Barclays PLC increased its holdings in shares of MicroVision, Inc. (NASDAQ:MVIS - Free Report) by 302.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 282,690 shares of the electronics maker's stock after acquiring an additional 212,365 shares during the quarter. Barclays PLC owned approximately 0.13% of MicroVision worth $322,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Sei Investments Co. bought a new stake in MicroVision during the second quarter worth $27,000. Aaron Wealth Advisors LLC bought a new stake in shares of MicroVision in the third quarter valued at $31,000. XTX Topco Ltd bought a new stake in shares of MicroVision in the second quarter valued at $32,000. Allspring Global Investments Holdings LLC bought a new stake in shares of MicroVision in the third quarter valued at $40,000. Finally, Hsbc Holdings PLC raised its stake in shares of MicroVision by 158.3% in the second quarter. Hsbc Holdings PLC now owns 39,168 shares of the electronics maker's stock valued at $41,000 after buying an additional 24,006 shares during the period. 30.90% of the stock is currently owned by institutional investors.
MicroVision Trading Up 18.0 %
Shares of NASDAQ MVIS traded up $0.22 during mid-day trading on Monday, hitting $1.44. The company had a trading volume of 11,741,595 shares, compared to its average volume of 8,866,854. The company has a market capitalization of $315.39 million, a price-to-earnings ratio of -3.51 and a beta of 2.87. MicroVision, Inc. has a 1 year low of $0.80 and a 1 year high of $2.70. The stock's 50-day moving average price is $1.07 and its 200-day moving average price is $1.07.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on MVIS. Westpark Capital began coverage on MicroVision in a research note on Thursday, December 19th. They issued a "buy" rating and a $1.30 target price on the stock. StockNews.com upgraded MicroVision to a "sell" rating in a research note on Friday, December 20th.
Check Out Our Latest Stock Analysis on MVIS
About MicroVision
(
Free Report)
MicroVision, Inc develops and sells lidar sensors and software used in automotive safety and autonomous driving applications. It offers a suite of light detection and ranging (lidar) sensors and perception; and validation software for automotive OEMs, advanced driver-assistance systems, and autonomous vehicle applications, as well as non-automotive applications including industrial, robotics, and smart infrastructure.
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