Raymond James & Associates cut its position in Westport Fuel Systems Inc. (NASDAQ:WPRT – Free Report) (TSE:WPRT) by 90.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,340 shares of the auto parts company’s stock after selling 228,360 shares during the quarter. Raymond James & Associates owned approximately 0.15% of Westport Fuel Systems worth $194,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of WPRT. Millennium Management LLC boosted its holdings in Westport Fuel Systems by 55.6% in the 2nd quarter. Millennium Management LLC now owns 2,637,699 shares of the auto parts company’s stock valued at $2,664,000 after purchasing an additional 942,667 shares during the period. Renaissance Technologies LLC boosted its holdings in Westport Fuel Systems by 114.4% in the 1st quarter. Renaissance Technologies LLC now owns 1,612,896 shares of the auto parts company’s stock valued at $2,548,000 after purchasing an additional 860,617 shares during the period. AMH Equity Ltd boosted its holdings in Westport Fuel Systems by 26.9% in the 1st quarter. AMH Equity Ltd now owns 3,300,000 shares of the auto parts company’s stock valued at $3,143,000 after purchasing an additional 700,000 shares during the period. Baird Financial Group Inc. boosted its holdings in Westport Fuel Systems by 10.6% in the 4th quarter. Baird Financial Group Inc. now owns 3,416,271 shares of the auto parts company’s stock valued at $2,647,000 after purchasing an additional 327,021 shares during the period. Finally, UBS Group AG boosted its holdings in Westport Fuel Systems by 47.3% in the 1st quarter. UBS Group AG now owns 742,357 shares of the auto parts company’s stock valued at $707,000 after purchasing an additional 238,269 shares during the period. 9.87% of the stock is currently owned by institutional investors and hedge funds.
Westport Fuel Systems Price Performance
NASDAQ:WPRT opened at $5.79 on Tuesday. Westport Fuel Systems Inc. has a one year low of $4.90 and a one year high of $13.40. The company has a market cap of $99.41 million, a P/E ratio of -1.90 and a beta of 2.45. The firm’s fifty day moving average price is $6.02 and its two-hundred day moving average price is $7.39. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.72 and a quick ratio of 1.14.
Wall Street Analyst Weigh In
About Westport Fuel Systems
Westport Fuel Systems Inc engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications in Europe, the Americas, Asia, Africa, and internationally. The company operates through Original Equipment Manufacturer and Independent Aftermarket segments.
- Five stocks we like better than Westport Fuel Systems
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Catch the dip on Sociedad Quimica before earnings?
- How to Calculate Stock Profit
- Can new GPT store spur generative AI monetization?
- Conference Calls and Individual Investors
- Energy looks to dominate markets with 3 oil and gas stocks
Receive News & Ratings for Westport Fuel Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westport Fuel Systems and related companies with MarketBeat.com's FREE daily email newsletter.