Firsthand Technology Value Fund (NASDAQ:SVVC) Research Coverage Started at StockNews.com

Investment analysts at StockNews.com assumed coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVCGet Free Report) in a report released on Sunday. The firm set a “hold” rating on the investment management company’s stock.

Firsthand Technology Value Fund Price Performance

Shares of SVVC opened at $0.26 on Friday. Firsthand Technology Value Fund has a 12-month low of $0.17 and a 12-month high of $1.02. The business has a 50-day simple moving average of $0.25 and a two-hundred day simple moving average of $0.29. The stock has a market cap of $1.79 million, a PE ratio of -0.05 and a beta of 1.43.

Institutional Investors Weigh In On Firsthand Technology Value Fund

An institutional investor recently bought a new position in Firsthand Technology Value Fund stock. Atria Wealth Solutions Inc. bought a new stake in shares of Firsthand Technology Value Fund, Inc. (NASDAQ:SVVCFree Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 22,797 shares of the investment management company’s stock, valued at approximately $79,000. Atria Wealth Solutions Inc. owned approximately 0.33% of Firsthand Technology Value Fund at the end of the most recent reporting period. 52.70% of the stock is currently owned by hedge funds and other institutional investors.

About Firsthand Technology Value Fund

(Get Free Report)

Firsthand Technology Value Fund, Inc is a business development company specializes in venture capital investments in start-up, early stage, middle stage, late stage, early development stage, and PIPEs. It seeks to invest in pre-IPO companies. The fund also seeks to make investments in companies with operating histories that are unprofitable or marginally profitable, that have negative net worth, or that are involved in bankruptcy or reorganization proceedings.

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