Sprott Inc. acquired a new position in Vuzix Co. (NASDAQ:VUZI – Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 10,000 shares of the company’s stock, valued at approximately $39,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new position in shares of Vuzix in the fourth quarter worth about $41,000. Stonebridge Financial Group LLC acquired a new position in shares of Vuzix in the 4th quarter valued at approximately $79,000. Mount Yale Investment Advisors LLC purchased a new position in shares of Vuzix during the 4th quarter valued at approximately $87,000. GSA Capital Partners LLP boosted its stake in shares of Vuzix by 312.7% during the 3rd quarter. GSA Capital Partners LLP now owns 502,200 shares of the company’s stock valued at $588,000 after buying an additional 380,517 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Vuzix by 3.9% during the third quarter. Geode Capital Management LLC now owns 673,462 shares of the company’s stock worth $788,000 after buying an additional 25,540 shares in the last quarter. 35.87% of the stock is owned by hedge funds and other institutional investors.
Vuzix Price Performance
VUZI opened at $3.15 on Thursday. Vuzix Co. has a 12-month low of $0.83 and a 12-month high of $5.79. The stock has a market capitalization of $231.89 million, a PE ratio of -2.54 and a beta of 1.61. The firm’s fifty day moving average price is $3.93 and its 200 day moving average price is $2.29.
Vuzix Company Profile
Vuzix Corporation designs, manufactures, and markets smart glasses and augmented reality (AR) technologies and products for the enterprise, medical, defense, and consumer markets. The company’s products include head-mounted smart personal display and wearable computing devices that offer users a portable viewing experience, provide solutions for mobility, wearable displays, and augmented reality, as well as original equipment manufacturer waveguide optical components and display engines.
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