Virtu Financial LLC Invests $69,000 in Laser Photonics Co. (NASDAQ:LASE)

Virtu Financial LLC acquired a new position in Laser Photonics Co. (NASDAQ:LASE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,939 shares of the company’s stock, valued at approximately $69,000. Virtu Financial LLC owned about 0.09% of Laser Photonics at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of LASE. Anson Funds Management LP acquired a new stake in Laser Photonics during the third quarter worth about $4,077,000. Geode Capital Management LLC grew its position in Laser Photonics by 53.4% in the third quarter. Geode Capital Management LLC now owns 60,656 shares of the company’s stock valued at $989,000 after acquiring an additional 21,106 shares during the period. Jane Street Group LLC acquired a new position in Laser Photonics during the third quarter worth $577,000. Commonwealth Equity Services LLC bought a new position in shares of Laser Photonics during the fourth quarter valued at $108,000. Finally, Spire Wealth Management acquired a new stake in shares of Laser Photonics in the 4th quarter valued at $81,000. Institutional investors own 1.90% of the company’s stock.

Laser Photonics Stock Performance

LASE opened at $3.07 on Tuesday. The firm has a market cap of $42.46 million, a price-to-earnings ratio of -6.98 and a beta of 3.69. The firm’s 50-day simple moving average is $3.93 and its 200-day simple moving average is $5.74. Laser Photonics Co. has a twelve month low of $1.30 and a twelve month high of $19.80.

Laser Photonics Company Profile

Laser Photonics Corporation provides integrated laser blasting solutions for corrosion control, rust removal, de-coating, pre- and post-welding, laser cleaning, and surface conditioning in the Americas, Europe, Asia, the Middle East, and North Africa. It offers laser cleaning systems, such as CleanTech Titan FX for cleaning, rust removal, and surface conditioning; CleanTech Titan Express, a high-power fiber laser for cleaning and surface conditioning; CleanTech MegaCenter, an industrial-grade laser parts cleaning, rust removal, and surface conditioning system; CleanTech Handheld LPC-50-CTHD, an entry-level dual axis laser cleaning and surface treatment system; CleanTech Handheld LPC-100-CTHD, an air-cooled pulsed laser systems; CleanTech Handheld LPC-200-CTHD for cleaning rust, remove paints, and other coatings; CleanTech Handheld LPC-300-CTHD, a air-cooled laser system; CleanTech Handheld LPC-1000-CTHS, a single axis laser cleaning and surface treatment system; CleanTech Handheld LPC-1000-CTHD, a portable handheld roughing laser cleaner; CleanTech Handheld-1500-CTHS, an handheld laser cleaning, roughing, and surface preparation system; CleanTech Handheld-1500-CTHD, a dual axis fiber laser system; CleanTech Handheld LPC-2000-CTHD for cleaning rust and remove coatings; CleanTech LPC-3000-CTHD for cleaning and removing rust, corrosion, and other materials; CleanTech Laser Blaster Cabinet, a laser cleaning machine; CleanTech Robotic Cell Enclosure, an AI-capable laser cleaning system that eliminates the concerns over human hazard and eye safety; CleanTech EZ- Rider, a laser cleaning tool; and CleanTech Robot, an industrial robotic laser cleaning system.