T3 Companies LLC Invests $1.11 Million in A2Z Cust2Mate Solutions Corp. $AZ

T3 Companies LLC purchased a new position in shares of A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 170,900 shares of the company’s stock, valued at approximately $1,113,000. A2Z Cust2Mate Solutions accounts for about 1.4% of T3 Companies LLC’s holdings, making the stock its 10th biggest position.

Several other large investors have also modified their holdings of the stock. BlackDiamond Wealth Management LLC lifted its position in shares of A2Z Cust2Mate Solutions by 315.3% during the fourth quarter. BlackDiamond Wealth Management LLC now owns 45,911 shares of the company’s stock worth $296,000 after purchasing an additional 34,857 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in shares of A2Z Cust2Mate Solutions during the fourth quarter worth about $819,000. Mountain Hill Investment Partners Corp. lifted its position in shares of A2Z Cust2Mate Solutions by 78.7% during the fourth quarter. Mountain Hill Investment Partners Corp. now owns 246,119 shares of the company’s stock worth $1,602,000 after purchasing an additional 108,400 shares during the last quarter. Red Door Wealth Management LLC bought a new position in shares of A2Z Cust2Mate Solutions during the fourth quarter worth about $91,000. Finally, Woodward Diversified Capital LLC bought a new position in shares of A2Z Cust2Mate Solutions during the fourth quarter worth about $192,000. Institutional investors own 12.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Zacks Research raised shares of A2Z Cust2Mate Solutions to a “hold” rating in a research report on Monday, March 30th. Northland Securities assumed coverage on shares of A2Z Cust2Mate Solutions in a research report on Friday, March 27th. They set an “outperform” rating and a $15.00 price target on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of A2Z Cust2Mate Solutions in a report on Monday, April 20th. Finally, Wall Street Zen raised shares of A2Z Cust2Mate Solutions from a “sell” rating to a “hold” rating in a report on Saturday, April 18th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $15.00.

A2Z Cust2Mate Solutions Stock Down 1.2%

Shares of NASDAQ AZ opened at $5.93 on Thursday. The firm’s 50-day moving average price is $7.12 and its two-hundred day moving average price is $6.61. A2Z Cust2Mate Solutions Corp. has a 52-week low of $4.97 and a 52-week high of $12.36. The stock has a market capitalization of $264.12 million, a P/E ratio of -5.81 and a beta of 1.13.

A2Z Cust2Mate Solutions (NASDAQ:AZ) last issued its earnings results on Friday, May 15th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.03). A2Z Cust2Mate Solutions had a negative return on equity of 62.55% and a negative net margin of 415.62%.The business had revenue of $3.32 million during the quarter, compared to the consensus estimate of $3.06 million. As a group, equities research analysts expect that A2Z Cust2Mate Solutions Corp. will post -0.51 earnings per share for the current year.

A2Z Cust2Mate Solutions announced that its Board of Directors has approved a stock repurchase plan on Friday, March 27th that permits the company to repurchase $20.00 million in outstanding shares. This repurchase authorization permits the company to reacquire up to 7.2% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

About A2Z Cust2Mate Solutions

A2Z Smart Technologies Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts. It offers Cust2Mate system, which incorporates a smart cart that automatically calculates the value of the customers purchases in their smart cart without having to unload and reload their purchases at a customer checkout point.