T1 Energy CFO Calio Joseph Evan Buys 125,000 Shares

Calio Joseph Evan, the Chief Financial Officer of T1 Energy Inc., bought 125,000 shares of the company on June 23, 2026. This insider purchase was not part of a pre-planned trading program. The transaction code 'M' indicates it was an open-market purchase.

Insider Buying and Selling at T1 Energy Inc.

On June 23, 2026, Calio Joseph Evan, T1 Energy's CFO, bought 125,000 shares. In contrast, the company's Chief Technology Officer, Andreas Bentzen, sold 11,850 shares at an average price of $9.24, while also purchasing 25,000 shares. These transactions were not planned under Rule 10b5-1.

Other Institutional Activity in T1 Energy

BlackRock, Inc. increased its holdings by 4,551,995 shares, ending with 15,391,976 shares valued at approximately $67.6 million. Renaissance Technologies LLC grew its position by 8,289,050 shares, now holding 11,858,306 shares worth about $52.1 million. Two Sigma Investments, LP added 7,640,795 shares, bringing its total to 11,101,768 shares valued at around $48.7 million. Meanwhile, Situational Awareness Partners LP and Situational Awareness LP both opened new positions with 10 million shares each, valued at $43.9 million.

T1 Energy Inc. Stock Up 78.1%

Shares of NYSE:TE traded near $8.53 on Friday. T1 Energy Inc. has a market cap of approximately $2.9 billion and a forward P/E ratio of 27.4. The stock's beta is 2.149, indicating higher volatility compared to the market. Its 52-week range is between $1.15 and $12.49. The company's 50-day moving average is $7.14, and the 200-day moving average is $5.73. T1 Energy has a current ratio of 1.255 and a quick ratio of 0.481, with a debt-to-equity ratio of 177.8.

Recent Earnings

T1 Energy reported revenue of about $879.5 million, with a modest growth rate of 2.3%. However, the company is not currently profitable, reflected by a negative 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 began coverage with a 'buy' rating and a $16.00 target. The consensus recommendation is a 'strong buy' with an average target price of $10.07 based on seven analyst opinions.

About T1 Energy

T1 Energy Inc. is an industrial company based in Austin, Texas, focusing on energy solutions for solar modules and cells. It manufactures and sells photovoltaic solar modules, operating in the United States, Norway, and other international markets. The company, previously known as FREYR Battery, Inc., rebranded to T1 Energy Inc. in February 2025. Led by CEO Daniel Barcelo, T1 Energy employs approximately 562 people.

Bottom Line

Calio Joseph Evan's purchase of T1 Energy shares highlights potential confidence in the company's future. Investors watch insider activity closely for potential insights into company prospects. As always, remember that 13F filings and insider transactions are backward-looking and may not reflect current positions or intentions.