HUB Investment Partners LLC Takes $115,000 Position in SEALSQ Corp (NASDAQ:LAES)

HUB Investment Partners LLC acquired a new stake in SEALSQ Corp (NASDAQ:LAES) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 18,650 shares of the company’s stock, valued at approximately $115,000.

Other hedge funds have also modified their holdings of the company. Private Advisor Group LLC acquired a new stake in shares of SEALSQ in the fourth quarter valued at $84,000. Bravias Capital Group LLC purchased a new stake in SEALSQ during the 4th quarter worth about $141,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of SEALSQ during the 4th quarter worth about $707,000. 1.25% of the stock is currently owned by institutional investors and hedge funds.

SEALSQ Stock Down 3.9 %

NASDAQ:LAES opened at $2.98 on Friday. SEALSQ Corp has a 1 year low of $0.29 and a 1 year high of $11.00. The company has a quick ratio of 3.20, a current ratio of 3.58 and a debt-to-equity ratio of 3.55. The stock has a 50-day simple moving average of $3.44 and a 200-day simple moving average of $2.25.

SEALSQ Profile

SEALSQ Corp, together with its subsidiaries, designs, develops, and markets semiconductor chips in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. It offers semiconductors, such as VaultIC secure elements, secure arm platform, and smart card reader chips; identity provisioning services, such as IoT device provisioning and chip provisioning; and managed PKI for IoT solutions and trust services.