Stifel Financial Corp purchased a new stake in Gorilla Technology Group Inc. (NASDAQ:GRRR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 22,831 shares of the company's stock, valued at approximately $412,000. Stifel Financial Corp owned approximately 0.12% of Gorilla Technology Group at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new stake in shares of Gorilla Technology Group in the fourth quarter valued at approximately $1,389,000. XTX Topco Ltd purchased a new stake in shares of Gorilla Technology Group in the fourth quarter valued at approximately $426,000. Transcendent Capital Group LLC purchased a new stake in shares of Gorilla Technology Group in the fourth quarter valued at approximately $72,000. Commonwealth Equity Services LLC grew its position in shares of 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 purchasing an additional 11,663 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV purchased a new stake in shares of Gorilla Technology Group in the fourth quarter valued at approximately $135,000. 1.33% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, Northland Securities upped their price target on Gorilla Technology Group from $13.00 to $18.00 and gave the company an "outperform" rating in a research report on Wednesday, January 22nd.
Get Our Latest Analysis on Gorilla Technology Group
Gorilla Technology Group Price Performance
GRRR opened at $18.42 on Wednesday. Gorilla Technology Group Inc. has a one year low of $2.09 and a one year high of $44.15. The business's 50 day moving average price is $21.11 and its 200 day moving average price is $16.60. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.08.
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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