Ibex Investors LLC Acquires Shares of 3,330,315 Gauzy (NASDAQ:GAUZ)

Ibex Investors LLC acquired a new stake in shares of Gauzy (NASDAQ:GAUZ) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,330,315 shares of the company’s stock, valued at approximately $40,030,000. Gauzy makes up about 41.3% of Ibex Investors LLC’s holdings, making the stock its biggest holding. Ibex Investors LLC owned about 17.48% of Gauzy at the end of the most recent quarter.

Separately, Skylands Capital LLC acquired a new stake in Gauzy during the second quarter valued at approximately $825,000.

Gauzy Stock Down 2.1 %

Shares of NASDAQ GAUZ opened at $9.00 on Thursday. The firm’s fifty day moving average price is $10.31. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.19 and a quick ratio of 1.03. Gauzy has a 1 year low of $8.17 and a 1 year high of $17.10.

Gauzy (NASDAQ:GAUZ) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.88) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.40) by ($0.48). The business had revenue of $24.41 million during the quarter, compared to analysts’ expectations of $23.83 million. On average, research analysts expect that Gauzy will post -1.96 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have issued reports on the company. TD Cowen assumed coverage on Gauzy in a research note on Monday, July 1st. They set a “buy” rating and a $24.00 price objective on the stock. Stifel Nicolaus initiated coverage on Gauzy in a research report on Monday, July 1st. They set a “buy” rating and a $18.00 price target on the stock. Barclays initiated coverage on Gauzy in a research report on Monday, July 1st. They set an “overweight” rating and a $24.00 price target on the stock. Finally, B. Riley started coverage on Gauzy in a research report on Tuesday, July 2nd. They set a “buy” rating and a $21.00 price target on the stock.

About Gauzy

Gauzy Ltd. is a fully-integrated light and vision control company which focused on the research, development, manufacturing and marketing of vision and light control technologies. It operates principally in Germany, France, the United States, Canada, China, Singapore and Dubai. Gauzy Ltd. is headquartered in Tel Aviv, Israel.