Centiva Capital LP Takes $424,000 Position in Gorilla Technology Group Inc. (NASDAQ:GRRR)

Centiva Capital LP bought a new position in Gorilla Technology Group Inc. (NASDAQ:GRRR) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 23,459 shares of the company’s stock, valued at approximately $424,000. Centiva Capital LP owned 0.13% of Gorilla Technology Group as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Anson Funds Management LP boosted its position in shares of Gorilla Technology Group by 3,360.4% in the fourth quarter. Anson Funds Management LP now owns 600,000 shares of the company’s stock worth $10,836,000 after purchasing an additional 582,661 shares during the period. SBI Securities Co. Ltd. bought a new position in shares of Gorilla Technology Group during the fourth quarter worth $1,389,000. BNP Paribas Financial Markets purchased a new position in Gorilla Technology Group during the fourth quarter valued at $737,000. XTX Topco Ltd bought a new stake in Gorilla Technology Group in the 4th quarter valued at $426,000. Finally, Stifel Financial Corp purchased a new stake in Gorilla Technology Group in the 4th quarter worth $412,000. Institutional investors own 1.33% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Northland Securities raised their price objective on Gorilla Technology Group from $13.00 to $18.00 and gave the company an “outperform” rating in a research report on Wednesday, January 22nd.

Gorilla Technology Group Trading Up 6.5 %

NASDAQ:GRRR opened at $16.13 on Friday. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.08. Gorilla Technology Group Inc. has a 1 year low of $2.09 and a 1 year high of $44.15. The stock’s 50 day simple moving average is $21.90 and its two-hundred day simple moving average is $16.41.

About Gorilla Technology Group

Gorilla Technology Group Inc provides video intelligence, Internet of Things (IoT) security, and edge content management hardware, software, and services in the Asia Pacific region. The company operates through three segments: Video IoT, Security Convergence, and Other segments. It offers intelligent video analytics AI models for various verticals, such as behavioral analytics, people/face recognition, vehicle analysis, object recognition, and business intelligence that can scan video for patterns and distinguish specific items using AI algorithms and metadata.