Calio Joseph Evan Buys Shares of T1 Energy Inc.
CFO Calio Joseph Evan acquires 422,476 shares of T1 Energy Inc. on June 12.
Key Points
- Calio Joseph Evan, CFO of T1 Energy Inc., purchased 422,476 shares on June 12, 2026, as part of a direct acquisition.
- Shares of NYSE:TE traded near $8.63 with a market cap of $2.41 billion, a forward P/E of 22.7, and a 52-week range of $1.15 to $12.49.
- Analysts rate T1 Energy as a strong buy with a mean target price of $10.25, reflecting positive sentiment.
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Calio Joseph Evan, the Chief Financial Officer of T1 Energy Inc. (NYSE:TE), bought 422,476 shares of the company on June 12, 2026. This insider purchase reflects his confidence in the company's prospects. T1 Energy shares were trading at $8.63 at the time of the transaction.
Insider Buying and Selling at T1 Energy Inc.
Calio Joseph Evan, T1 Energy's CFO, acquired 422,476 shares on June 12, 2026. This was a direct purchase and not part of a pre-arranged trading plan. In addition, on the same day, he sold 195,776 shares at an average price of $8.50.
Other Institutional Activity in T1 Energy
Several institutional investors have also been active in T1 Energy. BlackRock, Inc. increased its holdings by 4,551,995 shares, bringing its total to 15,391,976 shares valued at approximately $67.57 million. Renaissance Technologies LLC significantly boosted its position by 8,289,050 shares, ending with 11,858,306 shares worth about $52.06 million. Two Sigma Investments, LP added 7,640,795 shares, resulting in a total of 11,101,768 shares valued at $48.74 million.
T1 Energy Inc. Stock Up 80.2%
Shares of T1 Energy Inc. (NYSE:TE) were trading around $8.63. The company has a market cap of $2.41 billion and a forward P/E ratio of 22.7. The stock's beta is 2.149, indicating higher volatility compared to the market. T1 Energy's 52-week range is between $1.15 and $12.49, with a 50-day moving average of $6.93 and a 200-day moving average of $5.66. The company maintains a current ratio of 1.255 and a quick ratio of 0.481, with a debt-to-equity ratio of 177.803.
$TE stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
T1 Energy reported revenue of $879.49 million, with a modest growth rate of 2.3%. However, the company is not yet profitable, posting a net margin of -42.3% and a return on equity of -111.1%. The next earnings report is expected on August 14, 2026.
Analysts Set New Price Targets
On June 17, 2026, Bernstein initiated coverage of T1 Energy with a hold rating and a $9.00 price target. Earlier, on June 3, 2026, Northland Capital Markets started coverage with a buy rating and a $16.00 target. BTIG maintained its buy rating on May 12, 2026, with a target of $8.00. Overall, analysts have a strong buy consensus with a mean target price of $10.25.
About T1 Energy
T1 Energy Inc. specializes in energy solutions for solar modules and cells, serving markets in the United States, Norway, and internationally. The company, headquartered in Austin, Texas, manufactures and sells photovoltaic solar modules. Led by CEO Daniel Barcelo, T1 Energy employs 562 people and operates within the electrical equipment and parts industry.
Bottom Line
Calio Joseph Evan's recent purchase of T1 Energy shares indicates his positive outlook on the company's future. While the company faces challenges with profitability, its growth prospects and institutional interest remain strong. Investors track insider activity like this to gauge confidence in the company's direction. As always, these transactions are backward-looking and may not reflect current positions.
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