OMERS ADMINISTRATION Corp purchased a new position in shares of Vuzix Co. (NASDAQ:VUZI - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 99,500 shares of the company's stock, valued at approximately $392,000. OMERS ADMINISTRATION Corp owned approximately 0.14% of Vuzix as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in VUZI. Wells Fargo & Company MN boosted its position 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 worth $28,000 after purchasing an additional 4,000 shares in the last quarter. Sprott Inc. bought a new stake in Vuzix in the 4th quarter valued at $39,000. Kellett Wealth Advisors LLC bought a new stake in Vuzix in the 4th quarter valued at $41,000. Root Financial Partners LLC bought a new stake in Vuzix in the 4th quarter valued at $41,000. Finally, ExodusPoint Capital Management LP bought a new stake in Vuzix in the 4th quarter valued at $50,000. 35.87% of the stock is owned by institutional investors.
Vuzix Stock Up 2.5%
VUZI traded up $0.06 during trading on Friday, hitting $2.43. The company had a trading volume of 1,798,569 shares, compared to its average volume of 1,533,085. The company has a market capitalization of $185.27 million, a PE ratio of -1.96 and a beta of 1.69. Vuzix Co. has a one year low of $0.83 and a one year high of $5.79. The firm's 50-day moving average price is $2.01 and its 200 day moving average price is $2.76.
Vuzix (NASDAQ:VUZI - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The company reported ($0.11) EPS for the quarter, beating the consensus estimate of ($0.12) by $0.01. The business had revenue of $1.58 million for the quarter, compared to analysts' expectations of $1.34 million. Vuzix had a negative net margin of 1,437.17% and a negative return on equity of 139.39%.
Vuzix Profile
(
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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