Institutional Investors Negative on on Vuzix Corp Dropped

Vuzix Corporation (NASDAQ:VUZI) Logo

Sentiment for Vuzix Corp (NASDAQ:VUZI)

Vuzix Corp (NASDAQ:VUZI) institutional sentiment decreased to 0.79 in Q2 2019. Its down -0.54, from 1.33 in 2019Q1. The ratio dived, as 23 funds opened new or increased equity positions, while 29 trimmed and sold equity positions in Vuzix Corp. The funds in our partner’s database now possess: 4.44 million shares, down from 5.75 million shares in 2019Q1. Also, the number of funds holding Vuzix Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 13 Reduced: 16 Increased: 8 New Position: 15.

Vuzix Corporation designs, manufactures, markets, and sells wearable display devices in the United States and internationally. The company has market cap of $81.06 million. The companyÂ’s products are worn like eyeglasses that enable the user to view video and digital content, such as movies, computer data, the Internet, or video games. It currently has negative earnings. The Company’s products include binocular wearable displays that contain two micro displays mounted in a frame attached to eyeglass-style temples or stereo headphones; monocular smart glasses products for the enterprise, industrial, and commercial markets, as well as video headphones; augmented reality products, which provide the user a live, direct or indirect, view of a physical, and real-world environment; and video viewing glasses as mobile displays for entertainment and gaming for on-the-go users, as well as support for stepping into virtual worlds, simulations, and virtual reality gaming.

The stock increased 5.60% or $0.13 during the last trading session, reaching $2.45. About 331,420 shares traded. Vuzix Corporation (NASDAQ:VUZI) has declined 69.34% since September 13, 2018 and is downtrending. It has underperformed by 69.34% the S&P500.

Taylor Frigon Capital Management Llc holds 1.59% of its portfolio in Vuzix Corporation for 547,746 shares. Gsa Capital Partners Llp owns 59,276 shares or 0.03% of their US portfolio. Moreover, B. Riley Wealth Management Inc. has 0.02% invested in the company for 29,500 shares. The Maryland-based Macroview Investment Management Llc has invested 0.01% in the stock. National Asset Management Inc., a New York-based fund reported 15,600 shares.

Since January 1, 0001, it had 6 insider purchases, and 0 insider sales for $81,974 activity.

Vuzix Corporation (NASDAQ:VUZI) Ratings Coverage

Ratings analysis reveals 100% of Vuzix Corporation’s analysts are positive. Out of 3 Wall Street analysts rating Vuzix Corporation, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $8 while the high is $10. The stock’s average target of $8.67 is 253.88% above today’s ($2.45) share price. VUZI was included in 4 notes of analysts from March 14, 2019. Chardan Capital Markets maintained the stock with “Buy” rating in Thursday, March 14 report. The stock of Vuzix Corporation (NASDAQ:VUZI) has “Buy” rating given on Monday, March 18 by Maxim Group. The firm has “Buy” rating by Alliance Global Partners given on Friday, March 15.

More notable recent Vuzix Corporation (NASDAQ:VUZI) news were published by: Finance.Yahoo.com which released: “What Kind Of Shareholders Own Vuzix Corporation (NASDAQ:VUZI)? – Yahoo Finance” on May 17, 2019, also Seekingalpha.com with their article: “Vuzix Update: The Future Is Here, So Are The Problems – Seeking Alpha” published on May 23, 2019, Finance.Yahoo.com published: “Vuzix Blade Facial Recognition Capabilities for Security Operations to be Showcased at the Global Security Exchange – Yahoo Finance” on September 05, 2019. More interesting news about Vuzix Corporation (NASDAQ:VUZI) were released by: Streetinsider.com and their article: “Vuzix Corp. (VUZI) Secures Follow-On Smart Glasses Order from 1Minuut Innovation for Healthcare Industry Deployments – StreetInsider.com” published on August 20, 2019 as well as Seekingalpha.com‘s news article titled: “Vuzix’s Collaboration With South African Fugitive Could Seal Fate – Seeking Alpha” with publication date: May 28, 2019.

Vuzix Corporation (NASDAQ:VUZI) Institutional Positions Chart

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