Tudor Investment Corp ET AL Invests $61,000 in Vuzix Co. (NASDAQ:VUZI)

Tudor Investment Corp ET AL bought a new position in Vuzix Co. (NASDAQ:VUZI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 15,596 shares of the company’s stock, valued at approximately $61,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. MFG Wealth Management Inc. bought a new stake in shares of Vuzix during the 4th quarter worth $1,075,000. Geode Capital Management LLC increased its stake in shares of Vuzix by 3.9% in the third quarter. Geode Capital Management LLC now owns 673,462 shares of the company’s stock worth $788,000 after purchasing an additional 25,540 shares during the period. EVR Research LP acquired a new position in shares of Vuzix during the 4th quarter worth about $709,000. Invesco Ltd. bought a new stake in Vuzix during the 4th quarter valued at approximately $78,000. Finally, Charles Schwab Investment Management Inc. acquired a new stake in Vuzix in the 4th quarter valued at approximately $192,000. Institutional investors own 35.87% of the company’s stock.

Vuzix Stock Up 6.6 %

Shares of VUZI stock opened at $1.94 on Friday. The stock has a 50 day moving average of $2.00 and a 200-day moving average of $2.66. The firm has a market cap of $147.91 million, a PE ratio of -1.56 and a beta of 1.69. Vuzix Co. has a 12 month low of $0.83 and a 12 month high of $5.79.

Vuzix (NASDAQ:VUZI) last issued 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 net margin of 1,437.17% and a negative return on equity of 139.39%. The company had revenue of $1.27 million during the quarter, compared to the consensus estimate 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.