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

Barclays PLC increased its holdings in MicroVision, Inc. (NASDAQ:MVIS) by 302.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 282,690 shares of the electronics maker’s stock after acquiring an additional 212,365 shares during the period. Barclays PLC owned about 0.13% of MicroVision worth $322,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. State Street Corp raised its holdings in MicroVision by 0.7% in the 3rd quarter. State Street Corp now owns 5,095,629 shares of the electronics maker’s stock worth $5,809,000 after acquiring an additional 37,126 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of MicroVision by 4.0% in 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 purchasing an additional 65,712 shares during the period. Intech Investment Management LLC acquired a new position in shares of MicroVision during the 3rd quarter worth about $56,000. SG Americas Securities LLC boosted its stake in MicroVision by 38.4% during the 3rd quarter. SG Americas Securities LLC now owns 104,005 shares of the electronics maker’s stock valued at $119,000 after purchasing an additional 28,846 shares during the period. Finally, Sei Investments Co. acquired a new stake in MicroVision in the 2nd quarter valued at approximately $27,000. 30.90% of the stock is currently owned by institutional investors and hedge funds.

MicroVision Trading Up 10.3 %

Shares of MVIS stock opened at $1.50 on Friday. The company has a market capitalization of $328.53 million, a P/E ratio of -3.66 and a beta of 2.87. MicroVision, Inc. has a 12 month low of $0.80 and a 12 month high of $2.80. The stock has a 50 day moving average of $1.02 and a two-hundred day moving average of $1.05.

Analyst Upgrades and Downgrades

MVIS has been the subject of several research reports. Westpark Capital began coverage on MicroVision in a research report on Thursday, December 19th. They issued a “buy” rating and a $1.30 price objective for the company. StockNews.com upgraded shares of MicroVision to a “sell” rating in a research report on Friday, December 20th.

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.