MicroVision (NASDAQ:MVIS) Research Coverage Started at D. Boral Capital

D. Boral Capital initiated coverage on shares of MicroVision (NASDAQ:MVIS) in a research note released on Monday morning, MarketBeat Ratings reports. The brokerage issued a buy rating and a $3.00 target price on the electronics maker’s stock.

Several other research analysts have also issued reports on the stock. Westpark Capital increased their price target on shares of MicroVision from $1.30 to $2.00 and gave the stock a “buy” rating in a research report on Wednesday, January 22nd. StockNews.com raised shares of MicroVision to a “sell” rating in a report on Friday, December 20th.

MicroVision Stock Down 2.1 %

NASDAQ:MVIS opened at $1.38 on Monday. MicroVision has a 12-month low of $0.80 and a 12-month high of $2.70. The firm has a market capitalization of $302.25 million, a PE ratio of -3.37 and a beta of 2.87. The firm has a 50-day moving average price of $1.28 and a 200 day moving average price of $1.11.

Institutional Trading of MicroVision

Several hedge funds have recently modified their holdings of MVIS. SG Americas Securities LLC increased its holdings in shares of MicroVision by 38.4% during the third quarter. SG Americas Securities LLC now owns 104,005 shares of the electronics maker’s stock worth $119,000 after buying an additional 28,846 shares in the last quarter. Aaron Wealth Advisors LLC bought a new stake in shares of MicroVision during the third quarter valued at approximately $31,000. Allspring Global Investments Holdings LLC bought a new stake in shares of MicroVision during the third quarter valued at approximately $40,000. United Asset Strategies Inc. bought a new stake in shares of MicroVision during the third quarter valued at approximately $46,000. Finally, BSW Wealth Partners grew its stake in shares of MicroVision by 33.3% during the third quarter. BSW Wealth Partners now owns 400,000 shares of the electronics maker’s stock valued at $456,000 after purchasing an additional 100,000 shares during the last quarter. Institutional investors and hedge funds own 30.90% of the company’s stock.

MicroVision Company Profile

MicroVision, Inc develops and sells lidar sensors and software used in automotive safety and autonomous driving applications. It offers a suite of light detection and ranging (lidar) sensors and perception; and validation software for automotive OEMs, advanced driver-assistance systems, and autonomous vehicle applications, as well as non-automotive applications including industrial, robotics, and smart infrastructure.