Virtu Financial LLC bought a new stake in shares of Rekor Systems, Inc. (NASDAQ:REKR – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 34,355 shares of the company’s stock, valued at approximately $41,000.
Other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets grew its position in shares of Rekor Systems by 38.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 34,262 shares of the company’s stock valued at $40,000 after acquiring an additional 9,494 shares during the period. Lake Hills Wealth Management LLC lifted its position in Rekor Systems by 12.0% during the third quarter. Lake Hills Wealth Management LLC now owns 113,654 shares of the company’s stock valued at $134,000 after purchasing an additional 12,166 shares in the last quarter. SG Americas Securities LLC grew its holdings in Rekor Systems by 3.2% during the third quarter. SG Americas Securities LLC now owns 693,941 shares of the company’s stock valued at $819,000 after purchasing an additional 21,517 shares during the period. LexAurum Advisors LLC purchased a new stake in Rekor Systems in the third quarter worth about $39,000. Finally, Pure Portfolios Holdings LLC bought a new position in shares of Rekor Systems in the third quarter worth about $43,000. 45.71% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Separately, William Blair reiterated an “outperform” rating on shares of Rekor Systems in a research note on Friday, November 15th.
Rekor Systems Stock Performance
Shares of NASDAQ REKR opened at $0.82 on Friday. The stock has a market cap of $76.97 million, a PE ratio of -1.26 and a beta of 1.91. Rekor Systems, Inc. has a 1 year low of $0.78 and a 1 year high of $3.92. The firm has a fifty day moving average price of $1.00 and a 200-day moving average price of $1.29. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.76 and a quick ratio of 0.63.
Rekor Systems Profile
Rekor Systems, Inc, a technology company, provides infrastructure solutions for transportation, public safety, and urban mobility markets in the United States and internationally. The company's platforms include Rekor One, an AI-powered roadway intelligence platform; Rekor Command, a comprehensive cross-agency platform that offers various applications for traffic management centers, freeway service patrol, first responders, and maintenance crews; Rekor Discover, a platform that ingests data from its hardware and automates comprehensive analytics and actionable insights about the movement of objects across the roadway; and Rekor Scout platform, which automates previously manual processes with collaborative solutions that keep all stakeholders apprised of developing situations and accelerate reaction times to incidents and offenders.
Featured Stories
- Five stocks we like better than Rekor Systems
- The Basics of Support and Resistance
- Opal Fuels CEO on Steering the Future of Renewable Natural Gas
- Why Are These Companies Considered Blue Chips?
- MicroStrategy Joins Nasdaq-100: 2 Crypto Stocks Set to Win
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- 2 Underrated Quantum Computing Companies Starting to Rally
Want to see what other hedge funds are holding REKR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rekor Systems, Inc. (NASDAQ:REKR – Free Report).
Receive News & Ratings for Rekor Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rekor Systems and related companies with MarketBeat.com's FREE daily email newsletter.