Virtu Financial LLC Purchases New Position in Rekor Systems, Inc. (NASDAQ:REKR)

Virtu Financial LLC acquired a new position in Rekor Systems, Inc. (NASDAQ:REKR) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 34,355 shares of the company’s stock, valued at approximately $41,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. LexAurum Advisors LLC purchased a new position in shares of Rekor Systems in the third quarter worth $39,000. BNP Paribas Financial Markets increased its holdings in Rekor Systems by 38.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 34,262 shares of the company’s stock worth $40,000 after buying an additional 9,494 shares in the last quarter. Pure Portfolios Holdings LLC purchased a new position in Rekor Systems in the 3rd quarter worth about $43,000. Rhumbline Advisers bought a new position in Rekor Systems during the 2nd quarter valued at about $94,000. Finally, Barclays PLC boosted its holdings in shares of Rekor Systems by 332.0% during the 3rd quarter. Barclays PLC now owns 104,427 shares of the company’s stock valued at $123,000 after acquiring an additional 80,255 shares during the last quarter. 45.71% of the stock is owned by institutional investors.

Rekor Systems Price Performance

Shares of REKR opened at $0.82 on Friday. The firm has a market cap of $76.97 million, a PE ratio of -1.26 and a beta of 1.91. Rekor Systems, Inc. has a 1-year low of $0.78 and a 1-year high of $3.92. The company has a current ratio of 0.76, a quick ratio of 0.63 and a debt-to-equity ratio of 0.37. The firm has a fifty day simple moving average of $1.00 and a two-hundred day simple moving average of $1.29.

Analyst Ratings Changes

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

Rekor Systems Company Profile

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.