167,563 Shares in Veea Inc. (NASDAQ:VEEA) Bought by Geode Capital Management LLC

Geode Capital Management LLC acquired a new stake in shares of Veea Inc. (NASDAQ:VEEA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 167,563 shares of the company’s stock, valued at approximately $638,000. Geode Capital Management LLC owned approximately 0.47% of Veea as of its most recent SEC filing.

Separately, Virtu Financial LLC purchased a new position in Veea during the 3rd quarter worth approximately $100,000. 25.88% of the stock is owned by institutional investors.

Veea Stock Performance

NASDAQ VEEA opened at $1.55 on Friday. The company has a fifty day moving average of $1.62 and a 200 day moving average of $2.69. Veea Inc. has a 1 year low of $1.33 and a 1 year high of $18.56.

About Veea

Veea Inc provides computing, multiaccess multiprotocol communications, edge storage, and cybersecurity solutions. The company offers multiaccess edge computing (MEC) platform that redefines connectivity and computing at the edge by integrating functions of servers, network attached storage (NAS), routers, firewalls, Wi-Fi Access Points, IoT gateways, and 4G and 5G connections; and Veea Edge Platform enables direct connections from the optical fiber, cellular, and satellite networks.