Vuzix Co. (NASDAQ:VUZI) Shares Bought by Headlands Technologies LLC

Headlands Technologies LLC boosted its stake in Vuzix Co. (NASDAQ:VUZI) by 141,419.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 101,894 shares of the company’s stock after purchasing an additional 101,822 shares during the quarter. Headlands Technologies LLC owned about 0.14% of Vuzix worth $401,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sprott Inc. purchased a new stake in shares of Vuzix during the 4th quarter valued at $39,000. Kellett Wealth Advisors LLC acquired a new position in Vuzix in the fourth quarter valued at $41,000. Root Financial Partners LLC acquired a new stake in Vuzix during the fourth quarter worth about $41,000. SBI Securities Co. Ltd. purchased a new position in shares of Vuzix in the 4th quarter worth about $68,000. Finally, Stonebridge Financial Group LLC acquired a new position in shares of Vuzix in the 4th quarter valued at about $79,000. Institutional investors and hedge funds own 35.87% of the company’s stock.

Vuzix Stock Performance

Shares of NASDAQ:VUZI opened at $1.79 on Friday. Vuzix Co. has a 1 year low of $0.83 and a 1 year high of $5.79. The stock has a 50-day simple moving average of $3.09 and a 200-day simple moving average of $2.55. The stock has a market capitalization of $136.47 million, a P/E ratio of -1.44 and a beta of 1.72.

Vuzix (NASDAQ:VUZI) last released its quarterly earnings data on Thursday, March 13th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.04). The business had revenue of $1.27 million for the quarter, compared to analysts’ expectations of $1.53 million. Vuzix had a negative return on equity of 139.39% and a negative net margin of 1,437.17%.

About Vuzix

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.