Jane Street Group LLC Has $484,000 Position in FARO Technologies, Inc. (NASDAQ:FARO)

Jane Street Group LLC trimmed its position in shares of FARO Technologies, Inc. (NASDAQ:FARO - Free Report) by 58.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,279 shares of the scientific and technical instruments company's stock after selling 35,068 shares during the period. Jane Street Group LLC owned approximately 0.13% of FARO Technologies worth $484,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in FARO. Quarry LP increased its position in FARO Technologies by 912.2% during the second quarter. Quarry LP now owns 1,832 shares of the scientific and technical instruments company's stock worth $29,000 after acquiring an additional 1,651 shares during the period. CWM LLC raised its holdings in shares of FARO Technologies by 41.0% in the 3rd quarter. CWM LLC now owns 3,328 shares of the scientific and technical instruments company's stock worth $64,000 after buying an additional 968 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of FARO Technologies in the 3rd quarter worth approximately $141,000. Dynamic Technology Lab Private Ltd acquired a new stake in FARO Technologies in the 3rd quarter valued at $213,000. Finally, American Century Companies Inc. grew its position in FARO Technologies by 16.7% in the second quarter. American Century Companies Inc. now owns 20,903 shares of the scientific and technical instruments company's stock valued at $334,000 after acquiring an additional 2,993 shares during the period. 97.19% of the stock is currently owned by institutional investors.

FARO Technologies Price Performance

Shares of FARO stock traded down $0.37 during trading hours on Tuesday, reaching $26.17. 101,664 shares of the company were exchanged, compared to its average volume of 124,391. FARO Technologies, Inc. has a fifty-two week low of $13.52 and a fifty-two week high of $29.30. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.17 and a quick ratio of 1.83. The stock's fifty day moving average is $25.40 and its two-hundred day moving average is $20.03. The company has a market cap of $495.06 million, a price-to-earnings ratio of -74.77 and a beta of 1.38.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on FARO shares. Needham & Company LLC upped their target price on shares of FARO Technologies from $24.00 to $26.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. StockNews.com raised shares of FARO Technologies from a "buy" rating to a "strong-buy" rating in a report on Tuesday, November 12th. Finally, Craig Hallum boosted their target price on FARO Technologies from $30.00 to $33.00 and gave the stock a "buy" rating in a report on Thursday, December 12th.

FARO Technologies Company Profile

FARO Technologies, Inc designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions worldwide. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Tracker, a combination of a portable large-volume laser measurement tool, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to position components; FARO Laser Scanning Portfolio to measure and collect a cloud of data points for 3D rendering of an object or area; and FARO Mobile Laser Portfolio provides 3D scanning while attached to other mobile devices, such as drones for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications.