Mount Yale Investment Advisors LLC Makes New $87,000 Investment in Vuzix Co. (NASDAQ:VUZI)

Mount Yale Investment Advisors LLC purchased a new position in Vuzix Co. (NASDAQ:VUZI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 22,100 shares of the company’s stock, valued at approximately $87,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. XTX Topco Ltd bought a new position in Vuzix in the second quarter valued at $32,000. Sei Investments Co. purchased a new position in shares of Vuzix in the 2nd quarter worth about $33,000. Point72 DIFC Ltd bought a new position in shares of Vuzix during the 2nd quarter valued at about $42,000. Cubist Systematic Strategies LLC purchased a new position in shares of Vuzix during the 2nd quarter valued at about $57,000. Finally, Renaissance Technologies LLC raised its holdings in shares of Vuzix by 24.2% during the 2nd quarter. Renaissance Technologies LLC now owns 65,200 shares of the company’s stock valued at $88,000 after buying an additional 12,700 shares in the last quarter. Hedge funds and other institutional investors own 35.87% of the company’s stock.

Vuzix Price Performance

Shares of NASDAQ VUZI opened at $3.40 on Thursday. The stock has a market capitalization of $250.29 million, a P/E ratio of -2.74 and a beta of 1.62. Vuzix Co. has a one year low of $0.83 and a one year high of $5.79. The firm’s 50 day simple moving average is $3.40 and its two-hundred day simple moving average is $1.91.

Vuzix Company Profile

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.