Nuveen LLC bought a new stake in shares of Microvision, Inc. (NASDAQ:MVIS - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 487,747 shares of the electronics maker's stock, valued at approximately $605,000. Nuveen LLC owned about 0.20% of Microvision as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also recently made changes to their positions in MVIS. Tower Research Capital LLC TRC raised its holdings in Microvision by 226.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 22,852 shares of the electronics maker's stock worth $30,000 after acquiring an additional 15,861 shares during the last quarter. Parr Mcknight Wealth Management Group LLC purchased a new position in Microvision in the 4th quarter worth approximately $44,000. Private Advisor Group LLC raised its holdings in Microvision by 22.5% in the 1st quarter. Private Advisor Group LLC now owns 51,758 shares of the electronics maker's stock worth $64,000 after acquiring an additional 9,500 shares during the last quarter. Two Sigma Advisers LP purchased a new position in Microvision in the 4th quarter worth approximately $65,000. Finally, Balyasny Asset Management L.P. purchased a new position in Microvision in the 4th quarter worth approximately $92,000. 30.90% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on MVIS shares. D. Boral Capital restated a "buy" rating and set a $3.00 target price on shares of Microvision in a research note on Tuesday, September 2nd. Wall Street Zen cut shares of Microvision from a "hold" rating to a "sell" rating in a research note on Saturday, August 30th. Finally, Westpark Capital restated a "buy" rating and set a $2.00 target price on shares of Microvision in a research note on Friday. Two analysts have rated the stock with a Buy rating, According to MarketBeat, Microvision presently has an average rating of "Buy" and an average price target of $2.50.
View Our Latest Research Report on MVIS
Microvision Price Performance
Shares of NASDAQ:MVIS traded up $0.01 during midday trading on Friday, hitting $1.11. The company had a trading volume of 3,084,266 shares, compared to its average volume of 3,644,686. Microvision, Inc. has a 12-month low of $0.80 and a 12-month high of $1.95. The company has a market cap of $334.07 million, a price-to-earnings ratio of -2.85 and a beta of 1.59. The company has a fifty day moving average of $1.18 and a two-hundred day moving average of $1.20.
Microvision (NASDAQ:MVIS - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The electronics maker reported ($0.06) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.06). Microvision had a negative return on equity of 146.46% and a negative net margin of 3,470.59%.The business had revenue of $0.20 million during the quarter, compared to analyst estimates of $0.60 million.
Microvision Company Profile
(
Free Report)
MicroVision, Inc develops and sells lidar sensors and software used in automotive safety and autonomous driving applications. It offers a suite of light detection and ranging (lidar) sensors and perception; and validation software for automotive OEMs, advanced driver-assistance systems, and autonomous vehicle applications, as well as non-automotive applications including industrial, robotics, and smart infrastructure.
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