T1 Energy's CFO Sells Shares Worth $1.66 Million

Calio Joseph Evan, the Chief Financial Officer of T1 Energy Inc. (NYSE:TE), sold 195,776 shares of the company on June 12, 2026. The shares were sold at an average price of $8.50 each, totaling approximately $1.66 million. This transaction was not part of a pre-arranged trading plan.

Insider Buying and Selling at T1 Energy Inc.

On June 12, 2026, Calio Joseph Evan, T1 Energy's CFO, sold 195,776 shares at $8.50 each, making the transaction worth around $1.66 million. This sale was not under a Rule 10b5-1 plan. On the same day, there was another transaction where he bought 422,476 shares, but details on the purchase price were not disclosed.

Other Institutional Activity in T1 Energy

Several institutional investors have been active in T1 Energy Inc. Encompass Capital Advisors LLC maintained its position with 34,968,169 shares worth about $153.5 million. 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 added 8,289,050 shares, bringing its total to 11,858,306 shares worth $52.1 million. Two Sigma Investments, LP grew its position by 7,640,795 shares, holding 11,101,768 shares valued at $48.7 million. Situational Awareness Partners LP and Situational Awareness LP each established positions of 10,000,000 shares, valued at $43.9 million each.

T1 Energy Inc. Stock Up 80.2%

Shares of T1 Energy Inc. (NYSE:TE) recently traded at $8.63. The company has a market capitalization of $2.41 billion and a forward P/E ratio of 22.71. Its beta is 2.149, indicating higher volatility compared to the broader market. The stock's 52-week range is between $1.15 and $12.49. T1 Energy's 50-day moving average is $6.93, while its 200-day moving average is $5.66. The company has a current ratio of 1.255 and a quick ratio of 0.481, with a debt-to-equity ratio of 177.803.

Recent Earnings

T1 Energy reported revenue of $879.5 million with a modest growth rate of 2.32%. However, the company is not currently profitable, with a negative net margin of 42.30% and a return on equity of -111.06%. The next earnings report is scheduled for August 14, 2026.

Analysts Set New Price Targets

On June 17, 2026, Bernstein initiated coverage on T1 Energy with a hold rating and a $9.00 price target. Earlier, on June 3, 2026, Northland Capital Markets initiated coverage with a buy rating and a $16.00 target. BTIG maintained its buy rating with an $8.00 target on May 12, 2026. The consensus among analysts is a strong buy, with a target mean price of $10.25 from six analyst opinions.

About T1 Energy Inc.

T1 Energy Inc. specializes in energy solutions, focusing on the manufacture and sale of photovoltaic solar modules and cells. Based in Austin, Texas, the company serves markets in the United States, Norway, and internationally. It was formerly known as FREYR Battery, Inc. before rebranding in February 2025. Under the leadership of CEO Daniel Barcelo, the company employs 562 people.

Bottom Line

Calio Joseph Evan's recent stock sale highlights ongoing insider activity at T1 Energy Inc. Investors closely monitor such transactions for potential insights into company outlooks. As always, it's important to remember that 13F filings and insider sales are backward-looking and may not reflect current positions or intentions.