XTX Topco Ltd bought a new stake in shares of Gorilla Technology Group Inc. (NASDAQ:GRRR - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 23,565 shares of the company's stock, valued at approximately $426,000. XTX Topco Ltd owned approximately 0.13% of Gorilla Technology Group as of its most recent filing with the SEC.
Several other hedge funds have also recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. acquired a new stake in shares of Gorilla Technology Group during the fourth quarter worth approximately $1,389,000. Commonwealth Equity Services LLC increased its stake 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 buying an additional 11,663 shares in the last quarter. Creative Financial Designs Inc. ADV bought a new position in shares of Gorilla Technology Group in the fourth quarter valued at about $135,000. Finally, Transcendent Capital Group LLC bought a new stake in Gorilla Technology Group during the 4th quarter worth about $72,000. Institutional investors and hedge funds own 1.33% of the company's stock.
Gorilla Technology Group Trading Up 3.5 %
GRRR stock traded up $0.66 during midday trading on Friday, reaching $19.79. The stock had a trading volume of 906,764 shares, compared to its average volume of 1,750,642. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.72 and a quick ratio of 1.72. Gorilla Technology Group Inc. has a twelve month low of $2.09 and a twelve month high of $44.15. The business has a fifty day simple moving average of $24.22 and a two-hundred day simple moving average of $15.62.
Analyst Ratings Changes
Separately, Northland Securities increased their price target on shares of Gorilla Technology Group from $13.00 to $18.00 and gave the company an "outperform" rating in a research note on Wednesday, January 22nd.
Read Our Latest Research Report on Gorilla Technology Group
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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