This trade activity should not be overlooked: Lilium N.V. (LILM)

Lilium N.V. (NASDAQ: LILM) stock fell -1.41% on Monday to $0.96 against a previous-day closing price of $0.98. With 3.02 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.4 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $1.0100 whereas the lowest price it dropped to was $0.9602. The 52-week range on LILM shows that it touched its highest point at $2.37 and its lowest point at $0.37 during that stretch. It currently has a 1-year price target of $3.18. Beta for the stock currently stands at 1.27.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LILM was down-trending over the past week, with a drop of -10.99%, but this was down by -4.82% over a month. Three-month performance dropped to -24.31% while six-month performance rose 26.94%. The stock lost -56.89% in the past year, while it has lost -15.68% so far this year.

Float and Shares Shorts:

At present, 518.73 million LILM shares are outstanding with a float of 233.51 million shares on hand for trading. On Aug 30, 2023, short shares totaled 6.41 million, which was 1.30% higher than short shares on Jul 30, 2023. In addition to Mr. Klaus Roewe as the firm’s CEO & Exec. Director, Mr. Daniel Wiegand serves as its Co-Founder, Chief Engineer for Innovation & Future Programs and Exec. Director.

Institutional Ownership:

Through their ownership of 9.71% of LILM’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 1.96% of LILM, in contrast to 0.21% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in LILM with 0.66% of the stake, Pacific Investment Management Co holds 2,508,027 shares worth 2,508,027. A second-largest stockholder of LILM, B. Riley Capital Management LLC, holds 1,094,804 shares, controlling over 0.29% of the firm’s shares. Millennium Management LLC is the third largest shareholder in LILM, holding 811,379 shares or 0.21% stake. With a 0.06% stake in LILM, the Fidelity Nasdaq Composite Index F is the largest stakeholder. A total of 210,487 shares are owned by the mutual fund manager. The DNB Fund – Disruptive Opportuniti, which owns about 0.06% of LILM stock, is the second-largest Mutual Fund holder. It holds 208,115 shares valued at 0.22 million. Fidelity Nasdaq Composite Index E holds 0.03% of the stake in LILM, owning 128,618 shares worth 0.14 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LILM since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With LILM analysts setting a high price target of $6.00 and a low target of $1.00, the average target price over the next 12 months is $2.82. Based on these targets, LILM could surge 525.0% to reach the target high and rise by 4.17% to reach the target low. Reaching the average price target will result in a growth of 193.75% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded LILM stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.