Squarepoint Ops LLC Boosts Stock Position in View, Inc. (NASDAQ:VIEW)

Squarepoint Ops LLC grew its stake in shares of View, Inc. (NASDAQ:VIEW) by 49.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,939 shares of the company’s stock after buying an additional 6,295 shares during the period. Squarepoint Ops LLC’s holdings in View were worth $161,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Moors & Cabot Inc. lifted its holdings in View by 15.9% in the 2nd quarter. Moors & Cabot Inc. now owns 17,100 shares of the company’s stock worth $145,000 after purchasing an additional 2,350 shares in the last quarter. Stifel Financial Corp lifted its holdings in View by 4.8% in the 2nd quarter. Stifel Financial Corp now owns 64,479 shares of the company’s stock worth $547,000 after purchasing an additional 2,933 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in View by 25.8% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 14,736 shares of the company’s stock worth $125,000 after purchasing an additional 3,020 shares in the last quarter. Kistler Tiffany Companies LLC purchased a new position in View in the 2nd quarter worth approximately $29,000. Finally, Royal Bank of Canada purchased a new position in View in the 1st quarter worth approximately $27,000. 52.13% of the stock is currently owned by hedge funds and other institutional investors.

VIEW stock opened at $4.08 on Thursday. View, Inc. has a 52 week low of $3.45 and a 52 week high of $13.31. The company has a current ratio of 12.79, a quick ratio of 12.62 and a debt-to-equity ratio of 0.02. The company has a fifty day simple moving average of $5.26 and a two-hundred day simple moving average of $6.31.

A number of research analysts recently commented on VIEW shares. Zacks Investment Research cut View from a “hold” rating to a “sell” rating in a report on Saturday, October 9th. Raymond James decreased their price objective on View from $11.00 to $9.00 and set an “outperform” rating on the stock in a report on Tuesday, October 5th. Finally, The Goldman Sachs Group lowered shares of View from a “buy” rating to a “neutral” rating and cut their target price for the company from $6.00 to $5.00 in a report on Tuesday, November 16th.

View Profile

View Operating Corporation, a technology company, develops, manufactures, and sells smart building products. Its product portfolio includes View Smart Glass that comprise electrochromic glass panels in the form of insulating glass units; View Net, a cloud-connected network infrastructure offering that can incorporate and power smart building devices; View Immersive Experiences, which transforms View Smart Glass windows into transparent, digital, and interactive surfaces; View Sense modules to measure and optimize light, humidity, temperature, air quality, dust, and noise; and View Smart Protect, an intrusion detection solution that can be deployed on View Smart Glass windows to improve the security of a building by detecting glass breakage.

See Also: Diversification

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Institutional Ownership by Quarter for View (NASDAQ:VIEW)

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