Major Investor Quietly Boosts Bet on Spruce Power Holding
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Steel Partners Holdings L.P. has increased its stake in Spruce Power Holding (SPRU) by purchasing 19,920 shares for $100,891, indicating strong investor interest. TipRanks’ AI Analyst rates SPRU as Neutral, reflecting strong earnings but financial challenges. The recent CFO appointment is seen positively for financial management. Spruce Power's current market cap is $91.75M, with a year-to-date price performance of 0.20% and an average trading volume of 356,452.
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