Gauzy Ltd. $GAUZ Shares Purchased by Zimmer Partners LP

Zimmer Partners LP increased its stake in shares of Gauzy Ltd. (NASDAQ:GAUZ) by 3.7% in the 1st quarter, HoldingsChannel reports. The firm owned 673,958 shares of the company’s stock after purchasing an additional 24,055 shares during the period. Zimmer Partners LP’s holdings in Gauzy were worth $5,392,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Signaturefd LLC acquired a new position in Gauzy during the 1st quarter worth $28,000. Citadel Advisors LLC grew its stake in Gauzy by 4.9% during the 4th quarter. Citadel Advisors LLC now owns 441,864 shares of the company’s stock worth $4,379,000 after purchasing an additional 20,674 shares in the last quarter. Northern Trust Corp acquired a new position in shares of Gauzy during the 4th quarter worth about $505,000. Kingsview Wealth Management LLC purchased a new position in shares of Gauzy in the 1st quarter valued at about $82,000. Finally, Schechter Investment Advisors LLC purchased a new position in shares of Gauzy in the 1st quarter valued at about $2,782,000.

Analyst Ratings Changes

Several equities research analysts recently weighed in on GAUZ shares. Wall Street Zen cut Gauzy from a “hold” rating to a “sell” rating in a research note on Thursday, May 22nd. B. Riley decreased their target price on Gauzy from $14.00 to $13.00 and set a “buy” rating for the company in a research note on Thursday, May 15th. Finally, Barclays decreased their target price on Gauzy from $13.00 to $10.00 and set an “overweight” rating for the company in a research note on Thursday, August 14th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $11.00.

Gauzy Price Performance

GAUZ stock opened at $5.11 on Tuesday. The stock has a market cap of $97.35 million, a price-to-earnings ratio of -2.49 and a beta of -0.89. The company has a quick ratio of 0.41, a current ratio of 0.66 and a debt-to-equity ratio of 1.97. Gauzy Ltd. has a fifty-two week low of $4.54 and a fifty-two week high of $13.00. The business has a 50 day moving average price of $6.34 and a 200 day moving average price of $8.10.

About Gauzy

Gauzy Ltd. is a fully-integrated light and vision control company which focused on the research, development, manufacturing and marketing of vision and light control technologies. It operates principally in Germany, France, the United States, Canada, China, Singapore and Dubai. Gauzy Ltd. is headquartered in Tel Aviv, Israel.