Geode Capital Management LLC Raises Position in LENSAR, Inc. (NASDAQ:LNSR)

Geode Capital Management LLC raised its holdings in shares of LENSAR, Inc. (NASDAQ:LNSR) by 3.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 100,431 shares of the company’s stock after buying an additional 3,423 shares during the period. Geode Capital Management LLC owned about 0.86% of LENSAR worth $460,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of LNSR. Sanctuary Advisors LLC bought a new position in LENSAR during the 2nd quarter worth approximately $93,000. DCF Advisers LLC boosted its stake in shares of LENSAR by 1.4% during the second quarter. DCF Advisers LLC now owns 241,484 shares of the company’s stock valued at $1,087,000 after purchasing an additional 3,250 shares during the period. Finally, Brandes Investment Partners LP grew its holdings in shares of LENSAR by 12.8% in the second quarter. Brandes Investment Partners LP now owns 373,198 shares of the company’s stock worth $1,644,000 after purchasing an additional 42,250 shares during the last quarter. 40.15% of the stock is owned by institutional investors.

LENSAR Stock Down 1.2 %

Shares of NASDAQ LNSR opened at $8.25 on Monday. The firm’s fifty day moving average is $7.70 and its 200 day moving average is $5.80. LENSAR, Inc. has a 52 week low of $2.67 and a 52 week high of $9.23. The company has a market cap of $95.82 million, a price-to-earnings ratio of -5.65 and a beta of 0.63.

LENSAR Profile

LENSAR, Inc, a commercial-stage medical device company, focuses on designing, developing, and marketing a femtosecond laser system for the treatment of cataracts and the management of pre-existing or surgically induced corneal astigmatism. It offers LENSAR Laser System that incorporates a range of proprietary technologies designed to assist the surgeon in obtaining visual outcomes, efficiency, and reproducibility by providing imaging, procedure planning, design, and precision.