Origin Materials (NASDAQ:ORGN) Share Price Falls Below 200-Day Moving Average – What Should Investors Do?

On March 21st, 2025, shares of Origin Materials, Inc. (NASDAQ:ORGN) fell below their 200-day moving average during Thursday's trading session. The company's 200-day moving average is currently at $1.18, while the stock dipped to as low as $0.73 before closing at $0.78. Trading volume for the day reached 772,583 shares.

Analysts Adjust Price Targets

Recently, Bank of America downgraded Origin Materials from a "buy" rating to an "underperform" rating. They also reduced their price target for the stock from $2.50 to $1.50 in a research report published on January 14th.

Performance Review of Origin Materials

The company currently has a market capitalization of $113.34 million and an unfavorable P/E ratio of -1.36. The stock has a 50-day moving average of $0.91 in addition to its 200-day moving average. On March 13th, Origin Materials reported its quarterly earnings, showing an earnings per share (EPS) of ($0.09), which was better than analysts’ expectations of ($0.11). The firm generated $9.22 million in revenue, surpassing the consensus estimate of $9.08 million. However, the company continues to face challenges with a net margin of -229.52% and a return on equity of -21.26%. Analysts predict an EPS of -0.6 for the current year.

Insider Trading Activities

In other news, General Counsel Joshua C. Lee sold 25,000 shares of the company on December 27th at an average price of $1.02. Overall, he received $25,500 from this transaction, resulting in a 3.82% decrease in his ownership, which now stands at 629,785 shares valued at approximately $642,380.70. Similarly, CEO John Bissell sold 55,000 shares on the same day at an average price of $1.00, totaling $55,000. Post-transaction, he directly owns 1,976,230 shares valued at about $1,976,230, which represents a 2.71% reduction in his position. In total, insiders have sold 105,900 shares worth $107,170 over the last three months, and currently hold 17.49% of the company's stock.

Institutional Investors' Interests

A number of institutional investors have adjusted their stakes in Origin Materials. For instance, Two Sigma Advisers LP established a new position valued at approximately $85,000 during the fourth quarter. Meanwhile, Two Sigma Investments LP increased its ownership by 8.7%, now holding 317,844 shares worth $407,000 after acquiring an additional 25,412 shares. Other notable changes include OMERS ADMINISTRATION Corp, which purchased a stake valued at $330,000, and Millennium Management LLC, which raised its stake by 59.2%, owning 2,021,132 shares worth $2,587,000 after buying an additional 751,632 shares. Overall, institutional investors hold about 29.91% of the stock.

About Origin Materials

Origin Materials, Inc. operates as a carbon-negative materials company, specializing in converting biomass into essential chemicals, oils, and other valuable co-products through its unique biomass conversion platform.

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