Virtu Financial LLC Purchases New Shares in SEALSQ Corp. $LAES

Key Points

• Virtu Financial LLC has invested approximately $359,000 in SEALSQ Corp., acquiring 137,985 shares in the first quarter of 2023.
• Other hedge funds, including Jane Street Group LLC and Marshall Wace LLP, have also significantly increased their stakes in SEALSQ over the past quarters.
• SEALSQ's stock is currently trading at $2.76, with a one-year range of $0.31 to $11.00, and it has a relatively strong liquidity position with a quick ratio of 5.91.

Virtu Financial LLC purchased a new position in shares of SEALSQ Corp. (NASDAQ:LAES - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 137,985 shares of the company's stock, valued at approximately $359,000. Virtu Financial LLC owned about 0.15% of SEALSQ at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC purchased a new stake in SEALSQ in the 4th quarter worth $79,000. LaSalle St. Investment Advisors LLC purchased a new stake in SEALSQ in the 1st quarter worth $39,000. Cambridge Investment Research Advisors Inc. increased its holdings in SEALSQ by 324.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 76,709 shares of the company's stock worth $199,000 after acquiring an additional 58,650 shares in the last quarter. Millennium Management LLC purchased a new stake in SEALSQ in the 4th quarter worth $535,000. Finally, SBI Securities Co. Ltd. increased its holdings in SEALSQ by 25.8% in the 1st quarter. SBI Securities Co. Ltd. now owns 144,561 shares of the company's stock worth $376,000 after acquiring an additional 29,625 shares in the last quarter. Institutional investors and hedge funds own 1.25% of the company's stock.

SEALSQ Price Performance

Shares of LAES traded down $0.1150 during mid-day trading on Tuesday, reaching $2.6250. The stock had a trading volume of 3,053,373 shares, compared to its average volume of 16,478,982. The company has a current ratio of 6.00, a quick ratio of 5.91 and a debt-to-equity ratio of 0.04. SEALSQ Corp. has a 52-week low of $0.31 and a 52-week high of $11.00. The business's fifty day moving average is $3.52 and its 200 day moving average is $3.15.

SEALSQ Company Profile

SEALSQ Corp, together with its subsidiaries, designs, develops, and markets semiconductor chips in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. It offers semiconductors, such as VaultIC secure elements, secure arm platform, and smart card reader chips; identity provisioning services, such as IoT device provisioning and chip provisioning; and managed PKI for IoT solutions and trust services.