Tejara Capital Ltd Trims Stake in Rekor Systems, Inc. (NASDAQ:REKR)

Tejara Capital Ltd reduced its position in Rekor Systems, Inc. (NASDAQ:REKR) by 3.3% in the 4th quarter, Holdings Channel reports. The firm owned 3,611,459 shares of the company’s stock after selling 125,172 shares during the period. Rekor Systems makes up 3.6% of Tejara Capital Ltd’s holdings, making the stock its 11th biggest holding. Tejara Capital Ltd’s holdings in Rekor Systems were worth $5,634,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Rhumbline Advisers lifted its holdings in shares of Rekor Systems by 13.5% in the 4th quarter. Rhumbline Advisers now owns 61,435 shares of the company’s stock valued at $96,000 after purchasing an additional 7,315 shares during the last quarter. BNP Paribas Financial Markets raised its stake in Rekor Systems by 38.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 34,262 shares of the company’s stock valued at $40,000 after acquiring an additional 9,494 shares during the last quarter. LexAurum Advisors LLC raised its stake in Rekor Systems by 39.9% during the 4th quarter. LexAurum Advisors LLC now owns 45,705 shares of the company’s stock valued at $71,000 after acquiring an additional 13,030 shares during the last quarter. SG Americas Securities LLC raised its stake in Rekor Systems by 2.7% during the 4th quarter. SG Americas Securities LLC now owns 712,681 shares of the company’s stock valued at $1,112,000 after acquiring an additional 18,740 shares during the last quarter. Finally, Lake Hills Wealth Management LLC raised its stake in Rekor Systems by 20.2% during the 4th quarter. Lake Hills Wealth Management LLC now owns 136,667 shares of the company’s stock valued at $213,000 after acquiring an additional 23,013 shares during the last quarter. 45.71% of the stock is owned by hedge funds and other institutional investors.

Rekor Systems Stock Down 4.6 %

REKR opened at $1.04 on Tuesday. The business has a 50 day moving average price of $1.68 and a two-hundred day moving average price of $1.31. The company has a quick ratio of 0.63, a current ratio of 0.76 and a debt-to-equity ratio of 0.37. The company has a market cap of $97.58 million, a PE ratio of -1.60 and a beta of 1.80. Rekor Systems, Inc. has a 52 week low of $0.78 and a 52 week high of $2.67.

Rekor Systems Profile

Rekor Systems, Inc, a technology company, provides infrastructure solutions for transportation, public safety, and urban mobility markets in the United States and internationally. The company's platforms include Rekor One, an AI-powered roadway intelligence platform; Rekor Command, a comprehensive cross-agency platform that offers various applications for traffic management centers, freeway service patrol, first responders, and maintenance crews; Rekor Discover, a platform that ingests data from its hardware and automates comprehensive analytics and actionable insights about the movement of objects across the roadway; and Rekor Scout platform, which automates previously manual processes with collaborative solutions that keep all stakeholders apprised of developing situations and accelerate reaction times to incidents and offenders.