Raymond James Financial Inc. bought a new stake in shares of Wrap Technologies, Inc. (NASDAQ:WRAP - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 898,905 shares of the company's stock, valued at approximately $1,906,000. Raymond James Financial Inc. owned approximately 1.96% of Wrap Technologies as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. Geode Capital Management LLC increased its holdings in shares of Wrap Technologies by 5.2% during the third quarter. Geode Capital Management LLC now owns 344,401 shares of the company's stock worth $517,000 after buying an additional 17,150 shares in the last quarter. Sapient Capital LLC bought a new stake in Wrap Technologies during the 4th quarter worth approximately $53,000. Finally, FNY Investment Advisers LLC bought a new stake in Wrap Technologies during the 4th quarter worth approximately $63,000. 8.82% of the stock is currently owned by institutional investors.
Wrap Technologies Stock Down 1.0 %
WRAP traded down $0.02 during trading on Friday, hitting $1.46. The company's stock had a trading volume of 232,560 shares, compared to its average volume of 198,296. The stock has a market capitalization of $73.47 million, a price-to-earnings ratio of -3.46 and a beta of 1.34. The firm's 50 day moving average price is $2.04 and its two-hundred day moving average price is $1.82. Wrap Technologies, Inc. has a 12 month low of $1.21 and a 12 month high of $2.58.
Wrap Technologies (NASDAQ:WRAP - Get Free Report) last posted its quarterly earnings data on Monday, March 31st. The company reported ($0.17) earnings per share for the quarter. Wrap Technologies had a negative net margin of 394.21% and a negative return on equity of 480.59%. The company had revenue of $0.86 million during the quarter.
About Wrap Technologies
(
Free Report)
Wrap Technologies, Inc, a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company's flagship product is BolaWrap 150, a handheld remote restraint device that discharges a seven and a half-foot Kevlar tether, entangling an individual from a range of 10-25 feet.
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