BNP Paribas Financial Markets reduced its stake in shares of Vuzix Co. (NASDAQ:VUZI - Free Report) by 97.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,508 shares of the company's stock after selling 222,013 shares during the quarter. BNP Paribas Financial Markets' holdings in Vuzix were worth $26,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in VUZI. MFG Wealth Management Inc. purchased a new stake in shares of Vuzix in the fourth quarter worth approximately $1,075,000. EVR Research LP bought a new position in Vuzix in the fourth quarter worth approximately $709,000. Wells Fargo & Company MN grew its stake in Vuzix by 130.9% in 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. Invesco Ltd. bought a new stake in Vuzix during the 4th quarter valued at $78,000. Finally, Northern Trust Corp boosted its position in Vuzix by 40.9% during the 4th quarter. Northern Trust Corp now owns 180,528 shares of the company's stock valued at $711,000 after acquiring an additional 52,416 shares in the last quarter. 35.87% of the stock is owned by institutional investors.
Vuzix Price Performance
NASDAQ VUZI traded up $0.39 during midday trading on Monday, hitting $3.36. 4,024,585 shares of the company traded hands, compared to its average volume of 1,616,966. The company has a market cap of $256.17 million, a PE ratio of -2.71 and a beta of 1.65. Vuzix Co. has a 52 week low of $0.83 and a 52 week high of $5.79. The company's 50-day simple moving average is $2.17 and its 200-day simple moving average is $2.90.
Vuzix (NASDAQ:VUZI - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The company reported ($0.11) earnings per share 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 analysts' expectations of $1.34 million. Vuzix had a negative return on equity of 139.39% and a negative net margin of 1,437.17%.
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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