Connors Investor Services Inc. Purchases 5,000 Shares of Gauzy Ltd. $GAUZ

Connors Investor Services Inc. lifted its position in Gauzy Ltd. (NASDAQ:GAUZ) by 45.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,000 shares of the company’s stock after purchasing an additional 5,000 shares during the quarter. Connors Investor Services Inc. owned about 0.08% of Gauzy worth $135,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Signaturefd LLC bought a new stake in shares of Gauzy in the first quarter worth about $28,000. SouthState Corp bought a new stake in Gauzy during the first quarter worth approximately $56,000. Kingsview Wealth Management LLC bought a new stake in Gauzy during the first quarter worth approximately $82,000. Wealth Enhancement Advisory Services LLC purchased a new stake in Gauzy during the second quarter valued at approximately $95,000. Finally, Kodai Capital Management LP raised its position in Gauzy by 11.2% during the first quarter. Kodai Capital Management LP now owns 44,473 shares of the company’s stock valued at $356,000 after purchasing an additional 4,473 shares during the period.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Weiss Ratings restated a “sell (e+)” rating on shares of Gauzy in a research report on Wednesday, October 8th. Barclays decreased their price objective on Gauzy from $13.00 to $10.00 and set an “overweight” rating on the stock in a research report on Thursday, August 14th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Gauzy has a consensus rating of “Hold” and a consensus target price of $11.00.

Gauzy Stock Down 4.0%

Shares of NASDAQ:GAUZ opened at $6.18 on Thursday. Gauzy Ltd. has a 1 year low of $4.54 and a 1 year high of $13.00. The business has a 50 day simple moving average of $5.93 and a two-hundred day simple moving average of $7.40. The firm has a market capitalization of $117.73 million, a PE ratio of -3.01 and a beta of -0.57. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.66 and a quick ratio of 0.41.

About Gauzy

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.