Vuzix Corporation (NASDAQ:VUZI) COO Paul A. Boris bought 5,000 shares of the stock in a transaction dated Wednesday, October 4th. The shares were acquired at an average price of $5.20 per share, with a total value of $26,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Vuzix Corporation (NASDAQ:VUZI) traded up 4.90% during midday trading on Friday, hitting $5.35. 202,132 shares of the company traded hands. The stock’s market capitalization is $110.61 million. The company has a 50-day moving average price of $5.88 and a 200-day moving average price of $6.01. Vuzix Corporation has a 52 week low of $4.10 and a 52 week high of $8.70.

Vuzix Corporation (NASDAQ:VUZI) last posted its earnings results on Wednesday, August 9th. The company reported ($0.22) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.21) by ($0.01). Vuzix Corporation had a negative net margin of 524.82% and a negative return on equity of 143.10%. The firm had revenue of $1.33 million for the quarter. Analysts anticipate that Vuzix Corporation will post ($0.76) earnings per share for the current fiscal year.

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A number of large investors have recently bought and sold shares of the stock. ETF Managers Group LLC purchased a new stake in Vuzix Corporation during the second quarter valued at approximately $236,000. Vanguard Group Inc. lifted its position in Vuzix Corporation by 15.0% during the second quarter. Vanguard Group Inc. now owns 646,120 shares of the company’s stock valued at $4,232,000 after acquiring an additional 84,127 shares during the last quarter. GSA Capital Partners LLP lifted its position in Vuzix Corporation by 261.3% during the second quarter. GSA Capital Partners LLP now owns 38,300 shares of the company’s stock valued at $251,000 after acquiring an additional 27,700 shares during the last quarter. Carl Domino Inc lifted its position in Vuzix Corporation by 11.4% during the second quarter. Carl Domino Inc now owns 39,000 shares of the company’s stock valued at $255,000 after acquiring an additional 4,000 shares during the last quarter. Finally, KCG Holdings Inc. purchased a new stake in Vuzix Corporation during the first quarter valued at approximately $243,000. 8.60% of the stock is owned by institutional investors.

Several equities analysts have recently issued reports on VUZI shares. Maxim Group reiterated a “buy” rating and set a $11.00 target price on shares of Vuzix Corporation in a report on Wednesday, September 6th. Zacks Investment Research raised shares of Vuzix Corporation from a “hold” rating to a “buy” rating and set a $7.75 price target for the company in a research report on Thursday, July 13th.

Vuzix Corporation Company Profile

Vuzix Corporation designs, manufactures, markets, and sells wearable display devices in the United States and internationally. The company’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. Its 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.

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