Solarmax TechnologySMXT
Market Cap: $67.1M
About: SolarMax Technology Inc is an integrated solar and renewable energy company. It operates in two segments namely the United States and China. The United States business includes the sale and installation of photovoltaic and battery backup systems. China operations consist of operating and maintaining solar farm projects and identifying and procuring solar farm projects for resale to third parties. Some of its products are LG Solar Panels, QCELL Solar Panels, Panasonic Solar Panels, and others. The company generates a majority of its revenue from the Solar energy systems.
Employees: 87
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
43% more funds holding
Funds holding: 21 [Q1] → 30 (+9) [Q2]
1.12% less ownership
Funds ownership: 4.14% [Q1] → 3.03% (-1.12%) [Q2]
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
74% less capital invested
Capital invested by funds: $17.1M [Q1] → $4.51M (-$12.6M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for SMXT.
Financial journalist opinion
Based on 3 articles about SMXT published over the past 30 days