Taylor Frigon Capital Management LLC Lowers Stock Holdings in Vuzix Co. (NASDAQ:VUZI)

Taylor Frigon Capital Management LLC trimmed its holdings in shares of Vuzix Co. (NASDAQ:VUZI) by 46.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 357,602 shares of the company’s stock after selling 309,628 shares during the period. Taylor Frigon Capital Management LLC’s holdings in Vuzix were worth $1,409,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in VUZI. Simmons Bank raised its holdings in Vuzix by 94.7% in the 4th quarter. Simmons Bank now owns 58,800 shares of the company’s stock worth $232,000 after acquiring an additional 28,600 shares during the last quarter. Kellett Wealth Advisors LLC purchased a new position in Vuzix in the 4th quarter worth approximately $41,000. Sprott Inc. purchased a new position in Vuzix in the 4th quarter worth approximately $39,000. Root Financial Partners LLC purchased a new position in Vuzix in the 4th quarter worth approximately $41,000. Finally, MFG Wealth Management Inc. purchased a new position in Vuzix in the 4th quarter worth approximately $1,075,000. 35.87% of the stock is currently owned by hedge funds and other institutional investors.

Vuzix Stock Up 9.4 %

Shares of NASDAQ VUZI opened at $3.15 on Thursday. Vuzix Co. has a twelve month low of $0.83 and a twelve month high of $5.79. The firm has a market cap of $231.89 million, a P/E ratio of -2.54 and a beta of 1.61. The company has a 50 day moving average of $3.93 and a 200 day moving average of $2.29.

About Vuzix

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.