ESS Tech (GWH)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	14.68 mm	14.68 mm	14.68 mm	14.68 mm	14.68 mm	14.68 mm
Cash burn (monthly)	7.97 mm	1.49 mm	7.89 mm	7.00 mm	5.87 mm	2.82 mm
Cash used (since last report)	33.96 mm	6.36 mm	33.62 mm	29.82 mm	25.00 mm	12.00 mm
Cash remaining	-19.28 mm	8.31 mm	-18.95 mm	-15.14 mm	-10.33 mm	2.67 mm
Runway (months of cash)	-2.4	5.6	-2.4	-2.2	-1.8	0.9

Beta Read what these cash burn values mean

Financial data from ESS Tech earnings reports.

Institutional ownership, Q3 2024

GWH institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	55	6	+816.7%
Opened positions	49	0	NEW
Closed positions	0	102	EXIT
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	20.75 bn	686.35 mm	+2923.6%
Total shares	90.74 mm	87.47 mm	+3.7%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
HON Honeywell International	34.17 mm	$45.79 mm	0.0%
Breakthrough Energy Investments	18.56 mm	$311.79 mm	0.0%
Pangaea Ventures Fund III	10.86 mm	$167.77 mm	0.0%
Cycle Capital Fund III	9.21 mm	$142.22 mm	0.0%
BASF Venture Capital GmbH	7.54 mm	$18.78 mm	0.0%
ACON S2 Management	7.13 mm	$0.00	0.0%
SFTBY SoftBank	2.40 mm	$15.15 bn	NEW
Baird Financial	227.41 k	$1.44 bn	NEW
Vanguard	191.73 k	$1.21 bn	NEW
Gsa Capital Partners	91.20 k	$576.00 k	NEW

Largest transactions	Shares	Bought/sold	Change
SFTBY SoftBank	2.40 mm	+2.40 mm	NEW
Baird Financial	227.41 k	+227.41 k	NEW
Vanguard	191.73 k	+191.73 k	NEW
Gsa Capital Partners	91.20 k	+91.20 k	NEW
Millennium Management	63.13 k	+63.13 k	NEW
BlackRock	53.02 k	+53.02 k	NEW
FMR	52.49 k	+52.49 k	NEW
Geode Capital Management	50.45 k	+50.45 k	NEW
Green Alpha Advisors	25.03 k	+25.03 k	NEW
Laird Norton Trust	21.18 k	+21.18 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

GWH insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
18 Nov 24	Eric P. Dresselhuys	Common Stock	Buy	Acquire P	No	No	5.2271	1,000	5.23 k	180,580
11 Sep 24	Sandeep Nijhawan	Common Stock	Sell	Dispose S	No	No	5.72	7,000	40.04 k	15,537
30 Aug 24	Kyle Teamey	Common Stock	Buy	Acquire P	No	No	6.73	142	955.66	25,227
29 Aug 24	Michael R Niggli	Common Stock	Option exercise	Acquire M	No	No	6.88	11,852	81.54 k	77,312
29 Aug 24	Michael R Niggli	Stock Option Common Stock	Option exercise	Dispose M	No	No	6.88	11,852	81.54 k	0
17 May 24	Wellman Alexi	Common Stock	Grant	Acquire A	No	No	0	202,702	0.00	380,633

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

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9 Industrials Stocks Moving In Monday's Pre-Market Session

27 Jan 25

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14 Nov 24

Canaccord Genuity Maintains Hold on ESS Tech, Maintains $8 Price Target

14 Nov 24

Canaccord Genuity analyst George Gianarikas maintains ESS Tech (NYSE:GWH) with a Hold and maintains $8 price target.

Oppenheimer Downgrades ESS Tech to Perform

14 Nov 24

Why DLocal Shares Are Trading Higher By Around 18%; Here Are 20 Stocks Moving Premarket

14 Nov 24

Press releases

From Benzinga Pro

ESS Celebrates Commercial Launch of Energy Center™ Product

16 Jan 25

First commercial deliveries to Florida utility and construction of demonstration Energy Center™ project for Portland General Electric completed in December. ESS Tech, Inc. (ESS) ((