raised its stake in shares of Luminar Technologies by 1.1% in the third quarter. now owns 19,672,111 shares of the company’s stock worth $143,311,000 after acquiring an additional 863,014 shares during the last quarter. raised its stake in shares of Luminar Technologies by 4.6% in the third quarter. Hedge Funds Weigh In On Luminar TechnologiesĪ number of institutional investors have recently modified their holdings of the stock. 43.25% of the stock is currently owned by insiders. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Following the completion of the purchase, the director now owns 46,503 shares in the company, valued at approximately $345,982.32. The stock was bought at an average cost of $7.44 per share, with a total value of $67,108.80. In related news, Director Jun Hong Heng bought 9,020 shares of the company’s stock in a transaction on Tuesday, December 13th. Based on data from, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $13.85. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. decreased their target price on shares of Luminar Technologies from $30.00 to $16.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 20th. They issued a “buy” rating and a $14.00 price target on the stock. Westpark Capital started coverage on shares of Luminar Technologies in a research report on Tuesday, November 1st. The Goldman Sachs Group raised their price target on shares of Luminar Technologies from $7.00 to $8.00 and gave the stock a “neutral” rating in a research report on Friday, November 4th. Citigroup decreased their price target on shares of Luminar Technologies from $21.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, December 7th. Several research firms have issued reports on LAZR. The stock had previously closed at $7.46. Approximately 13,727,491 shares changed hands during mid-day trading, an increase of 19% from the average daily volume of 11,495,848 shares.
The company traded as high as $7.89 and last traded at $7.79. ( NASDAQ:LAZR – Get Rating)’s stock price rose 4.4% during mid-day trading on Friday.
0 kommentar(er)
