Were Analysts Bullish Vuzix Corporation (NASDAQ:VUZI) This Week?

April 22, 2018 - By Winifred Garcia

Vuzix Corporation (NASDAQ:VUZI) LogoInvestors sentiment increased to 3 in 2017 Q4. Its up 1.91, from 1.09 in 2017Q3. It increased, as 3 investors sold Vuzix Corporation shares while 4 reduced holdings. 10 funds opened positions while 11 raised stakes. 2.06 million shares or 12.84% more from 1.83 million shares in 2017Q3 were reported.
Blackrock invested in 0% or 282,059 shares. Lpl Finance Ltd Liability Corporation holds 0% or 19,011 shares in its portfolio. One Trading Limited Partnership owns 10,102 shares or 0% of their US portfolio. Germany-based Deutsche National Bank Ag has invested 0% in Vuzix Corporation (NASDAQ:VUZI). Northern accumulated 38,671 shares. Barclays Public Limited stated it has 0% in Vuzix Corporation (NASDAQ:VUZI). Gsa Cap Prtnrs Ltd Liability Partnership invested in 27,900 shares or 0.01% of the stock. Goldman Sachs Grp reported 15,275 shares. Alpine Glob Mgmt Limited Liability Corp has 0.02% invested in Vuzix Corporation (NASDAQ:VUZI). Oz Management Limited Partnership invested 0% of its portfolio in Vuzix Corporation (NASDAQ:VUZI). Virtu Ltd Liability Corp has 15,120 shares. Qci Asset Mgmt Ny holds 0% of its portfolio in Vuzix Corporation (NASDAQ:VUZI) for 5,700 shares. Royal Bancshares Of Canada accumulated 0% or 22,388 shares. The California-based Wells Fargo And Co Mn has invested 0% in Vuzix Corporation (NASDAQ:VUZI). Livingston Grp Inc Asset (Operating As Southport Cap Management) holds 0.02% or 10,000 shares in its portfolio.

Since December 14, 2017, it had 5 insider purchases, and 0 insider sales for $117,730 activity. $19,940 worth of Vuzix Corporation (NASDAQ:VUZI) shares were bought by Travers Paul J. The insider Russell Grant bought 5,000 shares worth $30,495. 2,500 shares were bought by Harned Timothy Heydenreich, worth $15,020 on Thursday, December 14.

Vuzix Corporation (NASDAQ:VUZI) Ratings Coverage

Among 3 analysts covering Vuzix Corporation (NASDAQ:VUZI), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Vuzix Corporation had 6 analyst reports since November 10, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Monday, January 8 by Chardan Capital Markets. The firm has “Buy” rating given on Monday, January 8 by Craig Hallum. As per Tuesday, December 26, the company rating was maintained by Chardan Capital Markets. Maxim Group maintained the stock with “Buy” rating in Friday, November 10 report. Maxim Group maintained it with “Buy” rating and $13.0 target in Tuesday, January 30 report. The stock of Vuzix Corporation (NASDAQ:VUZI) earned “Buy” rating by Maxim Group on Tuesday, March 20. Below is a list of Vuzix Corporation (NASDAQ:VUZI) latest ratings and price target changes.

20/03/2018 Broker: Maxim Group Old Rating: Buy New Rating: Buy Old Target: $13 New Target: $11 Maintain
30/01/2018 Broker: Maxim Group Rating: Buy New Target: $13.0 Maintain
08/01/2018 Broker: Chardan Capital Markets Rating: Buy New Target: $10.0 Maintain
08/01/2018 Broker: Craig Hallum Rating: Buy New Target: $12.0 Initiate
26/12/2017 Broker: Chardan Capital Markets Rating: Buy New Target: $10.0 Maintain
10/11/2017 Broker: Maxim Group Rating: Buy New Target: $11.0 Maintain

The stock increased 5.30% or $0.35 during the last trading session, reaching $6.95. About 278,476 shares traded. Vuzix Corporation (NASDAQ:VUZI) has declined 2.48% since April 22, 2017 and is downtrending. It has underperformed by 14.03% the S&P500.

Vuzix Corporation designs, manufactures, markets, and sells wearable display devices in the United States and internationally. The company has market cap of $189.74 million. The companyÂ’s products are worn like eyeglasses that enable the user to view video and digital content, such as movies, computer data, the Internet, or video games. It currently has negative earnings. The Company’s products include binocular wearable displays that contain two micro displays mounted in a frame attached to eyeglass-style temples or stereo headphones; monocular smart glasses products for the enterprise, industrial, and commercial markets, as well as video headphones; augmented reality products, which provide the user a live, direct or indirect, view of a physical, and real-world environment; and video viewing glasses as mobile displays for entertainment and gaming for on-the-go users, as well as support for stepping into virtual worlds, simulations, and virtual reality gaming.

Vuzix Corporation (NASDAQ:VUZI) Institutional Positions Chart

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