Stonebridge Financial Group LLC Invests $79,000 in Vuzix Co. (NASDAQ:VUZI)

Stonebridge Financial Group LLC purchased a new stake in Vuzix Co. (NASDAQ:VUZI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 20,135 shares of the company’s stock, valued at approximately $79,000.

A number of other hedge funds have also modified their holdings of the company. Cubist Systematic Strategies LLC bought a new stake in Vuzix in the second quarter valued at approximately $57,000. Mount Yale Investment Advisors LLC acquired a new position in shares of Vuzix in the 4th quarter valued at $87,000. GSA Capital Partners LLP increased its position in shares of Vuzix by 312.7% in the 3rd quarter. GSA Capital Partners LLP now owns 502,200 shares of the company’s stock valued at $588,000 after buying an additional 380,517 shares in the last quarter. Taylor Frigon Capital Management LLC raised its stake in Vuzix by 85.5% during the 3rd quarter. Taylor Frigon Capital Management LLC now owns 667,230 shares of the company’s stock worth $781,000 after buying an additional 307,599 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Vuzix by 3.9% during the third quarter. Geode Capital Management LLC now owns 673,462 shares of the company’s stock worth $788,000 after acquiring an additional 25,540 shares in the last quarter. 35.87% of the stock is currently owned by institutional investors and hedge funds.

Vuzix Price Performance

Shares of Vuzix stock opened at $4.17 on Thursday. The company has a market capitalization of $306.95 million, a P/E ratio of -3.36 and a beta of 1.61. The business has a 50-day moving average of $3.80 and a two-hundred day moving average of $2.11. Vuzix Co. has a 1 year low of $0.83 and a 1 year high of $5.79.

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.