EVR Research LP acquired a new stake in Vuzix Co. (NASDAQ:VUZI - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 180,000 shares of the company's stock, valued at approximately $709,000. EVR Research LP owned approximately 0.24% of Vuzix at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. Wells Fargo & Company MN lifted its position in Vuzix by 130.9% during the 4th quarter. Wells Fargo & Company MN now owns 7,056 shares of the company's stock worth $28,000 after acquiring an additional 4,000 shares during the period. Sprott Inc. acquired a new position in Vuzix during the fourth quarter worth about $39,000. Kellett Wealth Advisors LLC acquired a new stake in shares of Vuzix in the 4th quarter worth approximately $41,000. Root Financial Partners LLC acquired a new position in Vuzix during the fourth quarter worth $41,000. Finally, ExodusPoint Capital Management LP acquired a new stake in Vuzix during the fourth quarter worth approximately $50,000. Institutional investors and hedge funds own 35.87% of the company's stock.
Vuzix Trading Up 0.3 %
NASDAQ:VUZI traded up $0.01 on Thursday, reaching $1.63. The stock had a trading volume of 445,601 shares, compared to its average volume of 1,453,270. The stock has a market cap of $123.89 million, a P/E ratio of -1.31 and a beta of 1.72. Vuzix Co. has a 12-month low of $0.83 and a 12-month high of $5.79. The company has a 50-day moving average of $2.61 and a 200 day moving average of $2.59.
Vuzix (NASDAQ:VUZI - Get Free Report) last announced its earnings results on Thursday, March 13th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.12) by ($0.04). The company had revenue of $1.27 million during the quarter, compared to the consensus estimate of $1.53 million. Vuzix had a negative net margin of 1,437.17% and a negative return on equity of 139.39%.
About Vuzix
(
Free Report)
Vuzix Corporation designs, manufactures, and markets smart glasses and augmented reality (AR) technologies and products for the enterprise, medical, defense, and consumer markets. The company's products include head-mounted smart personal display and wearable computing devices that offer users a portable viewing experience, provide solutions for mobility, wearable displays, and augmented reality, as well as original equipment manufacturer waveguide optical components and display engines.
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