Materials, Inc. (NASDAQ:ORGN) CEO John Bissell sold 36,000 shares of Origin Materials stock in a transaction on Friday, December 13th. The stock was sold at an average price of $1.14, for a total transaction of $41,040.00. Following the transaction, the chief executive officer now directly owns 1,581,230 shares of the company’s stock, valued at approximately $1,802,602.20. This trade represents a 2.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Origin Materials Trading Up 1.0 %

NASDAQ ORGN opened at $0.97 on Friday. The business’s 50-day moving average price is $1.27 and its two-hundred day moving average price is $1.21. Origin Materials, Inc. has a 12 month low of $0.44 and a 12 month high of $1.90. The firm has a market capitalization of $141.86 million, a PE ratio of -1.70 and a beta of 0.95.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Origin Materials by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 5,899,099 shares of the financial services provider’s stock valued at $3,009,000 after acquiring an additional 48,889 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its stake in shares of Origin Materials by 337.1% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 2,350,863 shares of the financial services provider’s stock worth $3,620,000 after buying an additional 1,813,047 shares during the last quarter. AQR Capital Management LLC boosted its stake in Origin Materials by 352.9% in the 2nd quarter. AQR Capital Management LLC now owns 98,969 shares of the financial services provider’s stock worth $89,000 after purchasing an additional 77,119 shares in the last quarter. US Bancorp DE increased its position in shares of Origin Materials by 464.0% during the third quarter. US Bancorp DE now owns 28,200 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 23,200 shares in the last quarter. Finally, Point72 DIFC Ltd purchased a new stake in shares of Origin Materials during the second quarter valued at $50,000. 29.91% of the stock is owned by institutional investors.

About Origin Materials

Origin Materials, Inc, together with its subsidiaries, operates as a carbon-negative materials company. The company develops a proprietary biomass conversion platform to convert biomass, or plant-based carbon into building block chemicals chloromethylfurfural and hydrothermal carbon, as well as other oils and extractives and other co-products.