International Assets Investment Management LLC Has $113,000 Position in Rekor Systems, Inc. (NASDAQ:REKR)

International Assets Investment Management LLC boosted its holdings in shares of Rekor Systems, Inc. (NASDAQ:REKR) by 270.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 33,800 shares of the company’s stock after acquiring an additional 24,680 shares during the quarter. International Assets Investment Management LLC’s holdings in Rekor Systems were worth $113,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of REKR. SG Americas Securities LLC acquired a new stake in Rekor Systems during the third quarter worth $71,000. Eudaimonia Partners LLC acquired a new stake in Rekor Systems during the third quarter worth $33,000. Bank of New York Mellon Corp boosted its stake in Rekor Systems by 128.6% during the third quarter. Bank of New York Mellon Corp now owns 26,873 shares of the company’s stock worth $76,000 after buying an additional 15,118 shares in the last quarter. Freedom Wealth Alliance LLC acquired a new stake in Rekor Systems during the third quarter worth $32,000. Finally, Private Advisor Group LLC boosted its stake in Rekor Systems by 25.4% during the third quarter. Private Advisor Group LLC now owns 55,180 shares of the company’s stock worth $152,000 after buying an additional 11,160 shares in the last quarter. Institutional investors and hedge funds own 45.71% of the company’s stock.

Rekor Systems Stock Up 2.5 %

Shares of NASDAQ REKR opened at $1.84 on Tuesday. The stock has a market cap of $156.57 million, a PE ratio of -2.51 and a beta of 2.12. The business has a fifty day moving average of $2.14 and a two-hundred day moving average of $2.68. Rekor Systems, Inc. has a 52-week low of $1.06 and a 52-week high of $4.15. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.29 and a current ratio of 1.47.

Rekor Systems (NASDAQ:REKR) last issued its quarterly earnings data on Monday, March 25th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.05). The company had revenue of $11.07 million for the quarter, compared to the consensus estimate of $10.72 million. Rekor Systems had a negative net margin of 130.78% and a negative return on equity of 106.96%. As a group, equities research analysts expect that Rekor Systems, Inc. will post -0.28 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, William Blair reissued an “outperform” rating on shares of Rekor Systems in a report on Tuesday, March 26th.

Rekor Systems Company Profile

Rekor Systems, Inc, a technology company, provides infrastructure solutions for transportation, public safety, and urban mobility markets in the United States and internationally. The company's platforms include Rekor One, an AI-powered roadway intelligence platform; Rekor Command, a comprehensive cross-agency platform that offers various applications for traffic management centers, freeway service patrol, first responders, and maintenance crews; Rekor Discover, a platform that ingests data from its hardware and automates comprehensive analytics and actionable insights about the movement of objects across the roadway; and Rekor Scout platform, which automates previously manual processes with collaborative solutions that keep all stakeholders apprised of developing situations and accelerate reaction times to incidents and offenders.