SG Americas Securities LLC acquired a new stake in shares of Gorilla Technology Group Inc. (NASDAQ:GRRR - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 56,166 shares of the company's stock, valued at approximately $1,663,000. SG Americas Securities LLC owned 0.30% of Gorilla Technology Group as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Transcendent Capital Group LLC bought a new position in shares of Gorilla Technology Group during the 4th quarter valued at $72,000. Creative Financial Designs Inc. ADV purchased a new stake in Gorilla Technology Group during the fourth quarter valued at $135,000. Commonwealth Equity Services LLC lifted its holdings in Gorilla Technology Group by 41.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 39,991 shares of the company's stock valued at $722,000 after acquiring an additional 11,663 shares during the period. Cetera Investment Advisers purchased a new position in Gorilla Technology Group in the fourth quarter worth about $258,000. Finally, Stifel Financial Corp bought a new stake in shares of Gorilla Technology Group during the 4th quarter valued at about $412,000. Hedge funds and other institutional investors own 1.33% of the company's stock.
Gorilla Technology Group Stock Performance
Shares of NASDAQ GRRR traded down $1.58 during midday trading on Tuesday, hitting $18.45. 1,118,157 shares of the company's stock traded hands, compared to its average volume of 1,880,562. The firm has a fifty day moving average of $18.14 and a 200 day moving average of $19.03. Gorilla Technology Group Inc. has a 1 year low of $2.09 and a 1 year high of $44.15. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.68 and a quick ratio of 1.68.
About Gorilla Technology Group
(
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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