Geode Capital Management LLC Increases Stock Position in Research Frontiers Incorporated (NASDAQ:REFR)

Geode Capital Management LLC increased its position in Research Frontiers Incorporated (NASDAQ:REFR) by 13.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 297,077 shares of the technology company’s stock after purchasing an additional 35,472 shares during the quarter. Geode Capital Management LLC’s holdings in Research Frontiers were worth $651,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Renaissance Technologies LLC boosted its stake in shares of Research Frontiers by 8.6% in the second quarter. Renaissance Technologies LLC now owns 83,800 shares of the technology company’s stock valued at $154,000 after purchasing an additional 6,656 shares during the period. Foundations Investment Advisors LLC purchased a new position in shares of Research Frontiers in the third quarter valued at $30,000. Finally, Kingsview Wealth Management LLC boosted its stake in shares of Research Frontiers by 30.7% in the third quarter. Kingsview Wealth Management LLC now owns 193,450 shares of the technology company’s stock valued at $424,000 after purchasing an additional 45,400 shares during the period. 11.91% of the stock is currently owned by hedge funds and other institutional investors.

Research Frontiers Trading Up 0.6 %

Shares of REFR stock opened at $1.69 on Friday. Research Frontiers Incorporated has a twelve month low of $0.93 and a twelve month high of $2.41. The company has a market capitalization of $56.65 million, a PE ratio of -56.33 and a beta of 0.28. The firm has a fifty day simple moving average of $1.85 and a 200-day simple moving average of $1.99.

About Research Frontiers

Research Frontiers Incorporated engages in the development and marketing of technology and devices to control the flow of light worldwide. It develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that manufacture and market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, and electronics to power end-products incorporating the film, as well as lamination services for and the end-products, such as windows, skylights, and sunroofs.