WiSA Technologies (NASDAQ:WISA) Given New $11.00 Price Target at Ascendiant Capital Markets

WiSA Technologies (NASDAQ:WISA) had its price objective cut by Ascendiant Capital Markets from $14.00 to $11.00 in a report issued on Friday,Benzinga reports. They currently have a buy rating on the stock.

WiSA Technologies Stock Up 4.3 %

Shares of NASDAQ:WISA opened at $1.70 on Friday. The stock’s 50-day moving average price is $1.77 and its 200-day moving average price is $2.04. WiSA Technologies has a 12-month low of $1.15 and a 12-month high of $21.30.

Institutional Trading of WiSA Technologies

A hedge fund recently bought a new stake in WiSA Technologies stock. State Street Corp bought a new position in WiSA Technologies, Inc. (NASDAQ:WISA) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 19,502 shares of the company’s stock, valued at approximately $35,000. State Street Corp owned 0.35% of WiSA Technologies as of its most recent SEC filing. Hedge funds and other institutional investors own 0.66% of the company’s stock.

WiSA Technologies Company Profile

WiSA Technologies, Inc develops, manufactures, and sells audio wireless technology for smart devices and next-generation home entertainment systems in the United States and Europe. The company offers wireless modules. It serves primarily to consumer electronics companies. The company was formerly known as Summit Wireless Technologies, Inc and changed its name to WiSA Technologies Inc in March 2022.