Rekor Systems, Inc. (NASDAQ:REKR) Shares Acquired by Barclays PLC

Barclays PLC lifted its stake in shares of Rekor Systems, Inc. (NASDAQ:REKR) by 332.0% during the third quarter, Holdings Channel.com reports. The fund owned 104,427 shares of the company’s stock after purchasing an additional 80,255 shares during the period. Barclays PLC’s holdings in Rekor Systems were worth $123,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in REKR. Sanctuary Advisors LLC acquired a new position in shares of Rekor Systems during the second quarter valued at approximately $582,000. Renaissance Technologies LLC acquired a new position in shares of Rekor Systems during the second quarter valued at approximately $363,000. State Street Corp increased its stake in shares of Rekor Systems by 14.7% during the third quarter. State Street Corp now owns 1,514,044 shares of the company’s stock valued at $1,787,000 after acquiring an additional 194,323 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Rekor Systems by 1,513.9% during the second quarter. Bank of New York Mellon Corp now owns 190,730 shares of the company’s stock valued at $296,000 after acquiring an additional 178,912 shares during the period. Finally, XTX Topco Ltd acquired a new position in shares of Rekor Systems during the third quarter valued at approximately $142,000. Institutional investors and hedge funds own 45.71% of the company’s stock.

Analyst Ratings Changes

Separately, William Blair restated an “outperform” rating on shares of Rekor Systems in a report on Friday, November 15th.

Rekor Systems Trading Down 28.5 %

Shares of NASDAQ:REKR opened at $1.63 on Thursday. The stock has a market capitalization of $152.93 million, a price-to-earnings ratio of -2.51 and a beta of 1.70. Rekor Systems, Inc. has a 1-year low of $0.78 and a 1-year high of $3.92. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.63 and a current ratio of 0.76. The company has a 50 day moving average price of $1.10 and a 200 day moving average price of $1.29.

About Rekor Systems

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.