33,250 Shares in Wrap Technologies, Inc. (NASDAQ:WRAP) Purchased by Jane Street Group LLC

Jane Street Group LLC purchased a new stake in Wrap Technologies, Inc. (NASDAQ:WRAP) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 33,250 shares of the company’s stock, valued at approximately $70,000. Jane Street Group LLC owned approximately 0.07% of Wrap Technologies as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Raymond James Financial Inc. bought a new position in shares of Wrap Technologies in the fourth quarter worth approximately $1,906,000. Geode Capital Management LLC grew its stake in Wrap Technologies by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 349,596 shares of the company’s stock worth $741,000 after buying an additional 5,195 shares in the last quarter. Marshall Wace LLP bought a new position in shares of Wrap Technologies in the 4th quarter worth $271,000. XTX Topco Ltd purchased a new stake in shares of Wrap Technologies during the 4th quarter valued at $58,000. Finally, Sapient Capital LLC purchased a new stake in shares of Wrap Technologies during the 4th quarter valued at $53,000. Hedge funds and other institutional investors own 8.82% of the company’s stock.

Wrap Technologies Stock Performance

Shares of NASDAQ:WRAP opened at $1.41 on Monday. Wrap Technologies, Inc. has a 52-week low of $1.21 and a 52-week high of $2.58. The firm has a fifty day moving average of $1.47 and a 200 day moving average of $1.79. The firm has a market capitalization of $71.31 million, a PE ratio of -3.36 and a beta of 1.26.

Wrap Technologies (NASDAQ:WRAP) last posted its quarterly earnings data on Monday, March 31st. The company reported ($0.17) earnings per share (EPS) for the quarter. The firm had revenue of $0.86 million during the quarter. Wrap Technologies had a negative return on equity of 480.59% and a negative net margin of 394.21%.

About Wrap Technologies

Wrap Technologies, Inc, a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company's flagship product is BolaWrap 150, a handheld remote restraint device that discharges a seven and a half-foot Kevlar tether, entangling an individual from a range of 10-25 feet.