Origin Materials, Inc. (NASDAQ:ORGN) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lessened its holdings in Origin Materials, Inc. (NASDAQ:ORGN) by 38.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 244,054 shares of the financial services provider’s stock after selling 151,076 shares during the quarter. Jane Street Group LLC’s holdings in Origin Materials were worth $376,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in ORGN. Vanguard Personalized Indexing Management LLC acquired a new stake in Origin Materials in the second quarter worth about $31,000. Point72 DIFC Ltd acquired a new stake in shares of Origin Materials during the second quarter worth about $50,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Origin Materials during the second quarter worth about $155,000. AQR Capital Management LLC lifted its holdings in shares of Origin Materials by 352.9% during the second 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 during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Origin Materials during the second quarter worth about $136,000. Institutional investors and hedge funds own 29.91% of the company’s stock.

Insider Buying and Selling

In other Origin Materials news, General Counsel Joshua C. Lee sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $1.02, for a total value of $25,500.00. Following the completion of the transaction, the general counsel now directly owns 629,785 shares of the company’s stock, valued at approximately $642,380.70. The trade was a 3.82 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO John Bissell sold 55,000 shares of the business’s stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of $1.00, for a total value of $55,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,976,230 shares of the company’s stock, valued at $1,976,230. The trade was a 2.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 309,525 shares of company stock valued at $358,045 over the last quarter. 3.90% of the stock is currently owned by company insiders.

Origin Materials Stock Down 4.9 %

Origin Materials stock opened at $1.17 on Thursday. Origin Materials, Inc. has a 52 week low of $0.44 and a 52 week high of $1.90. The company has a market capitalization of $171.11 million, a price-to-earnings ratio of -2.05 and a beta of 0.92. The stock has a 50-day moving average price of $1.18 and a 200 day moving average price of $1.22.

Origin Materials Company Profile

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.