99,500 Shares in Vuzix Co. (NASDAQ:VUZI) Acquired by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp acquired a new stake in Vuzix Co. (NASDAQ:VUZI - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 99,500 shares of the company's stock, valued at approximately $392,000. OMERS ADMINISTRATION Corp owned about 0.14% of Vuzix as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Wells Fargo & Company MN lifted its stake in shares of Vuzix by 130.9% during the fourth quarter. Wells Fargo & Company MN now owns 7,056 shares of the company's stock valued at $28,000 after acquiring an additional 4,000 shares during the period. Sprott Inc. bought a new stake in Vuzix during the 4th quarter worth about $39,000. Kellett Wealth Advisors LLC acquired a new position in Vuzix during the 4th quarter valued at about $41,000. Root Financial Partners LLC bought a new position in shares of Vuzix in the 4th quarter valued at about $41,000. Finally, ExodusPoint Capital Management LP bought a new position in shares of Vuzix in the 4th quarter valued at about $50,000. 35.87% of the stock is currently owned by institutional investors.

Vuzix Price Performance

Shares of NASDAQ:VUZI opened at $2.55 on Tuesday. The company has a 50 day moving average of $2.00 and a 200-day moving average of $2.72. Vuzix Co. has a one year low of $0.83 and a one year high of $5.79. The stock has a market cap of $194.42 million, a price-to-earnings ratio of -2.06 and a beta of 1.69.

Vuzix (NASDAQ:VUZI - Get Free Report) last released its earnings results on Monday, May 12th. The company reported ($0.11) EPS for the quarter, topping analysts' consensus estimates of ($0.12) by $0.01. The firm had revenue of $1.58 million during the quarter, compared to analyst estimates of $1.34 million. Vuzix had a negative net margin of 1,437.17% and a negative return on equity of 139.39%.

About Vuzix

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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