LexAurum Advisors LLC Raises Holdings in Rekor Systems, Inc. (NASDAQ:REKR)

LexAurum Advisors LLC grew its holdings in Rekor Systems, Inc. (NASDAQ:REKR) by 39.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,705 shares of the company’s stock after buying an additional 13,030 shares during the quarter. LexAurum Advisors LLC’s holdings in Rekor Systems were worth $71,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Geode Capital Management LLC increased its holdings in Rekor Systems by 5.5% in the third quarter. Geode Capital Management LLC now owns 1,813,380 shares of the company’s stock valued at $2,140,000 after buying an additional 94,907 shares in the last quarter. State Street Corp increased its stake in Rekor Systems by 14.7% in the 3rd quarter. State Street Corp now owns 1,514,044 shares of the company’s stock valued at $1,787,000 after purchasing an additional 194,323 shares in the last quarter. SG Americas Securities LLC raised its holdings in Rekor Systems by 2.7% during the fourth quarter. SG Americas Securities LLC now owns 712,681 shares of the company’s stock worth $1,112,000 after purchasing an additional 18,740 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in Rekor Systems during the second quarter worth $582,000. Finally, Renaissance Technologies LLC acquired a new stake in Rekor Systems in the second quarter valued at $363,000. 45.71% of the stock is currently owned by hedge funds and other institutional investors.

Rekor Systems Trading Down 6.5 %

Shares of REKR opened at $1.88 on Friday. Rekor Systems, Inc. has a 12-month low of $0.78 and a 12-month high of $3.67. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.63 and a current ratio of 0.76. The company has a 50-day moving average of $1.22 and a two-hundred day moving average of $1.30.

Analysts Set New Price Targets

Separately, William Blair reaffirmed an “outperform” rating on shares of Rekor Systems in a research note on Friday, November 15th.

Rekor Systems Profile

Rekor Systems, Inc, a technology company, provides infrastructure solutions for transportation, public safety, and urban mobility markets in the United States and internationally. The company's platforms include Rekor One, an AI-powered roadway intelligence platform; Rekor Command, a comprehensive cross-agency platform that offers various applications for traffic management centers, freeway service patrol, first responders, and maintenance crews; Rekor Discover, a platform that ingests data from its hardware and automates comprehensive analytics and actionable insights about the movement of objects across the roadway; and Rekor Scout platform, which automates previously manual processes with collaborative solutions that keep all stakeholders apprised of developing situations and accelerate reaction times to incidents and offenders.