Millennium Management LLC Has $557,000 Stake in Gauzy (NASDAQ:GAUZ)

Millennium Management LLC trimmed its holdings in shares of Gauzy (NASDAQ:GAUZ - Free Report) by 70.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 56,170 shares of the company's stock after selling 135,183 shares during the period. Millennium Management LLC owned about 0.29% of Gauzy worth $557,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Citadel Advisors LLC increased its stake in Gauzy by 4.9% in the 4th quarter. Citadel Advisors LLC now owns 441,864 shares of the company's stock worth $4,379,000 after purchasing an additional 20,674 shares in the last quarter. Connors Investor Services Inc. acquired a new position in shares of Gauzy in the fourth quarter worth about $109,000. Northern Trust Corp purchased a new position in shares of Gauzy in the fourth quarter worth approximately $505,000. Stifel Financial Corp increased its position in shares of Gauzy by 85.5% in the fourth quarter. Stifel Financial Corp now owns 207,275 shares of the company's stock worth $2,054,000 after acquiring an additional 95,527 shares in the last quarter. Finally, WR Wealth Planners LLC raised its holdings in shares of Gauzy by 200.0% during the fourth quarter. WR Wealth Planners LLC now owns 3,000 shares of the company's stock valued at $30,000 after acquiring an additional 2,000 shares during the period.

Gauzy Stock Down 3.5%

Shares of NASDAQ GAUZ traded down $0.33 during mid-day trading on Thursday, reaching $9.22. The company had a trading volume of 12,963 shares, compared to its average volume of 57,525. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.85 and a current ratio of 1.16. Gauzy has a twelve month low of $6.78 and a twelve month high of $15.50. The stock's 50 day moving average is $8.88 and its 200-day moving average is $9.48. The stock has a market capitalization of $175.68 million and a PE ratio of -2.26.

Gauzy (NASDAQ:GAUZ - Get Free Report) last issued its earnings results on Tuesday, May 13th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.35) by ($0.19). The business had revenue of $22.37 million during the quarter, compared to the consensus estimate of $26.91 million. As a group, equities analysts anticipate that Gauzy will post -2.26 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Barclays decreased their price objective on shares of Gauzy from $15.00 to $13.00 and set an "overweight" rating for the company in a research note on Wednesday, May 14th. TD Cowen downgraded Gauzy from a "buy" rating to a "hold" rating and set a $10.00 price target on the stock. in a report on Friday, March 7th. Wall Street Zen lowered Gauzy from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. B. Riley reduced their price objective on Gauzy from $14.00 to $13.00 and set a "buy" rating for the company in a research note on Thursday, May 15th. Finally, Cowen cut Gauzy from a "buy" rating to a "hold" rating in a research note on Thursday, March 6th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Gauzy presently has an average rating of "Hold" and an average target price of $13.50.

Gauzy Profile

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.