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Caz Investments LP Sells 290,000 Shares of Luminar Technologies, Inc. (NASDAQ:LAZR)

Luminar Technologies logo with Auto/Tires/Trucks background
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Caz Investments LP lessened its holdings in Luminar Technologies, Inc. (NASDAQ:LAZR - Free Report) by 96.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,000 shares of the company's stock after selling 290,000 shares during the quarter. Luminar Technologies accounts for 0.1% of Caz Investments LP's investment portfolio, making the stock its 20th biggest position. Caz Investments LP's holdings in Luminar Technologies were worth $54,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Barclays PLC raised its holdings in Luminar Technologies by 469.2% during the 3rd quarter. Barclays PLC now owns 842,288 shares of the company's stock valued at $757,000 after buying an additional 694,315 shares during the last quarter. LRI Investments LLC increased its position in shares of Luminar Technologies by 32,352.8% in the third quarter. LRI Investments LLC now owns 162,264 shares of the company's stock valued at $146,000 after acquiring an additional 161,764 shares during the period. Geode Capital Management LLC raised its stake in shares of Luminar Technologies by 17.9% during the third quarter. Geode Capital Management LLC now owns 8,774,934 shares of the company's stock valued at $7,896,000 after acquiring an additional 1,331,067 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Luminar Technologies during the third quarter worth about $316,000. Finally, Main Management ETF Advisors LLC bought a new stake in shares of Luminar Technologies in the third quarter worth about $457,000. 30.99% of the stock is owned by institutional investors.

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Luminar Technologies Trading Up 3.8 %

NASDAQ LAZR traded up $0.20 on Wednesday, hitting $5.42. The company's stock had a trading volume of 1,061,601 shares, compared to its average volume of 1,806,546. The firm has a market cap of $180.56 million, a P/E ratio of -0.41 and a beta of 1.74. Luminar Technologies, Inc. has a 52-week low of $4.48 and a 52-week high of $34.80. The company's 50-day simple moving average is $5.77 and its 200 day simple moving average is $8.63.

Luminar Technologies Profile

(Free Report)

Luminar Technologies, Inc, an automotive technology company, provides sensor technologies and software for passenger cars and commercial trucks in North America, the Asia Pacific, Europe, and the Middle East. It operates in two segments, Autonomy Solutions and Advanced Technologies and Services. The Autonomy Solutions segment designs, manufactures, and sells laser imaging, detection, and ranging sensors or lidars, as well as related perception and autonomy software solutions primarily for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and adjacent industries.

See Also

Institutional Ownership by Quarter for Luminar Technologies (NASDAQ:LAZR)

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