Thompson Davis & CO. Inc. Acquires Shares of 24,450 Vuzix Corporation $VUZI

Thompson Davis & CO. Inc. bought a new position in Vuzix Corporation (NASDAQ:VUZI) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 24,450 shares of the company’s stock, valued at approximately $71,000.

Other large investors have also made changes to their positions in the company. Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Vuzix in the 2nd quarter valued at approximately $32,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in Vuzix during the 2nd quarter valued at $44,000. American Century Companies Inc. purchased a new stake in shares of Vuzix in the first quarter valued at $35,000. Laidlaw Wealth Management LLC acquired a new stake in shares of Vuzix in the first quarter worth $70,000. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of Vuzix in the second quarter worth $108,000. Institutional investors and hedge funds own 35.87% of the company’s stock.

Vuzix Stock Performance

Shares of VUZI opened at $2.45 on Friday. The firm has a market cap of $196.80 million, a PE ratio of -4.80 and a beta of 1.66. The firm’s 50 day moving average price is $3.18 and its 200 day moving average price is $2.69. Vuzix Corporation has a twelve month low of $0.85 and a twelve month high of $5.79.

Vuzix (NASDAQ:VUZI) last announced its quarterly earnings results on Thursday, November 13th. The company reported ($0.09) EPS for the quarter. The business had revenue of $1.16 million for the quarter. Vuzix had a negative return on equity of 113.11% and a negative net margin of 707.90%.

Wall Street Analysts Forecast Growth

VUZI has been the topic of several recent analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Vuzix in a research report on Wednesday, October 8th. Craig Hallum reiterated a “buy” rating on shares of Vuzix in a report on Wednesday, October 1st. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Vuzix currently has a consensus rating of “Hold”.

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.