Shay Capital LLC Has $1.99 Million Stock Position in A2Z Smart Technologies Corp. (NASDAQ:AZ)

Shay Capital LLC reduced its stake in A2Z Smart Technologies Corp. (NASDAQ:AZ) by 76.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 300,000 shares of the company’s stock after selling 975,002 shares during the period. Shay Capital LLC owned approximately 1.09% of A2Z Smart Technologies worth $1,986,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. IHT Wealth Management LLC bought a new position in A2Z Smart Technologies during the fourth quarter worth $1,156,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of A2Z Smart Technologies in the 4th quarter valued at about $3,619,000. Renaissance Technologies LLC bought a new stake in shares of A2Z Smart Technologies during the 4th quarter valued at about $287,000. Finally, Garnet Equity Capital Holdings Inc. acquired a new stake in A2Z Smart Technologies during the fourth quarter worth approximately $1,986,000. 12.64% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Benchmark boosted their target price on shares of A2Z Smart Technologies from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Wednesday, March 26th.

A2Z Smart Technologies Stock Performance

Shares of NASDAQ AZ opened at $8.43 on Friday. The stock has a market cap of $249.44 million, a price-to-earnings ratio of -16.86 and a beta of 1.38. A2Z Smart Technologies Corp. has a fifty-two week low of $0.85 and a fifty-two week high of $9.93. The firm’s 50-day simple moving average is $7.43 and its 200 day simple moving average is $6.95.

A2Z Smart Technologies (NASDAQ:AZ) last issued its quarterly earnings data on Thursday, May 15th. The company reported ($0.19) earnings per share (EPS) for the quarter.

A2Z Smart Technologies Company Profile

A2Z Smart Technologies Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts.