Themes Management Co LLC Purchases New Shares in Gorilla Technology Group Inc. $GRRR

Themes Management Co LLC acquired a new stake in shares of Gorilla Technology Group Inc. (NASDAQ:GRRR) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 94,709 shares of the company’s stock, valued at approximately $1,034,000. Themes Management Co LLC owned approximately 0.47% of Gorilla Technology Group at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE grew its stake in shares of Gorilla Technology Group by 60.0% in the 2nd quarter. Bank of America Corp DE now owns 1,920 shares of the company’s stock worth $38,000 after acquiring an additional 720 shares in the last quarter. FNY Investment Advisers LLC bought a new position in shares of Gorilla Technology Group during the third quarter valued at about $50,000. NewEdge Advisors LLC purchased a new position in Gorilla Technology Group during the first quarter worth about $61,000. Sunbelt Securities Inc. purchased a new position in Gorilla Technology Group during the third quarter worth about $90,000. Finally, Rathbones Group PLC bought a new stake in Gorilla Technology Group in the 3rd quarter worth about $196,000. 1.33% of the stock is owned by hedge funds and other institutional investors.

Gorilla Technology Group Stock Performance

NASDAQ GRRR opened at $14.58 on Tuesday. The business’s fifty day moving average is $12.42 and its 200-day moving average is $12.70. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.33 and a quick ratio of 3.33. The stock has a market capitalization of $381.85 million, a price-to-earnings ratio of 54.00 and a beta of 0.16. Gorilla Technology Group Inc. has a one year low of $9.04 and a one year high of $27.90.

Insider Transactions at Gorilla Technology Group

In other Gorilla Technology Group news, Director Evan S. Medeiros sold 12,604 shares of Gorilla Technology Group stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $12.16, for a total value of $153,264.64. Following the sale, the director owned 20,936 shares of the company’s stock, valued at approximately $254,581.76. The trade was a 37.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 30.51% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Zacks Research raised shares of Gorilla Technology Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 19th. Northland Securities set a $40.00 target price on Gorilla Technology Group in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Gorilla Technology Group has an average rating of “Hold” and an average target price of $35.50.

Gorilla Technology Group Profile

Gorilla Technology Group is a Taiwan‐based provider of video computing and artificial intelligence solutions, offering software and hardware platforms for real‐time video analytics, facial recognition and edge‐computing applications. The company’s core business centers on the development of AI‐driven surveillance technologies that can be deployed in cloud, on-premise or hybrid environments. Gorilla Technology Group’s platforms are designed to process high-volume video data streams for security monitoring, operational optimization and business intelligence.

The company’s flagship offerings include video management systems integrated with smart analytics modules, IoT gateways for edge-level data processing and AI engines for tasks such as people counting, license plate recognition and behavioral analysis.