Traders Purchase Large Volume of VisionWave Call Options (NASDAQ:VWAV)

VisionWave Holdings Inc (NASDAQ:VWAVGet Free Report) was the recipient of some unusual options trading activity on Thursday. Stock traders purchased 5,501 call options on the stock. This represents an increase of approximately 426% compared to the average volume of 1,046 call options.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of VisionWave in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Get Our Latest Report on VWAV

Institutional Trading of VisionWave

An institutional investor recently bought a new position in VisionWave stock. Yorkville Advisors Global LP acquired a new stake in shares of VisionWave Holdings Inc (NASDAQ:VWAVFree Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 200,000 shares of the company’s stock, valued at approximately $1,906,000. VisionWave comprises 0.4% of Yorkville Advisors Global LP’s portfolio, making the stock its 9th largest holding. Yorkville Advisors Global LP owned approximately 1.33% of VisionWave as of its most recent filing with the Securities and Exchange Commission (SEC). 51.36% of the stock is owned by hedge funds and other institutional investors.

VisionWave Price Performance

Shares of VWAV stock traded up $1.01 on Thursday, reaching $12.03. The company’s stock had a trading volume of 482,677 shares, compared to its average volume of 290,228. The stock’s fifty day simple moving average is $9.85. VisionWave has a 1 year low of $2.06 and a 1 year high of $14.05. The stock has a market capitalization of $180.41 million, a P/E ratio of -38.81 and a beta of 0.18.

VisionWave (NASDAQ:VWAVGet Free Report) last released its quarterly earnings results on Friday, October 3rd. The company reported ($0.15) earnings per share (EPS) for the quarter.

VisionWave Company Profile

(Get Free Report)

VisionWave Technologies Inc is a defense development company focused on integrating advanced artificial intelligence and autonomous solutions across air, ground and sea domains. VisionWave Technologies Inc, formerly known as Bannix Acquisition Corp., is based in WILMINGTON, Del.

Further Reading

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