Barclays PLC Buys 80,255 Shares of Rekor Systems, Inc. (NASDAQ:REKR)

Barclays PLC increased its position in shares of Rekor Systems, Inc. (NASDAQ:REKR) by 332.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 104,427 shares of the company’s stock after acquiring an additional 80,255 shares during the quarter. Barclays PLC owned about 0.11% of Rekor Systems worth $123,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in shares of Rekor Systems by 5.5% during the third quarter. Geode Capital Management LLC now owns 1,813,380 shares of the company’s stock worth $2,140,000 after purchasing an additional 94,907 shares in the last quarter. State Street Corp grew its stake in Rekor Systems by 14.7% in the third quarter. State Street Corp now owns 1,514,044 shares of the company’s stock valued at $1,787,000 after acquiring an additional 194,323 shares during the period. SG Americas Securities LLC increased its holdings in shares of Rekor Systems by 3.2% in the third quarter. SG Americas Securities LLC now owns 693,941 shares of the company’s stock worth $819,000 after acquiring an additional 21,517 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Rekor Systems during the second quarter worth about $582,000. Finally, Renaissance Technologies LLC bought a new position in shares of Rekor Systems during the 2nd quarter valued at about $363,000. Institutional investors and hedge funds own 45.71% of the company’s stock.

Rekor Systems Trading Down 3.4 %

REKR opened at $2.01 on Friday. The stock has a market capitalization of $188.58 million, a P/E ratio of -3.09 and a beta of 1.70. The company has a current ratio of 0.76, a quick ratio of 0.63 and a debt-to-equity ratio of 0.37. Rekor Systems, Inc. has a 12 month low of $0.78 and a 12 month high of $3.78. The firm’s fifty day simple moving average is $1.21 and its 200 day simple moving average is $1.29.

Wall Street Analyst Weigh In

Separately, William Blair reissued an “outperform” rating on shares of Rekor Systems in a research note on Friday, November 15th.

About Rekor Systems

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.