Xplore Technologies (XPLR) Stake Increased by Macquarie Group Ltd.
Macquarie Group Ltd. increased its position in shares of Xplore Technologies (NASDAQ:XPLR) by 37.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,588 shares of the technology company’s stock after purchasing an additional 16,188 shares during the period. Macquarie Group Ltd.’s holdings in Xplore Technologies were worth $169,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in the company. Renaissance Technologies LLC raised its position in shares of Xplore Technologies by 13.3% during the 4th quarter. Renaissance Technologies LLC now owns 270,600 shares of the technology company’s stock valued at $769,000 after purchasing an additional 31,700 shares during the period. JPMorgan Chase & Co. bought a new stake in shares of Xplore Technologies during the 3rd quarter valued at $121,000. Dimensional Fund Advisors LP bought a new stake in shares of Xplore Technologies during the 3rd quarter valued at $212,000. Finally, AWM Investment Company Inc. raised its position in shares of Xplore Technologies by 77.1% during the 4th quarter. AWM Investment Company Inc. now owns 273,732 shares of the technology company’s stock valued at $775,000 after purchasing an additional 119,211 shares during the period. Hedge funds and other institutional investors own 21.53% of the company’s stock.
Shares of NASDAQ XPLR opened at $3.28 on Tuesday. The firm has a market capitalization of $35.75, a price-to-earnings ratio of -14.26, a P/E/G ratio of 1.62 and a beta of 0.68. Xplore Technologies has a 52-week low of $1.54 and a 52-week high of $4.20.
Several analysts have recently commented on XPLR shares. Maxim Group set a $6.00 price objective on shares of Xplore Technologies and gave the company a “buy” rating in a research report on Thursday, February 8th. Zacks Investment Research upgraded shares of Xplore Technologies from a “sell” rating to a “hold” rating and set a $3.25 price target on the stock in a report on Saturday, February 10th. Finally, ValuEngine downgraded shares of Xplore Technologies from a “hold” rating to a “sell” rating in a report on Friday, February 2nd.
In other Xplore Technologies news, Director Philip S. Sassower sold 12,262 shares of Xplore Technologies stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $2.97, for a total value of $36,418.14. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Philip S. Sassower sold 70,000 shares of Xplore Technologies stock in a transaction on Tuesday, March 6th. The shares were sold at an average price of $3.04, for a total transaction of $212,800.00. The disclosure for this sale can be found here. Insiders own 13.20% of the company’s stock.
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Xplore Technologies Company Profile
Xplore Technologies Corp. develops, integrates, and markets rugged mobile personal computer systems in the United States, Canada, and internationally. The company's products enable the extension of traditional computing systems to a range of field personnel, including energy pipeline inspectors, public safety personnel, warehouse workers, and pharmaceutical scientists.
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