EVR Research LP bought a new stake in shares of Vuzix Co. (NASDAQ:VUZI - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 180,000 shares of the company's stock, valued at approximately $709,000. EVR Research LP owned 0.24% of Vuzix at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in the stock. MFG Wealth Management Inc. acquired a new position in shares of Vuzix during the 4th quarter valued at $1,075,000. Headlands Technologies LLC grew its holdings in Vuzix by 141,419.4% during the fourth quarter. Headlands Technologies LLC now owns 101,894 shares of the company's stock worth $401,000 after acquiring an additional 101,822 shares during the period. Harbour Investments Inc. raised its position in Vuzix by 1,599.1% in the fourth quarter. Harbour Investments Inc. now owns 91,379 shares of the company's stock worth $360,000 after acquiring an additional 86,001 shares in the last quarter. Virtu Financial LLC acquired a new stake in Vuzix in the 4th quarter valued at about $214,000. Finally, Geode Capital Management LLC boosted its position in shares of Vuzix by 7.8% during the 4th quarter. Geode Capital Management LLC now owns 725,827 shares of the company's stock valued at $2,860,000 after purchasing an additional 52,365 shares in the last quarter. 35.87% of the stock is owned by institutional investors and hedge funds.
Vuzix Trading Down 5.3 %
Shares of NASDAQ VUZI traded down $0.09 during midday trading on Wednesday, reaching $1.62. The company's stock had a trading volume of 902,376 shares, compared to its average volume of 1,456,062. The company has a market cap of $123.51 million, a price-to-earnings ratio of -1.31 and a beta of 1.72. Vuzix Co. has a one year low of $0.83 and a one year high of $5.79. The company has a 50 day moving average price of $2.65 and a 200 day moving average price of $2.59.
Vuzix (NASDAQ:VUZI - Get Free Report) last posted its quarterly earnings results on Thursday, March 13th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.04). The company had revenue of $1.27 million during the quarter, compared to the consensus estimate of $1.53 million. Vuzix had a negative net margin of 1,437.17% and a negative return on equity of 139.39%.
About Vuzix
(
Free Report)
Vuzix Corporation designs, manufactures, and markets smart glasses and augmented reality (AR) technologies and products for the enterprise, medical, defense, and consumer markets. The company's products include head-mounted smart personal display and wearable computing devices that offer users a portable viewing experience, provide solutions for mobility, wearable displays, and augmented reality, as well as original equipment manufacturer waveguide optical components and display engines.
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