Geode Capital Management LLC Purchases 28,555 Shares of The Glimpse Group, Inc. (NASDAQ:VRAR)

Geode Capital Management LLC grew its stake in The Glimpse Group, Inc. (NASDAQ:VRAR) by 22.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 156,896 shares of the company’s stock after buying an additional 28,555 shares during the period. Geode Capital Management LLC owned 0.86% of The Glimpse Group worth $388,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Bleakley Financial Group LLC acquired a new position in shares of The Glimpse Group in the 4th quarter worth approximately $125,000. Institutional investors and hedge funds own 21.41% of the company’s stock.

Analysts Set New Price Targets

Separately, Westpark Capital lowered their target price on shares of The Glimpse Group from $4.67 to $2.62 and set a “buy” rating for the company in a research note on Tuesday, April 8th.

The Glimpse Group Price Performance

Shares of The Glimpse Group stock opened at $1.19 on Friday. The stock’s 50-day moving average is $1.18 and its 200 day moving average is $1.40. The Glimpse Group, Inc. has a one year low of $0.50 and a one year high of $7.00. The firm has a market cap of $25.04 million, a price-to-earnings ratio of -3.05 and a beta of 1.09.

About The Glimpse Group

The Glimpse Group, Inc, a virtual reality (VR) and augmented reality (AR) platform company, provides enterprise-focused software, services, and solutions in the United States. It offers QReal, a software that creates and distributes photorealistic 3D interactive digital models and experiences in AR; Immersive Health Group, a VR/AR platform for evidence-based and outcome driven healthcare solutions; and Foretell Reality, a social VR platform for behavioral health, support groups, collaboration, and soft skills training.