View (NASDAQ:VIEW) Rating Lowered to Sell at Zacks Investment Research

View (NASDAQ:VIEWGet Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Friday, Zacks.com reports.

According to Zacks, “View Inc. is a Silicon Valley-based smart window company. It uses artificial intelligence to automatically adjust in response to the sun and increase access to natural light. View Inc., formerly known as CF Finance Acquisition Corp. II, is based in MILPITAS, Calif. “

Separately, Raymond James downgraded shares of View from an “outperform” rating to a “market perform” rating in a research note on Tuesday, March 29th.

Shares of NASDAQ:VIEW opened at $1.01 on Friday. View has a 12-month low of $0.37 and a 12-month high of $9.89. The business has a 50-day moving average price of $1.51 and a 200 day moving average price of $2.70.

A number of institutional investors have recently made changes to their positions in VIEW. Itau Unibanco Holding S.A. purchased a new stake in View during the fourth quarter worth about $43,000. Teacher Retirement System of Texas purchased a new stake in shares of View during the fourth quarter worth $42,000. Walleye Trading LLC acquired a new stake in shares of View in the fourth quarter valued at $42,000. Royal Bank of Canada boosted its holdings in View by 233.4% in the second quarter. Royal Bank of Canada now owns 12,001 shares of the company’s stock valued at $102,000 after purchasing an additional 8,401 shares during the period. Finally, Principal Financial Group Inc. purchased a new stake in View during the 4th quarter worth about $47,000. Institutional investors own 75.53% of the company’s stock.

View Company Profile (Get Rating)

View Operating Corporation, a technology company, develops, manufactures, and sells smart building products. Its product portfolio includes View Smart Glass that comprise electrochromic glass panels in the form of insulating glass units; View Net, a cloud-connected network infrastructure offering that can incorporate and power smart building devices; View Immersive Experiences, which transforms View Smart Glass windows into transparent, digital, and interactive surfaces; View Sense modules to measure and optimize light, humidity, temperature, air quality, dust, and noise; and View Smart Protect, an intrusion detection solution that can be deployed on View Smart Glass windows to improve the security of a building by detecting glass breakage.

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