Jane Street Group LLC Sells 187,282 Shares of MicroVision, Inc. (NASDAQ:MVIS)

Jane Street Group LLC decreased its position in MicroVision, Inc. (NASDAQ:MVIS) by 75.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 60,876 shares of the electronics maker’s stock after selling 187,282 shares during the period. Jane Street Group LLC’s holdings in MicroVision were worth $69,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Thoroughbred Financial Services LLC boosted its stake in MicroVision by 29.1% during the second quarter. Thoroughbred Financial Services LLC now owns 88,670 shares of the electronics maker’s stock valued at $93,000 after buying an additional 20,000 shares during the period. Hsbc Holdings PLC lifted its holdings in shares of MicroVision by 158.3% in the 2nd quarter. Hsbc Holdings PLC now owns 39,168 shares of the electronics maker’s stock worth $41,000 after acquiring an additional 24,006 shares during the last quarter. Sei Investments Co. bought a new position in shares of MicroVision during the second quarter valued at about $27,000. Aaron Wealth Advisors LLC purchased a new stake in shares of MicroVision during the third quarter valued at approximately $31,000. Finally, SG Americas Securities LLC grew its stake in shares of MicroVision by 38.4% in the third quarter. SG Americas Securities LLC now owns 104,005 shares of the electronics maker’s stock worth $119,000 after purchasing an additional 28,846 shares during the last quarter. Hedge funds and other institutional investors own 30.90% of the company’s stock.

MicroVision Price Performance

Shares of MVIS opened at $1.28 on Thursday. The firm has a market cap of $280.34 million, a P/E ratio of -3.12 and a beta of 2.87. MicroVision, Inc. has a 1 year low of $0.80 and a 1 year high of $2.70. The company has a 50 day simple moving average of $1.06 and a two-hundred day simple moving average of $1.06.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Westpark Capital began coverage on MicroVision in a research report on Thursday, December 19th. They set a “buy” rating and a $1.30 price objective on the stock. StockNews.com upgraded shares of MicroVision to a “sell” rating in a research note on Friday, December 20th.

MicroVision Profile

MicroVision, Inc develops and sells lidar sensors and software used in automotive safety and autonomous driving applications. It offers a suite of light detection and ranging (lidar) sensors and perception; and validation software for automotive OEMs, advanced driver-assistance systems, and autonomous vehicle applications, as well as non-automotive applications including industrial, robotics, and smart infrastructure.