12,650 Shares in Vuzix Co. (NASDAQ:VUZI) Acquired by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP purchased a new stake in Vuzix Co. (NASDAQ:VUZI) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 12,650 shares of the company’s stock, valued at approximately $50,000.

Several other institutional investors also recently made changes to their positions in VUZI. MFG Wealth Management Inc. acquired a new position in Vuzix in the fourth quarter valued at $1,075,000. Headlands Technologies LLC lifted its stake in shares of Vuzix by 141,419.4% in the 4th quarter. Headlands Technologies LLC now owns 101,894 shares of the company’s stock valued at $401,000 after purchasing an additional 101,822 shares in the last quarter. Harbour Investments Inc. grew its holdings in shares of Vuzix by 1,599.1% during the 4th quarter. Harbour Investments Inc. now owns 91,379 shares of the company’s stock worth $360,000 after purchasing an additional 86,001 shares during the period. Virtu Financial LLC acquired a new stake in Vuzix during the 4th quarter worth approximately $214,000. Finally, Geode Capital Management LLC raised its holdings in Vuzix by 7.8% in the fourth quarter. Geode Capital Management LLC now owns 725,827 shares of the company’s stock valued at $2,860,000 after buying an additional 52,365 shares during the period. 35.87% of the stock is owned by hedge funds and other institutional investors.

Vuzix Stock Down 1.2 %

VUZI opened at $1.65 on Tuesday. Vuzix Co. has a 52-week low of $0.83 and a 52-week high of $5.79. The company has a 50 day moving average of $2.71 and a two-hundred day moving average of $2.60. The company has a market cap of $125.80 million, a P/E ratio of -1.33 and a beta of 1.72.

Vuzix (NASDAQ:VUZI) last announced its quarterly earnings results on Thursday, March 13th. The company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.04). Vuzix had a negative return on equity of 139.39% and a negative net margin of 1,437.17%. The business had revenue of $1.27 million for the quarter, compared to analysts’ expectations of $1.53 million.

About Vuzix

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.