Centiva Capital LP Acquires Shares of 79,904 Vuzix Co. (NASDAQ:VUZI)

Centiva Capital LP acquired a new stake in Vuzix Co. (NASDAQ:VUZI) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 79,904 shares of the company’s stock, valued at approximately $315,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its position in Vuzix by 130.9% in the 4th quarter. Wells Fargo & Company MN now owns 7,056 shares of the company’s stock valued at $28,000 after acquiring an additional 4,000 shares in the last quarter. Sprott Inc. acquired a new stake in Vuzix in the 4th quarter valued at about $39,000. Kellett Wealth Advisors LLC acquired a new stake in Vuzix in the 4th quarter valued at about $41,000. Root Financial Partners LLC acquired a new stake in shares of Vuzix during the 4th quarter worth approximately $41,000. Finally, ExodusPoint Capital Management LP acquired a new stake in shares of Vuzix during the 4th quarter worth approximately $50,000. Institutional investors and hedge funds own 35.87% of the company’s stock.

Vuzix Price Performance

Shares of NASDAQ:VUZI opened at $2.10 on Tuesday. Vuzix Co. has a one year low of $0.83 and a one year high of $5.79. The company has a 50 day moving average of $1.99 and a 200-day moving average of $2.68. The stock has a market cap of $160.11 million, a price-to-earnings ratio of -1.69 and a beta of 1.69.

Vuzix (NASDAQ:VUZI) last issued its quarterly earnings results on Monday, May 12th. The company reported ($0.11) EPS for the quarter. Vuzix had a negative return on equity of 139.39% and a negative net margin of 1,437.17%.

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.