Anson Funds Management LP lowered its holdings in Gorilla Technology Group Inc. (NASDAQ:GRRR - Free Report) by 98.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,339 shares of the company's stock after selling 1,036,489 shares during the quarter. Anson Funds Management LP owned 0.19% of Gorilla Technology Group worth $74,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in the business. Highbridge Capital Management LLC acquired a new stake in shares of Gorilla Technology Group in the second quarter worth $480,000. Vontobel Holding Ltd. acquired a new stake in Gorilla Technology Group in the 3rd quarter worth $81,000. Finally, GSA Capital Partners LLP bought a new position in shares of Gorilla Technology Group during the 3rd quarter worth about $55,000. 1.33% of the stock is owned by institutional investors.
Gorilla Technology Group Trading Up 11.7 %
NASDAQ:GRRR traded up $0.69 on Friday, reaching $6.58. The stock had a trading volume of 1,727,868 shares, compared to its average volume of 946,258. 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 1-year low of $2.09 and a 1-year high of $13.00. The stock has a fifty day moving average price of $4.61 and a 200-day moving average price of $3.80.
Analyst Ratings Changes
Separately, Northland Securities boosted their price target on Gorilla Technology Group from $7.00 to $9.00 and gave the company an "outperform" rating in a research note on Wednesday, September 25th.
Check Out Our Latest 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.
Further Reading
Before you consider Gorilla Technology Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gorilla Technology Group wasn't on the list.
While Gorilla Technology Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
