Geode Capital Management LLC increased its position in shares of Vuzix Co. (NASDAQ:VUZI – Free Report) by 3.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 673,462 shares of the company’s stock after purchasing an additional 25,540 shares during the quarter. Geode Capital Management LLC owned approximately 0.91% of Vuzix worth $788,000 as of its most recent filing with the SEC.
Other hedge funds have also recently added to or reduced their stakes in the company. XTX Topco Ltd purchased a new stake in shares of Vuzix during the second quarter worth $32,000. Sei Investments Co. acquired a new position in Vuzix during the second quarter worth about $33,000. Point72 DIFC Ltd purchased a new stake in Vuzix during the 2nd quarter valued at about $42,000. Cubist Systematic Strategies LLC acquired a new stake in Vuzix in the 2nd quarter valued at about $57,000. Finally, Renaissance Technologies LLC lifted its stake in Vuzix by 24.2% in the 2nd quarter. Renaissance Technologies LLC now owns 65,200 shares of the company’s stock worth $88,000 after purchasing an additional 12,700 shares in the last quarter. 35.87% of the stock is owned by institutional investors and hedge funds.
Vuzix Price Performance
Shares of Vuzix stock opened at $3.41 on Friday. Vuzix Co. has a 1-year low of $0.83 and a 1-year high of $5.79. The stock has a market cap of $251.03 million, a P/E ratio of -2.75 and a beta of 1.62. The stock’s 50 day simple moving average is $2.77 and its 200-day simple moving average is $1.71.
Vuzix Profile
Vuzix Corporation designs, manufactures, and markets smart glasses and augmented reality (AR) technologies and products for the enterprise, medical, defense, and consumer markets. The company’s products include head-mounted smart personal display and wearable computing devices that offer users a portable viewing experience, provide solutions for mobility, wearable displays, and augmented reality, as well as original equipment manufacturer waveguide optical components and display engines.
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