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Airjoule technologies CEO Jore sells $153,165 in company stock

Airjoule technologies CEO Jore sells $153,165 in company stock

On October 15, 2026, Matthew B. Jore, the Chief Executive Officer and 10% owner of AirJoule Technologies Corp., sold 50,000 shares of the company's Class A Common Stock. The transaction was for $153,165, with the shares traded at prices ranging from $3.00 to $3.17 per share. The stock had experienced a decline of approximately 15% in the previous week, currently trading at $3.08, a 44% drop over the past year.

Despite this recent decline, InvestingPro analysis suggests that AirJoule Technologies is undervalued, placing it on the platform’s Most Undervalued list. AirJoule Technologies Corp. reported a second-quarter earnings per share (EPS) loss of $0.12, which exceeded expectations of a $0.076 loss per share. The company, still in its pre-commercial stage, did not generate any revenue for the quarter while it focused on product development and early commercial deployments.

D. Boral Capital recently initiated coverage on AirJoule with a Buy rating, setting a price target of $8.00 per share. This rating is attributed to AirJoule's advancements in atmospheric water generation and dehumidification technology. However, Needham initiated a Hold rating, citing execution risks due to the lack of disclosed orders and the absence of a clear path to profitability.

Needham highlighted the company's energy efficiency advantages, particularly in utilizing low-grade waste heat. These differing analyst opinions reflect a range of optimism regarding AirJoule's future prospects.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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