30,302 Shares in Lotus Technology Inc. (NASDAQ:LOT) Bought by Savant Capital LLC

Savant Capital LLC purchased a new position in Lotus Technology Inc. (NASDAQ:LOT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 30,302 shares of the company’s stock, valued at approximately $109,000.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. bought a new stake in Lotus Technology in the third quarter worth $32,000. State Street Corp bought a new stake in Lotus Technology in the third quarter worth $58,000. Merit Financial Group LLC bought a new stake in Lotus Technology in the fourth quarter worth $46,000. Bleakley Financial Group LLC bought a new stake in Lotus Technology in the fourth quarter worth $48,000. Finally, Drive Wealth Management LLC bought a new stake in Lotus Technology in the fourth quarter worth $89,000. 63.40% of the stock is currently owned by institutional investors.

Lotus Technology Stock Down 12.3 %

Shares of LOT opened at $2.65 on Thursday. Lotus Technology Inc. has a 52-week low of $2.21 and a 52-week high of $17.99. The company has a market cap of $1.79 billion, a PE ratio of -1.70 and a beta of 0.09. The business has a fifty day moving average of $3.25 and a 200 day moving average of $4.25.

Lotus Technology (NASDAQ:LOT) last released its earnings results on Thursday, November 21st. The company reported ($0.30) earnings per share for the quarter.

About Lotus Technology

Lotus Technology Inc engages in the design, development, and sale of battery electric lifestyle vehicles worldwide. It also distributes sports cars. The company sells its products under the Lotus brand. Lotus Technology Inc is based in Shanghai, China.