SBI Securities Co. Ltd. raised its holdings in Gorilla Technology Group Inc. (NASDAQ:GRRR - Free Report) by 54.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 118,765 shares of the company's stock after acquiring an additional 41,828 shares during the quarter. SBI Securities Co. Ltd. owned 0.64% of Gorilla Technology Group worth $3,515,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also made changes to their positions in the company. Creative Financial Designs Inc. ADV increased its position in shares of Gorilla Technology Group by 69.2% in the first quarter. Creative Financial Designs Inc. ADV now owns 12,690 shares of the company's stock worth $376,000 after acquiring an additional 5,190 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new stake in shares of Gorilla Technology Group during the first quarter worth approximately $1,086,000. SG Americas Securities LLC acquired a new stake in shares of Gorilla Technology Group during the first quarter worth approximately $1,663,000. Toronto Dominion Bank acquired a new stake in shares of Gorilla Technology Group during the fourth quarter worth approximately $903,000. Finally, Cetera Investment Advisers acquired a new stake in shares of Gorilla Technology Group during the fourth quarter worth approximately $258,000. 1.33% of the stock is owned by hedge funds and other institutional investors.
Gorilla Technology Group Stock Up 3.4%
Shares of Gorilla Technology Group stock traded up $0.68 during trading on Tuesday, hitting $20.75. 2,066,041 shares of the stock traded hands, compared to its average volume of 2,153,897. The company has a quick ratio of 2.48, a current ratio of 2.48 and a debt-to-equity ratio of 0.04. Gorilla Technology Group Inc. has a twelve month low of $2.09 and a twelve month high of $44.15. The company has a fifty day moving average price of $19.34 and a two-hundred day moving average price of $20.53.
Gorilla Technology Group (NASDAQ:GRRR - Get Free Report) last issued its quarterly earnings data on Wednesday, June 18th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.22. The business had revenue of $20.00 million for the quarter, compared to the consensus estimate of $19.50 million. As a group, research analysts forecast that Gorilla Technology Group Inc. will post 0.33 EPS for the current year.
Gorilla Technology Group Profile
(
Free Report)
Gorilla Technology Group Inc provides video intelligence, Internet of Things (IoT) security, and edge content management hardware, software, and services in the Asia Pacific region. The company operates through three segments: Video IoT, Security Convergence, and Other segments. It offers intelligent video analytics AI models for various verticals, such as behavioral analytics, people/face recognition, vehicle analysis, object recognition, and business intelligence that can scan video for patterns and distinguish specific items using AI algorithms and metadata.
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