Swiss National Bank Decreases Stock Holdings in MicroVision, Inc. (NASDAQ:MVIS)

Swiss National Bank reduced its stake in shares of MicroVision, Inc. (NASDAQ:MVISFree Report) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 370,100 shares of the electronics maker’s stock after selling 12,700 shares during the quarter. Swiss National Bank’s holdings in MicroVision were worth $984,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SG Americas Securities LLC grew its position in MicroVision by 202.2% during the fourth quarter. SG Americas Securities LLC now owns 112,893 shares of the electronics maker’s stock worth $300,000 after buying an additional 75,534 shares during the period. Jump Financial LLC acquired a new position in MicroVision during the third quarter worth about $706,000. Vanguard Group Inc. grew its position in MicroVision by 1.2% during the third quarter. Vanguard Group Inc. now owns 13,243,413 shares of the electronics maker’s stock worth $29,003,000 after buying an additional 159,561 shares during the period. Quadrature Capital Ltd acquired a new position in MicroVision during the third quarter worth about $87,000. Finally, MCF Advisors LLC lifted its holdings in shares of MicroVision by 2.7% in the fourth quarter. MCF Advisors LLC now owns 1,009,746 shares of the electronics maker’s stock valued at $2,686,000 after purchasing an additional 27,000 shares in the last quarter. 30.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $3.00 price target on shares of MicroVision in a report on Friday, March 1st.

Read Our Latest Report on MVIS

MicroVision Price Performance

Shares of NASDAQ MVIS opened at $1.15 on Friday. MicroVision, Inc. has a 12-month low of $1.09 and a 12-month high of $8.20. The company has a market capitalization of $237.66 million, a PE ratio of -2.45 and a beta of 3.06. The firm’s 50-day moving average is $1.48 and its two-hundred day moving average is $2.07.

MicroVision (NASDAQ:MVISGet Free Report) last announced its earnings results on Thursday, May 9th. The electronics maker reported ($0.13) earnings per share (EPS) for the quarter. MicroVision had a negative return on equity of 90.04% and a negative net margin of 1,212.54%. The firm had revenue of $0.96 million for the quarter. During the same quarter in the prior year, the business posted ($0.11) EPS. On average, analysts forecast that MicroVision, Inc. will post -0.49 EPS for the current fiscal year.

MicroVision Company Profile

(Free Report)

MicroVision, Inc develops and sells lidar sensors and software used in automotive safety and autonomous driving applications. It offers a suite of light detection and ranging (lidar) sensors and perception; and validation software for automotive OEMs, advanced driver-assistance systems, and autonomous vehicle applications, as well as non-automotive applications including industrial, robotics, and smart infrastructure.

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Institutional Ownership by Quarter for MicroVision (NASDAQ:MVIS)

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