Ghisallo Capital Management LLC bought a new position in shares of Gauzy (NASDAQ:GAUZ - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 124,010 shares of the company's stock, valued at approximately $1,491,000. Ghisallo Capital Management LLC owned 0.65% of Gauzy as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Ibex Investors LLC purchased a new stake in shares of Gauzy during the 2nd quarter worth $40,030,000. Driehaus Capital Management LLC purchased a new stake in shares of Gauzy during the second quarter valued at about $4,289,000. Millennium Management LLC purchased a new stake in shares of Gauzy during the second quarter valued at about $2,824,000. Empyrean Capital Partners LP bought a new stake in shares of Gauzy in the 2nd quarter valued at about $1,202,000. Finally, Skylands Capital LLC purchased a new position in shares of Gauzy in the 2nd quarter worth approximately $825,000.
Gauzy Price Performance
Shares of GAUZ traded down $0.15 during trading hours on Wednesday, reaching $8.92. 11,842 shares of the company traded hands, compared to its average volume of 73,799. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.19 and a quick ratio of 1.03. The stock has a fifty day simple moving average of $10.00. Gauzy has a 12-month low of $8.17 and a 12-month high of $17.10.
Gauzy (NASDAQ:GAUZ - Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.88) earnings per share for the quarter, missing analysts' consensus estimates of ($0.40) by ($0.48). The firm had revenue of $24.41 million during the quarter, compared to analyst estimates of $23.83 million. On average, equities research analysts predict that Gauzy will post -1.96 EPS for the current year.
Analysts Set New Price Targets
GAUZ has been the subject of a number of analyst reports. Barclays assumed coverage on shares of Gauzy in a research report on Monday, July 1st. They set an "overweight" rating and a $24.00 target price for the company. TD Cowen assumed coverage on Gauzy in a research note on Monday, July 1st. They set a "buy" rating and a $24.00 target price on the stock. Stifel Nicolaus initiated coverage on Gauzy in a research report on Monday, July 1st. They set a "buy" rating and a $18.00 target price on the stock. Finally, B. Riley assumed coverage on Gauzy in a report on Tuesday, July 2nd. They issued a "buy" rating and a $21.00 price target for the company.
View Our Latest Analysis on GAUZ
About Gauzy
(
Free Report)
Gauzy Ltd. is a fully-integrated light and vision control company which focused on the research, development, manufacturing and marketing of vision and light control technologies. It operates principally in Germany, France, the United States, Canada, China, Singapore and Dubai. Gauzy Ltd. is headquartered in Tel Aviv, Israel.
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