Virtu Financial LLC reduced its position in The Glimpse Group, Inc. (NASDAQ:VRAR – Free Report) by 50.8% in the first quarter, Holdings Channel.com reports. The fund owned 28,587 shares of the company’s stock after selling 29,555 shares during the period. Virtu Financial LLC’s holdings in The Glimpse Group were worth $33,000 as of its most recent SEC filing.
Separately, Jane Street Group LLC purchased a new stake in The Glimpse Group during the 4th quarter valued at $339,000. 21.41% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Separately, Westpark Capital reiterated a “buy” rating and set a $2.62 target price on shares of The Glimpse Group in a research note on Wednesday, July 16th.
The Glimpse Group Trading Up 6.8%
Shares of VRAR opened at $1.42 on Tuesday. The firm has a market cap of $29.91 million, a PE ratio of -3.84 and a beta of 1.17. The firm has a fifty day simple moving average of $1.43 and a two-hundred day simple moving average of $1.37. The Glimpse Group, Inc. has a 1-year low of $0.50 and a 1-year high of $7.00.
The Glimpse Group Company Profile
The Glimpse Group, Inc, a virtual reality (VR) and augmented reality (AR) platform company, provides enterprise-focused software, services, and solutions in the United States. It offers QReal, a software that creates and distributes photorealistic 3D interactive digital models and experiences in AR; Immersive Health Group, a VR/AR platform for evidence-based and outcome driven healthcare solutions; and Foretell Reality, a social VR platform for behavioral health, support groups, collaboration, and soft skills training.
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