Walleye Capital LLC Sells 62,276 Shares of Gauzy (NASDAQ:GAUZ)

Walleye Capital LLC cut its stake in Gauzy (NASDAQ:GAUZ) by 20.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 242,174 shares of the company’s stock after selling 62,276 shares during the period. Walleye Capital LLC owned about 1.27% of Gauzy worth $2,148,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of GAUZ. Ibex Investors LLC bought a new position in shares of Gauzy during the second quarter valued at $40,030,000. Millennium Management LLC acquired a new position in Gauzy in the second quarter valued at about $2,824,000. Driehaus Capital Management LLC bought a new stake in Gauzy during the second quarter worth about $4,289,000. Ghisallo Capital Management LLC acquired a new stake in shares of Gauzy during the second quarter worth approximately $1,491,000. Finally, Empyrean Capital Partners LP bought a new position in shares of Gauzy in the second quarter valued at approximately $1,202,000.

Gauzy Price Performance

NASDAQ GAUZ opened at $8.24 on Wednesday. Gauzy has a 52 week low of $6.78 and a 52 week high of $17.10. The company has a quick ratio of 0.85, a current ratio of 1.16 and a debt-to-equity ratio of 0.40. The company has a fifty day moving average price of $8.71.

Analyst Ratings Changes

A number of equities research analysts recently commented on GAUZ shares. B. Riley decreased their price target on Gauzy from $15.50 to $14.00 and set a “buy” rating on the stock in a research report on Wednesday, November 13th. TD Cowen decreased their target price on Gauzy from $24.00 to $18.00 and set a “buy” rating on the stock in a report on Friday, November 1st. Finally, Barclays cut their price target on Gauzy from $24.00 to $15.00 and set an “overweight” rating for the company in a report on Wednesday, November 13th.

Gauzy Profile

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.