Vuzix Corporation (NASDAQ:VUZI) insider Paul J. Travers purchased 2,750 shares of the company’s stock in a transaction dated Friday, January 20th. The shares were purchased at an average price of $6.55 per share, for a total transaction of $18,012.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Vuzix Corporation (NASDAQ:VUZI) opened at 6.40 on Wednesday. The firm’s 50-day moving average is $7.00 and its 200 day moving average is $7.67. The firm’s market capitalization is $112.38 million. Vuzix Corporation has a 12 month low of $4.30 and a 12 month high of $9.80.
Vuzix Corporation (NASDAQ:VUZI) last posted its quarterly earnings results on Monday, November 14th. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.24) by $0.08. Vuzix Corporation had a negative return on equity of 128.13% and a negative net margin of 746.17%. Equities analysts predict that Vuzix Corporation will post ($1.07) earnings per share for the current year.
Hedge funds and other institutional investors have recently bought and sold shares of the company. KCG Holdings Inc. acquired a new position in Vuzix Corporation during the third quarter worth about $102,000. PEAK6 Investments L.P. acquired a new position in Vuzix Corporation during the second quarter worth about $117,000. Northern Trust Corp increased its position in Vuzix Corporation by 12.3% in the third quarter. Northern Trust Corp now owns 17,742 shares of the company’s stock worth $157,000 after buying an additional 1,946 shares during the last quarter. Thompson Davis & CO. Inc. increased its position in Vuzix Corporation by 250.4% in the third quarter. Thompson Davis & CO. Inc. now owns 21,900 shares of the company’s stock worth $194,000 after buying an additional 15,650 shares during the last quarter. Finally, Atria Investments LLC increased its position in Vuzix Corporation by 12.2% in the third quarter. Atria Investments LLC now owns 22,047 shares of the company’s stock worth $195,000 after buying an additional 2,402 shares during the last quarter. Institutional investors own 7.67% of the company’s stock.
VUZI has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of Vuzix Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, October 19th. Chardan Capital set a $10.00 target price on shares of Vuzix Corporation and gave the stock a “buy” rating in a research report on Thursday, December 1st. Finally, Maxim Group started coverage on shares of Vuzix Corporation in a research report on Friday, October 28th. They set a “buy” rating and a $11.00 target price on the stock.