Creative Financial Designs Inc. ADV Invests $135,000 in Gorilla Technology Group Inc. (NASDAQ:GRRR)

Creative Financial Designs Inc. ADV acquired a new stake in shares of Gorilla Technology Group Inc. (NASDAQ:GRRR) in the fourth quarter, Holdings Channel reports. The fund acquired 7,500 shares of the company’s stock, valued at approximately $135,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC bought a new position in Gorilla Technology Group in the 4th quarter worth about $72,000. Commonwealth Equity Services LLC boosted its position in shares of Gorilla Technology Group by 41.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 39,991 shares of the company’s stock worth $722,000 after buying an additional 11,663 shares during the period. GSA Capital Partners LLP bought a new position in Gorilla Technology Group in the 3rd quarter worth approximately $55,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Gorilla Technology Group in the 4th quarter valued at approximately $1,389,000. 1.33% of the stock is currently owned by institutional investors.

Gorilla Technology Group Stock Performance

Gorilla Technology Group stock opened at $23.67 on Friday. Gorilla Technology Group Inc. has a 52 week low of $2.09 and a 52 week high of $44.15. The company’s 50-day moving average price is $22.29 and its two-hundred day moving average price is $12.26. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.72 and a quick ratio of 1.72.

Analyst Upgrades and Downgrades

Separately, Northland Securities increased their price target on Gorilla Technology Group from $13.00 to $18.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd.

About Gorilla Technology Group

Gorilla Technology Group Inc provides video intelligence, Internet of Things (IoT) security, and edge content management hardware, software, and services in the Asia Pacific region. The company operates through three segments: Video IoT, Security Convergence, and Other segments. It offers intelligent video analytics AI models for various verticals, such as behavioral analytics, people/face recognition, vehicle analysis, object recognition, and business intelligence that can scan video for patterns and distinguish specific items using AI algorithms and metadata.