Aspiring Ventures LLC acquired a new position in shares of Gogoro Inc. (NASDAQ:GGR - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,057,350 shares of the company's stock, valued at approximately $495,000. Gogoro accounts for about 0.3% of Aspiring Ventures LLC's holdings, making the stock its 26th largest holding. Aspiring Ventures LLC owned 0.36% of Gogoro at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the company. Renaissance Technologies LLC boosted its holdings in Gogoro by 76.7% in the 2nd quarter. Renaissance Technologies LLC now owns 93,100 shares of the company's stock valued at $143,000 after purchasing an additional 40,400 shares during the period. Jane Street Group LLC boosted its holdings in Gogoro by 113.0% in the 3rd quarter. Jane Street Group LLC now owns 89,216 shares of the company's stock valued at $47,000 after purchasing an additional 47,336 shares during the period. State Street Corp boosted its holdings in Gogoro by 105.3% in the 3rd quarter. State Street Corp now owns 134,806 shares of the company's stock valued at $71,000 after purchasing an additional 69,142 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Gogoro by 130.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 563,316 shares of the company's stock valued at $299,000 after buying an additional 318,897 shares in the last quarter. Finally, Senator Investment Group LP acquired a new position in shares of Gogoro in the 2nd quarter valued at $2,079,000. 15.87% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on the stock. Benchmark restated a "hold" rating on shares of Gogoro in a research note on Monday, November 18th. Citigroup reiterated a "neutral" rating and set a $0.50 target price (down previously from $2.30) on shares of Gogoro in a research report on Friday, November 15th.
Get Our Latest Stock Analysis on GGR
Gogoro Trading Up 1.3 %
Shares of NASDAQ GGR traded up $0.01 during mid-day trading on Friday, hitting $0.45. The company's stock had a trading volume of 182,220 shares, compared to its average volume of 595,329. The stock has a market cap of $132.46 million, a price-to-earnings ratio of -1.40 and a beta of 0.67. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.29 and a quick ratio of 1.02. Gogoro Inc. has a one year low of $0.40 and a one year high of $2.24. The company's fifty day simple moving average is $0.52 and its 200-day simple moving average is $0.80.
Gogoro Profile
(
Free Report)
Gogoro Inc provides battery swapping services in Taiwan, India, and internationally. It also develops Swap and Go battery system that delivers full power to electric-powered two-wheelers. In addition, the company offers battery swapping technology in the form of hardware, software, and service, including Gogoro Smart Batteries, GoStation, Gogoro Network Software & Battery Management Systems, Smartscooter, GoReward, and related components and kits.
Featured Stories
Before you consider Gogoro, 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 Gogoro wasn't on the list.
While Gogoro currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
