Origin MaterialsORGN
Market Cap: $207M
About: Origin Materials Inc is a carbon-negative materials company. The platform turns the carbon found in biomass into useful materials, while eliminating the need for fossil resources and capturing carbon in the process. Its products include, PET circular caps and closures, Para-xylene, carbon black, Levulinic acid among others.
Employees: 112
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
174% more call options, than puts
Call options by funds: $877K | Put options by funds: $320K
31% more capital invested
Capital invested by funds: $17.6M [Q1] → $23M (+$5.39M) [Q2]
2% more funds holding
Funds holding: 96 [Q1] → 98 (+2) [Q2]
8% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 26
6.07% less ownership
Funds ownership: 23.39% [Q1] → 17.32% (-6.07%) [Q2]
27% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 30
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
B of A Securities Steve Byrne 45% 1-year accuracy 9 / 20 met price target | 111%upside $3 | Buy Upgraded | 16 Aug 2024 |
Financial journalist opinion
Based on 4 articles about ORGN published over the past 30 days