Soviero Asset Management LP acquired a new stake in shares of SEALSQ Corp (NASDAQ:LAES - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 250,000 shares of the company's stock, valued at approximately $1,538,000. Soviero Asset Management LP owned approximately 0.27% of SEALSQ as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of LAES. Geode Capital Management LLC acquired a new stake in SEALSQ during the fourth quarter valued at approximately $79,000. Private Advisor Group LLC acquired a new stake in SEALSQ during the fourth quarter valued at approximately $84,000. HUB Investment Partners LLC acquired a new stake in shares of SEALSQ during the 4th quarter worth approximately $115,000. Bravias Capital Group LLC acquired a new stake in shares of SEALSQ during the 4th quarter worth approximately $141,000. Finally, Millennium Management LLC bought a new stake in shares of SEALSQ in the 4th quarter worth approximately $535,000. Institutional investors and hedge funds own 1.25% of the company's stock.
SEALSQ Stock Performance
Shares of NASDAQ LAES traded down $0.23 during mid-day trading on Friday, hitting $3.48. The company had a trading volume of 27,684,505 shares, compared to its average volume of 15,409,160. SEALSQ Corp has a 12 month low of $0.29 and a 12 month high of $11.00. The company has a current ratio of 3.58, a quick ratio of 3.20 and a debt-to-equity ratio of 3.55. The firm's 50 day simple moving average is $2.66 and its two-hundred day simple moving average is $2.94.
SEALSQ Company Profile
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Free Report)
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.
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