State Street Corp Has $243,000 Stake in Vuzix Co. (NASDAQ:VUZI)

State Street Corp lessened its stake in Vuzix Co. (NASDAQ:VUZI) by 5.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 207,298 shares of the company’s stock after selling 12,600 shares during the quarter. State Street Corp owned 0.28% of Vuzix worth $243,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. XTX Topco Ltd acquired a new position in Vuzix in the 2nd quarter worth about $32,000. Sei Investments Co. acquired a new stake in shares of Vuzix in the second quarter valued at about $33,000. Point72 DIFC Ltd bought a new position in shares of Vuzix in the second quarter worth about $42,000. Cubist Systematic Strategies LLC acquired a new position in shares of Vuzix during the 2nd quarter worth about $57,000. Finally, Renaissance Technologies LLC boosted its stake in Vuzix by 24.2% during the 2nd quarter. Renaissance Technologies LLC now owns 65,200 shares of the company’s stock valued at $88,000 after purchasing an additional 12,700 shares during the period. Hedge funds and other institutional investors own 35.87% of the company’s stock.

Vuzix Trading Up 6.0 %

VUZI opened at $4.39 on Friday. The business has a 50 day moving average of $2.51 and a 200-day moving average of $1.63. The stock has a market capitalization of $323.17 million, a price-to-earnings ratio of -3.54 and a beta of 1.75. Vuzix Co. has a 1-year low of $0.83 and a 1-year high of $5.49.

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.