Manatuck Hill Partners LLC Has $4.48 Million Stock Holdings in Genasys Inc. (NASDAQ:GNSS)

Manatuck Hill Partners LLC cut its holdings in shares of Genasys Inc. (NASDAQ:GNSS - Free Report) by 17.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,721,490 shares of the company's stock after selling 364,609 shares during the quarter. Genasys makes up approximately 1.8% of Manatuck Hill Partners LLC's holdings, making the stock its 16th largest holding. Manatuck Hill Partners LLC owned about 3.83% of Genasys worth $4,476,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Integrity Wealth Advisors Inc. bought a new position in Genasys during the fourth quarter valued at about $17,406,000. FNY Investment Advisers LLC boosted its position in shares of Genasys by 251.1% during the 4th quarter. FNY Investment Advisers LLC now owns 272,200 shares of the company's stock valued at $707,000 after purchasing an additional 194,669 shares in the last quarter. Schonfeld Strategic Advisors LLC acquired a new position in shares of Genasys in the 4th quarter worth approximately $144,000. Raymond James Financial Inc. bought a new stake in shares of Genasys in the 4th quarter worth approximately $138,000. Finally, Geode Capital Management LLC lifted its stake in Genasys by 11.2% during the third quarter. Geode Capital Management LLC now owns 483,882 shares of the company's stock valued at $1,724,000 after purchasing an additional 48,843 shares during the last quarter. Institutional investors own 40.04% of the company's stock.

Genasys Price Performance

Genasys stock remained flat at $1.97 during mid-day trading on Wednesday. 26,814 shares of the company's stock traded hands, compared to its average volume of 122,749. The firm has a market capitalization of $88.52 million, a PE ratio of -2.98 and a beta of 0.68. Genasys Inc. has a 12-month low of $1.65 and a 12-month high of $4.04. The firm's fifty day simple moving average is $2.20 and its two-hundred day simple moving average is $2.88. The company has a quick ratio of 0.97, a current ratio of 1.33 and a debt-to-equity ratio of 0.91.

Genasys (NASDAQ:GNSS - Get Free Report) last announced its earnings results on Tuesday, February 11th. The company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.16) by $0.07. Genasys had a negative return on equity of 122.99% and a negative net margin of 109.39%. Equities analysts expect that Genasys Inc. will post -0.23 earnings per share for the current year.

Genasys Profile

Genasys Inc engages in the design, development, and commercialization of critical communications hardware and software solutions to alert, inform, and protect people principally in North and South America, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Hardware and Software.