Zimmer Partners LP Increases Stock Holdings in Gauzy (NASDAQ:GAUZ)

Zimmer Partners LP boosted its stake in shares of Gauzy (NASDAQ:GAUZ - Free Report) by 9.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 649,903 shares of the company's stock after buying an additional 58,587 shares during the period. Zimmer Partners LP owned 3.41% of Gauzy worth $6,441,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GAUZ. WR Wealth Planners LLC lifted its stake in shares of Gauzy by 200.0% in the 4th quarter. WR Wealth Planners LLC now owns 3,000 shares of the company's stock valued at $30,000 after purchasing an additional 2,000 shares during the last quarter. Connors Investor Services Inc. acquired a new position in shares of Gauzy in the 4th quarter valued at $109,000. Northern Trust Corp acquired a new position in shares of Gauzy in the 4th quarter valued at $505,000. Stifel Financial Corp lifted its stake in shares of Gauzy by 85.5% in the 4th quarter. Stifel Financial Corp now owns 207,275 shares of the company's stock valued at $2,054,000 after purchasing an additional 95,527 shares during the last quarter. Finally, Citadel Advisors LLC lifted its stake in shares of Gauzy by 4.9% in the 4th quarter. Citadel Advisors LLC now owns 441,864 shares of the company's stock valued at $4,379,000 after purchasing an additional 20,674 shares during the last quarter.

Gauzy Trading Up 3.9%

GAUZ traded up $0.32 during mid-day trading on Friday, hitting $8.49. 17,609 shares of the stock were exchanged, compared to its average volume of 65,485. The firm's fifty day moving average is $8.98 and its two-hundred day moving average is $9.45. Gauzy has a 1-year low of $6.78 and a 1-year high of $17.10. The company has a current ratio of 1.16, a quick ratio of 0.85 and a debt-to-equity ratio of 0.40. The company has a market cap of $161.77 million and a PE ratio of -2.08.

Gauzy (NASDAQ:GAUZ - Get Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The company reported ($0.54) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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. Equities analysts forecast that Gauzy will post -2.26 earnings per share for the current fiscal year.

Analyst Ratings Changes

GAUZ has been the topic of several recent analyst reports. B. Riley decreased their price target on Gauzy from $14.00 to $13.00 and set a "buy" rating on the stock in a research note on Thursday, May 15th. Barclays decreased their target price on Gauzy from $15.00 to $13.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 14th. Wall Street Zen lowered Gauzy from a "hold" rating to a "sell" rating in a research note on Thursday. TD Cowen lowered Gauzy from a "buy" rating to a "hold" rating and set a $10.00 target price on the stock. in a research note on Friday, March 7th. Finally, Cowen lowered Gauzy from a "buy" rating to a "hold" rating in a research note on Thursday, March 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $13.50.

About Gauzy

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.