Barclays PLC Has $322,000 Stock Position in MicroVision, Inc. (NASDAQ:MVIS)

Barclays PLC boosted its position in MicroVision, Inc. (NASDAQ:MVIS) by 302.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 282,690 shares of the electronics maker’s stock after acquiring an additional 212,365 shares during the period. Barclays PLC owned 0.13% of MicroVision worth $322,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its stake in shares of MicroVision by 7.8% during the third quarter. Geode Capital Management LLC now owns 4,999,592 shares of the electronics maker’s stock worth $5,700,000 after purchasing an additional 363,292 shares during the period. Bank of New York Mellon Corp increased its stake in MicroVision by 17.9% in the second quarter. Bank of New York Mellon Corp now owns 771,359 shares of the electronics maker’s stock valued at $818,000 after purchasing an additional 117,035 shares in the last quarter. BSW Wealth Partners grew its holdings in shares of MicroVision by 33.3% in the 3rd quarter. BSW Wealth Partners now owns 400,000 shares of the electronics maker’s stock valued at $456,000 after buying an additional 100,000 shares during the period. XTX Topco Ltd raised its stake in MicroVision by 319.0% during the 3rd quarter. XTX Topco Ltd now owns 125,579 shares of the electronics maker’s stock worth $143,000 after buying an additional 95,605 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in MicroVision by 4.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,697,587 shares of the electronics maker’s stock worth $1,935,000 after acquiring an additional 65,712 shares in the last quarter. 30.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented 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 target on the stock. StockNews.com upgraded shares of MicroVision to a “sell” rating in a report on Friday, December 20th.

MicroVision Stock Up 18.0 %

NASDAQ:MVIS opened at $1.44 on Monday. MicroVision, Inc. has a twelve month low of $0.80 and a twelve month high of $2.70. The business has a 50 day moving average price of $1.07 and a two-hundred day moving average price of $1.07. The company has a market cap of $315.39 million, a P/E ratio of -3.51 and a beta of 2.87.

About MicroVision

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.