News

The average one-year price target for Freight Technologies (NasdaqCM:FRGT) has been revised to 91.80 / share. This is an increase of 900.00% from the prior estimate of 9.18 dated January 16, 2024.

The price target is an average of many targets provided by analysts. The latest targets range from a low of 90.90 to a high of 94.50 / share. The average price target represents an increase of 4,313.46% from the latest reported closing price of 2.08 / share.

What is the Fund Sentiment?

There are 9 funds or institutions reporting positions in Freight Technologies. This is an increase of 8 owner(s) or 800.00% in the last quarter. Total shares owned by institutions increased in the last three months by 202.55% to 169K shares.

What are Other Shareholders Doing?

Renaissance Technologies holds 106K shares representing 0.18% ownership of the company.

Citigroup holds 24K shares representing 0.04% ownership of the company. No change in the last quarter.

Virtu Financial holds 16K shares representing 0.03% ownership of the company. No change in the last quarter.

Millennium Management holds 12K shares representing 0.02% ownership of the company. In it's prior filing, the firm reported owning 13K shares, representing a decrease of 11.64%. The firm decreased its portfolio allocation in FRGT by 27.51% over the last quarter.

Susquehanna International Group, Llp holds 10K shares representing 0.02% ownership of the company. In it's prior filing, the firm reported owning 0K shares, representing an increase of 100.00%.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.