Jane Street Group LLC Invests $359,000 in zSpace, Inc. (NASDAQ:ZSPC)

Jane Street Group LLC bought a new position in zSpace, Inc. (NASDAQ:ZSPC) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 22,621 shares of the company’s stock, valued at approximately $359,000. Jane Street Group LLC owned approximately 0.10% of zSpace as of its most recent filing with the Securities & Exchange Commission.

zSpace Trading Down 7.0%

Shares of ZSPC opened at $4.39 on Monday. The stock has a fifty day simple moving average of $7.90. zSpace, Inc. has a fifty-two week low of $4.27 and a fifty-two week high of $32.69.

zSpace (NASDAQ:ZSPC) last posted its quarterly earnings data on Wednesday, May 14th. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.09). The business had revenue of $6.76 million for the quarter, compared to analyst estimates of $5.03 million.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Northland Capmk raised shares of zSpace from a “hold” rating to a “strong-buy” rating in a report on Monday, March 31st. Barrington Research reduced their price target on shares of zSpace from $11.00 to $10.00 and set an “outperform” rating on the stock in a research report on Thursday, May 15th. Northland Securities upgraded shares of zSpace from a “market perform” rating to an “outperform” rating and reduced their price target for the stock from $20.00 to $10.00 in a research report on Monday, March 31st. Roth Mkm started coverage on shares of zSpace in a research report on Monday, February 3rd. They issued a “buy” rating and a $20.00 price target on the stock. Finally, Roth Capital set a $20.00 price target on shares of zSpace in a research report on Monday, February 3rd. Three research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $15.00.

zSpace Company Profile

zSpace Technologies, Inc is a provider of commercial augmented reality and virtual reality technology principally in the education market. The Company offers differentiated hardware along with learning software modules for K-12 science, technology, engineering, game design and mathematics applications, as well as workforce-oriented career and technical education applications.