Alpha Paradigm Partners LLC Invests $460,000 in Sunworks, Inc. (NASDAQ:SUNW)

Alpha Paradigm Partners LLC acquired a new position in shares of Sunworks, Inc. (NASDAQ:SUNW – Get Rating) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 164,705 shares of the semiconductor company’s stock, valued at approximately $460,000. Alpha Paradigm Partners LLC owned approximately 0.47% of Sunworks as of its most recent SEC filing.

Several other large investors have also modified their holdings of SUNW. Vanguard Group Inc. boosted its stake in shares of Sunworks by 22.5% during the 3rd quarter. Vanguard Group Inc. now owns 1,807,229 shares of the semiconductor company’s stock worth $5,042,000 after acquiring an additional 332,524 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Sunworks by 33.5% in the second quarter. Renaissance Technologies LLC now owns 754,400 shares of the semiconductor company’s stock valued at $1,192,000 after purchasing an additional 189,199 shares in the last quarter. Ergoteles LLC purchased a new stake in shares of Sunworks in the first quarter valued at $280,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Sunworks by 407.4% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 120,144 shares of the semiconductor company’s stock worth $335,000 after acquiring an additional 96,467 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of Sunworks during the third quarter worth $214,000. 16.18% of the stock is owned by institutional investors.

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Analysts Set New Price Targets

Several equities research analysts have recently issued reports on SUNW shares. Northland Securities lowered their price target on Sunworks from $6.00 to $4.00 in a research report on Monday. EF Hutton Acquisition Co. I restated a “buy” rating and issued a $5.00 price objective on shares of Sunworks in a research report on Monday.

Sunworks Trading Down 2.4 %

SUNW stock opened at $1.63 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.06 and a current ratio of 1.63. The company has a 50 day moving average price of $2.01 and a 200 day moving average price of $2.33. Sunworks, Inc. has a fifty-two week low of $1.23 and a fifty-two week high of $4.72.

Sunworks Profile

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Sunworks, Inc engages in the provision of photovoltaic and battery based power and storage systems for the residential and commercial markets. It operates through the Solcius and Sunworks business segments. The Solcius segment focuses on residential projects. The Sunworks segment deals with commercial projects including commercial, agricultural, industrial, and public works projects.

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