111,871 Shares in Vuzix Co. (NASDAQ:VUZI) Bought by Two Sigma Investments LP

Two Sigma Investments LP acquired a new position in shares of Vuzix Co. (NASDAQ:VUZI - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 111,871 shares of the company's stock, valued at approximately $441,000. Two Sigma Investments LP owned approximately 0.15% of Vuzix as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of VUZI. Wells Fargo & Company MN increased its stake in Vuzix by 130.9% during the 4th quarter. Wells Fargo & Company MN now owns 7,056 shares of the company's stock valued at $28,000 after purchasing an additional 4,000 shares in the last quarter. Sprott Inc. acquired a new position in Vuzix during the 4th quarter valued at approximately $39,000. Root Financial Partners LLC acquired a new position in Vuzix during the 4th quarter valued at approximately $41,000. Kellett Wealth Advisors LLC acquired a new position in Vuzix during the 4th quarter valued at approximately $41,000. Finally, Parallax Volatility Advisers L.P. increased its stake in Vuzix by 89.3% during the 4th quarter. Parallax Volatility Advisers L.P. now owns 22,373 shares of the company's stock valued at $88,000 after purchasing an additional 10,554 shares in the last quarter. Institutional investors own 35.87% of the company's stock.

Vuzix Price Performance

Vuzix stock traded down $0.12 during mid-day trading on Friday, reaching $2.95. 1,037,403 shares of the company traded hands, compared to its average volume of 1,627,449. Vuzix Co. has a fifty-two week low of $0.83 and a fifty-two week high of $5.79. The company has a market capitalization of $224.91 million, a price-to-earnings ratio of -2.38 and a beta of 1.65. The firm's fifty day moving average is $2.28 and its two-hundred day moving average is $2.91.

Vuzix (NASDAQ:VUZI - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The company reported ($0.11) earnings per share for the quarter, topping analysts' consensus estimates of ($0.12) by $0.01. The firm had revenue of $1.58 million for the quarter, compared to analyst estimates of $1.34 million. Vuzix had a negative net margin of 1,437.17% and a negative return on equity of 139.39%.

About Vuzix

Vuzix Corporation designs, manufactures, and markets smart glasses and augmented reality (AR) technologies and products for the enterprise, medical, defense, and consumer markets. The company's products include head-mounted smart personal display and wearable computing devices that offer users a portable viewing experience, provide solutions for mobility, wearable displays, and augmented reality, as well as original equipment manufacturer waveguide optical components and display engines.