MicroVision, Inc. (NASDAQ:MVIS - Get Free Report) saw unusually large options trading on Monday. Stock traders acquired 7,891 call options on the company. This is an increase of 141% compared to the average daily volume of 3,271 call options.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on MVIS. StockNews.com upgraded MicroVision to a "sell" rating in a report on Friday, December 20th. Westpark Capital assumed coverage on shares of MicroVision in a research note on Thursday, December 19th. They set a "buy" rating and a $1.30 price target on the stock.
View Our Latest Report on MicroVision
Institutional Trading of MicroVision
A number of institutional investors and hedge funds have recently bought and sold shares of the business. State Street Corp lifted its position in MicroVision by 0.7% during the third quarter. State Street Corp now owns 5,095,629 shares of the electronics maker's stock valued at $5,809,000 after buying an additional 37,126 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of MicroVision by 4.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,697,587 shares of the electronics maker's stock valued at $1,935,000 after acquiring an additional 65,712 shares during the period. Intech Investment Management LLC acquired a new position in shares of MicroVision during the 3rd quarter valued at $56,000. SG Americas Securities LLC boosted its position in MicroVision by 38.4% during the 3rd quarter. SG Americas Securities LLC now owns 104,005 shares of the electronics maker's stock worth $119,000 after purchasing an additional 28,846 shares during the period. Finally, Sei Investments Co. acquired a new stake in MicroVision in the 2nd quarter valued at $27,000. Institutional investors and hedge funds own 30.90% of the company's stock.
MicroVision Trading Up 8.6 %
NASDAQ:MVIS traded up $0.13 on Monday, hitting $1.64. 15,058,378 shares of the stock were exchanged, compared to its average volume of 2,639,271. The stock has a fifty day moving average of $1.00 and a 200-day moving average of $1.04. The stock has a market cap of $359.19 million, a PE ratio of -4.00 and a beta of 2.96. MicroVision has a fifty-two week low of $0.80 and a fifty-two week high of $2.80.
MicroVision Company Profile
(
Get 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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