Private Advisor Group LLC Has $6.48 Million Stock Holdings in A2Z Cust2Mate Solutions Corp. $AZ

Private Advisor Group LLC grew its position in shares of A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) by 12.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 971,946 shares of the company’s stock after buying an additional 109,181 shares during the quarter. Private Advisor Group LLC’s holdings in A2Z Cust2Mate Solutions were worth $6,483,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Alyeska Investment Group L.P. boosted its position in shares of A2Z Cust2Mate Solutions by 110.4% in the third quarter. Alyeska Investment Group L.P. now owns 2,000,987 shares of the company’s stock valued at $15,988,000 after acquiring an additional 1,050,000 shares during the period. Shay Capital LLC grew its stake in shares of A2Z Cust2Mate Solutions by 133.6% in the third quarter. Shay Capital LLC now owns 1,600,000 shares of the company’s stock valued at $12,784,000 after acquiring an additional 915,000 shares in the last quarter. Weybosset Research & Management LLC increased its position in A2Z Cust2Mate Solutions by 71.6% during the first quarter. Weybosset Research & Management LLC now owns 1,542,249 shares of the company’s stock worth $10,287,000 after acquiring an additional 643,469 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its position in A2Z Cust2Mate Solutions by 96.3% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,073,305 shares of the company’s stock worth $6,500,000 after acquiring an additional 526,653 shares during the period. Finally, Jain Global LLC acquired a new stake in A2Z Cust2Mate Solutions in the 3rd quarter worth about $2,617,000. Institutional investors and hedge funds own 12.64% of the company’s stock.

A2Z Cust2Mate Solutions Price Performance

NASDAQ:AZ traded down $0.18 during mid-day trading on Tuesday, reaching $6.03. The stock had a trading volume of 25,832 shares, compared to its average volume of 448,696. The stock has a 50-day simple moving average of $6.39 and a two-hundred day simple moving average of $6.54. The stock has a market capitalization of $268.62 million, a PE ratio of -5.84 and a beta of 1.16. A2Z Cust2Mate Solutions Corp. has a 12 month low of $4.97 and a 12 month high of $12.36.

A2Z Cust2Mate Solutions (NASDAQ:AZ) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.03). A2Z Cust2Mate Solutions had a negative net margin of 415.62% and a negative return on equity of 62.55%. The firm had revenue of $3.32 million for the quarter, compared to analyst estimates of $3.06 million. Equities analysts expect that A2Z Cust2Mate Solutions Corp. will post -0.51 EPS for the current year.

A2Z Cust2Mate Solutions declared that its board has approved a share repurchase program on Friday, March 27th that allows the company to buyback $20.00 million in shares. This buyback authorization allows the company to buy up to 7.2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

A number of analysts have issued reports on AZ shares. Zacks Research raised shares of A2Z Cust2Mate Solutions to a “hold” rating in a report on Monday, March 30th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of A2Z Cust2Mate Solutions in a report on Monday, April 20th. Northland Securities assumed coverage on shares of A2Z Cust2Mate Solutions in a research report on Friday, March 27th. They issued an “outperform” rating and a $15.00 price target for the company. Finally, Wall Street Zen upgraded shares of A2Z Cust2Mate Solutions from a “sell” rating to a “hold” rating in a research report on Saturday, April 18th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, A2Z Cust2Mate Solutions has an average rating of “Hold” and a consensus price target of $15.00.

A2Z Cust2Mate Solutions Company Profile

A2Z Smart Technologies Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts. It offers Cust2Mate system, which incorporates a smart cart that automatically calculates the value of the customers purchases in their smart cart without having to unload and reload their purchases at a customer checkout point.