Ibex Investors LLC cut its holdings in shares of Gauzy Ltd. (NASDAQ:GAUZ - Free Report) by 24.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,532,865 shares of the company's stock after selling 798,654 shares during the period. Gauzy accounts for 26.9% of Ibex Investors LLC's holdings, making the stock its 2nd biggest holding. Ibex Investors LLC owned about 13.29% of Gauzy worth $20,263,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Citadel Advisors LLC boosted its stake in Gauzy by 4.9% in the fourth quarter. Citadel Advisors LLC now owns 441,864 shares of the company's stock valued at $4,379,000 after acquiring an additional 20,674 shares in the last quarter. Northern Trust Corp acquired a new stake in Gauzy in the fourth quarter valued at approximately $505,000. Signaturefd LLC acquired a new stake in Gauzy in the first quarter valued at approximately $28,000. Stifel Financial Corp boosted its stake in Gauzy by 85.5% in the fourth quarter. Stifel Financial Corp now owns 207,275 shares of the company's stock valued at $2,054,000 after acquiring an additional 95,527 shares in the last quarter. Finally, Kingsview Wealth Management LLC acquired a new stake in Gauzy in the first quarter valued at approximately $82,000.
Gauzy Stock Performance
Shares of Gauzy stock traded up $0.07 during trading on Monday, hitting $7.39. 53,272 shares of the company's stock were exchanged, compared to its average volume of 566,475. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.53 and a current ratio of 0.81. The business has a 50-day simple moving average of $7.92 and a 200-day simple moving average of $9.18. Gauzy Ltd. has a 52-week low of $5.50 and a 52-week high of $13.00. The stock has a market capitalization of $140.78 million and a price-to-earnings ratio of -1.81.
Gauzy (NASDAQ:GAUZ - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The company reported ($0.54) earnings per share for the quarter, missing analysts' consensus estimates of ($0.35) by ($0.19). Gauzy had a negative net margin of 50.13% and a negative return on equity of 62.32%. The firm had revenue of $22.37 million during the quarter, compared to analysts' expectations of $26.91 million. On average, research analysts forecast that Gauzy Ltd. will post -2.26 EPS for the current year.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on GAUZ shares. Wall Street Zen cut shares of Gauzy from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. B. Riley reduced their target price on shares of Gauzy from $14.00 to $13.00 and set a "buy" rating for the company in a report on Thursday, May 15th. Finally, Barclays reduced their target price on shares of Gauzy from $15.00 to $13.00 and set an "overweight" rating for the company in a report on Wednesday, May 14th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, Gauzy has a consensus rating of "Hold" and a consensus price target of $12.00.
Get Our Latest Stock Report on GAUZ
Gauzy Profile
(
Free Report)
Gauzy Ltd. is a fully-integrated light and vision control company which focused on the research, development, manufacturing and marketing of vision and light control technologies. It operates principally in Germany, France, the United States, Canada, China, Singapore and Dubai. Gauzy Ltd. is headquartered in Tel Aviv, Israel.
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