Traders Purchase Large Volume of VisionWave Call Options (NASDAQ:VWAV)

VisionWave Holdings Inc (NASDAQ:VWAVGet Free Report) was the recipient of some unusual options trading activity on Thursday. Stock traders purchased 5,501 call options on the stock. This represents an increase of 426% compared to the average daily volume of 1,046 call options.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of VisionWave in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, VisionWave presently has an average rating of “Sell”.

View Our Latest Report on VWAV

VisionWave Price Performance

Shares of VWAV traded up $1.01 on Thursday, hitting $12.03. 482,677 shares of the stock traded hands, compared to its average volume of 290,228. VisionWave has a one year low of $2.06 and a one year high of $14.05. The stock has a market cap of $180.41 million, a P/E ratio of -38.81 and a beta of 0.18. The firm has a 50 day simple moving average of $9.85.

VisionWave (NASDAQ:VWAVGet Free Report) last posted its earnings results on Friday, October 3rd. The company reported ($0.15) EPS for the quarter.

Institutional Investors Weigh In On VisionWave

A hedge fund recently bought a new stake in VisionWave stock. Yorkville Advisors Global LP bought a new position in VisionWave Holdings Inc (NASDAQ:VWAVFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 200,000 shares of the company’s stock, valued at approximately $1,906,000. VisionWave accounts for about 0.4% of Yorkville Advisors Global LP’s holdings, making the stock its 9th largest holding. Yorkville Advisors Global LP owned about 1.33% of VisionWave at the end of the most recent quarter. Institutional investors and hedge funds own 51.36% of the company’s stock.

About VisionWave

(Get Free Report)

VisionWave Technologies Inc is a defense development company focused on integrating advanced artificial intelligence and autonomous solutions across air, ground and sea domains. VisionWave Technologies Inc, formerly known as Bannix Acquisition Corp., is based in WILMINGTON, Del.

Further Reading

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