Vuzix (VUZI) Reaches $6.70 After 9.00% Down Move; Blackrock Municipal Income Trust Has 1.38 Sentiment

April 23, 2018 - By Henry Gaston

Vuzix Corporation (NASDAQ:VUZI) Logo

Blackrock Municipal Income Trust (BFK) investors sentiment increased to 1.38 in Q4 2017. It’s up 0.38, from 1 in 2017Q3. The ratio is positive, as 18 hedge funds increased or started new equity positions, while 13 trimmed and sold positions in Blackrock Municipal Income Trust. The hedge funds in our database now hold: 2.82 million shares, down from 2.88 million shares in 2017Q3. Also, the number of hedge funds holding Blackrock Municipal Income Trust in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 9 Increased: 10 New Position: 8.

The stock of Vuzix Corporation (NASDAQ:VUZI) is a huge mover today! The stock decreased 3.60% or $0.25 during the last trading session, reaching $6.7. About 174,725 shares traded. Vuzix Corporation (NASDAQ:VUZI) has declined 2.48% since April 23, 2017 and is downtrending. It has underperformed by 14.03% the S&P500.The move comes after 5 months negative chart setup for the $182.92 million company. It was reported on Apr, 23 by Barchart.com. We have $6.10 PT which if reached, will make NASDAQ:VUZI worth $16.46 million less.

Since December 14, 2017, it had 5 insider buys, and 0 selling transactions for $117,730 activity. 3,252 Vuzix Corporation (NASDAQ:VUZI) shares with value of $19,940 were bought by Travers Paul J. Harned Timothy Heydenreich had bought 2,500 shares worth $15,020. 5,000 Vuzix Corporation (NASDAQ:VUZI) shares with value of $28,720 were bought by Boris Paul A. On Thursday, March 22 Russell Grant bought $30,495 worth of Vuzix Corporation (NASDAQ:VUZI) or 5,000 shares.

Vuzix Corporation designs, manufactures, markets, and sells wearable display devices in the United States and internationally. The company has market cap of $182.92 million. The companyÂ’s products are worn like eyeglasses that enable the user to view video and digital content, such as movies, computer data, the Internet, or video games. It currently has negative earnings. The Company’s products include binocular wearable displays that contain two micro displays mounted in a frame attached to eyeglass-style temples or stereo headphones; monocular smart glasses products for the enterprise, industrial, and commercial markets, as well as video headphones; augmented reality products, which provide the user a live, direct or indirect, view of a physical, and real-world environment; and video viewing glasses as mobile displays for entertainment and gaming for on-the-go users, as well as support for stepping into virtual worlds, simulations, and virtual reality gaming.

Investors sentiment increased to 3 in 2017 Q4. Its up 1.91, from 1.09 in 2017Q3. It improved, as 3 investors sold Vuzix Corporation shares while 4 reduced holdings. 10 funds opened positions while 11 raised stakes. 2.06 million shares or 12.84% more from 1.83 million shares in 2017Q3 were reported. Pennsylvania-based Valley Natl Advisers has invested 0% in Vuzix Corporation (NASDAQ:VUZI). Deutsche Savings Bank Ag holds 0% of its portfolio in Vuzix Corporation (NASDAQ:VUZI) for 1,515 shares. Alpine Mgmt Ltd holds 0.02% or 13,726 shares in its portfolio. Moreover, Raymond James And Associate has 0% invested in Vuzix Corporation (NASDAQ:VUZI). Lpl Finance Ltd Limited Liability Company invested in 0% or 19,011 shares. Virtu Financial Lc has invested 0.01% in Vuzix Corporation (NASDAQ:VUZI). Vanguard reported 0% in Vuzix Corporation (NASDAQ:VUZI). Goldman Sachs Grp stated it has 0% in Vuzix Corporation (NASDAQ:VUZI). Oz Mgmt L P has 57,500 shares. 54,986 were accumulated by Citadel Advsrs Limited Liability Com. Livingston Grp Inc Asset Management Comm (Operating As Southport Cap Management) holds 0.02% or 10,000 shares in its portfolio. Northern Corp invested in 0% or 38,671 shares. Natl Bank Of Montreal Can owns 0% invested in Vuzix Corporation (NASDAQ:VUZI) for 244,400 shares. Qci Asset New York, New York-based fund reported 5,700 shares. Susquehanna Gru Limited Liability Partnership accumulated 0% or 328,271 shares.

Among 5 analysts covering Vuzix (NASDAQ:VUZI), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Vuzix had 17 analyst reports since August 17, 2015 according to SRatingsIntel. On Tuesday, March 20 the stock rating was maintained by Maxim Group with “Buy”. The rating was maintained by Maxim Group on Wednesday, August 2 with “Buy”. The stock of Vuzix Corporation (NASDAQ:VUZI) has “Buy” rating given on Tuesday, January 30 by Maxim Group. On Tuesday, December 26 the stock rating was maintained by Chardan Capital Markets with “Buy”. The stock of Vuzix Corporation (NASDAQ:VUZI) earned “Buy” rating by Maxim Group on Friday, October 28. On Monday, August 17 the stock rating was maintained by Chardan Capital Markets with “Buy”. The stock has “Buy” rating by Chardan Capital Markets on Monday, September 28. The rating was maintained by Maxim Group with “Buy” on Friday, November 10. On Thursday, December 10 the stock rating was initiated by Rodman & Renshaw with “Buy”. Maxim Group maintained Vuzix Corporation (NASDAQ:VUZI) rating on Monday, June 26. Maxim Group has “Buy” rating and $1100 target.

Vuzix Corporation (NASDAQ:VUZI) Institutional Positions Chart

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By1 Henry Gaston

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