MicroVision, Inc. (NASDAQ:MVIS) Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC increased its stake in MicroVision, Inc. (NASDAQ:MVIS) by 166.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,100 shares of the electronics maker’s stock after purchasing an additional 58,100 shares during the period. International Assets Investment Management LLC’s holdings in MicroVision were worth $248,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. SG Americas Securities LLC lifted its stake in MicroVision by 202.2% during the 4th quarter. SG Americas Securities LLC now owns 112,893 shares of the electronics maker’s stock valued at $300,000 after acquiring an additional 75,534 shares during the period. Jump Financial LLC acquired a new stake in MicroVision during the 3rd quarter valued at approximately $706,000. Vanguard Group Inc. lifted its stake in MicroVision by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 13,243,413 shares of the electronics maker’s stock valued at $29,003,000 after acquiring an additional 159,561 shares during the period. Quadrature Capital Ltd acquired a new stake in MicroVision during the 3rd quarter valued at approximately $87,000. Finally, Quantbot Technologies LP acquired a new stake in MicroVision during the 3rd quarter valued at approximately $208,000. 30.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Cantor Fitzgerald restated a “neutral” rating and set a $3.00 price objective on shares of MicroVision in a research note on Friday, March 1st.

MicroVision Price Performance

NASDAQ:MVIS opened at $1.50 on Friday. The firm has a market cap of $292.91 million, a price-to-earnings ratio of -3.33 and a beta of 3.00. The company has a 50 day moving average price of $1.86 and a 200-day moving average price of $2.19. MicroVision, Inc. has a 1-year low of $1.34 and a 1-year high of $8.20.

MicroVision (NASDAQ:MVIS) last posted its earnings results on Wednesday, February 28th. The electronics maker reported ($0.10) earnings per share for the quarter. The firm had revenue of $5.10 million for the quarter. MicroVision had a negative net margin of 1,141.23% and a negative return on equity of 84.29%. On average, sell-side analysts anticipate that MicroVision, Inc. will post -0.49 earnings per share for the current fiscal year.

MicroVision Profile

MicroVision, Inc develops and sells lidar sensors and software used in automotive safety and autonomous driving applications. It offers a suite of light detection and ranging (lidar) sensors and perception; and validation software for automotive OEMs, advanced driver-assistance systems, and autonomous vehicle applications, as well as non-automotive applications including industrial, robotics, and smart infrastructure.