103,247 Shares in Origin Materials, Inc. (NASDAQ:ORGN) Purchased by Virtu Financial LLC

Virtu Financial LLC acquired a new position in shares of Origin Materials, Inc. (NASDAQ:ORGN) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 103,247 shares of the financial services provider’s stock, valued at approximately $159,000.

A number of other large investors also recently added to or reduced their stakes in the business. Vanguard Personalized Indexing Management LLC acquired a new position in Origin Materials in the second quarter valued at approximately $31,000. Point72 DIFC Ltd bought a new stake in shares of Origin Materials in the 2nd quarter valued at $50,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Origin Materials in the second quarter worth about $155,000. AQR Capital Management LLC raised its holdings in Origin Materials by 352.9% during the 2nd quarter. AQR Capital Management LLC now owns 98,969 shares of the financial services provider’s stock worth $89,000 after buying an additional 77,119 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Origin Materials during the second quarter worth $136,000. 29.91% of the stock is currently owned by institutional investors and hedge funds.

Origin Materials Trading Down 11.1 %

Shares of NASDAQ ORGN opened at $0.96 on Thursday. The company has a fifty day moving average price of $1.28 and a 200 day moving average price of $1.21. The firm has a market cap of $140.40 million, a PE ratio of -1.68 and a beta of 0.95. Origin Materials, Inc. has a 1-year low of $0.44 and a 1-year high of $1.90.

Insider Activity

In other news, General Counsel Joshua C. Lee sold 47,625 shares of the stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $1.08, for a total transaction of $51,435.00. Following the completion of the transaction, the general counsel now directly owns 429,785 shares in the company, valued at $464,167.80. This represents a 9.98 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO John Bissell sold 36,000 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $1.14, for a total value of $41,040.00. Following the completion of the transaction, the chief executive officer now owns 1,581,230 shares of the company’s stock, valued at $1,802,602.20. The trade was a 2.23 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 203,625 shares of company stock worth $250,875 over the last three months. Corporate insiders own 17.49% of the company’s stock.

About Origin Materials

Origin Materials, Inc, together with its subsidiaries, operates as a carbon-negative materials company. The company develops a proprietary biomass conversion platform to convert biomass, or plant-based carbon into building block chemicals chloromethylfurfural and hydrothermal carbon, as well as other oils and extractives and other co-products.