Summit X LLC lessened its holdings in shares of Luminar Technologies, Inc. (NASDAQ:LAZR - Free Report) by 91.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,828 shares of the company's stock after selling 222,199 shares during the period. Summit X LLC owned 0.06% of Luminar Technologies worth $107,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. PEAK6 Investments LLC purchased a new stake in Luminar Technologies during the 3rd quarter valued at about $25,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Luminar Technologies in the 3rd quarter valued at about $31,000. Point72 DIFC Ltd acquired a new position in Luminar Technologies in the 3rd quarter valued at about $40,000. Wealth Enhancement Advisory Services LLC boosted its holdings in Luminar Technologies by 30.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 54,452 shares of the company's stock valued at $49,000 after purchasing an additional 12,685 shares during the last quarter. Finally, Entropy Technologies LP acquired a new position in Luminar Technologies in the 4th quarter valued at about $97,000. Hedge funds and other institutional investors own 30.99% of the company's stock.
Luminar Technologies Stock Up 7.9 %
NASDAQ:LAZR traded up $0.37 on Friday, hitting $5.05. The stock had a trading volume of 701,039 shares, compared to its average volume of 2,130,137. The stock has a market cap of $168.23 million, a price-to-earnings ratio of -0.38 and a beta of 1.74. The company has a fifty day moving average price of $6.00 and a two-hundred day moving average price of $9.26. Luminar Technologies, Inc. has a 1-year low of $4.47 and a 1-year high of $34.80.
Luminar Technologies Company Profile
(
Free Report)
Luminar Technologies, Inc, an automotive technology company, provides sensor technologies and software for passenger cars and commercial trucks in North America, the Asia Pacific, Europe, and the Middle East. It operates in two segments, Autonomy Solutions and Advanced Technologies and Services. The Autonomy Solutions segment designs, manufactures, and sells laser imaging, detection, and ranging sensors or lidars, as well as related perception and autonomy software solutions primarily for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and adjacent industries.
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