Major Investor Quietly Ups Its Bet on Spruce Power Holding

Tip Ranks
2025.12.19 02:05
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Steel Partners Holdings L.P. has increased its stake in Spruce Power Holding by purchasing 82,212 shares valued at $410,926. Spruce Power confirmed Thomas J. Cimino as permanent CFO. Analysts have a mixed outlook on SPRU stock, citing strong earnings and revenue growth but also high leverage and valuation risks. TipRanks’ AI Analyst rates SPRU as Neutral, balancing growth potential with financial challenges.