Barclays PLC Has $123,000 Holdings in Rekor Systems, Inc. (NASDAQ:REKR)

Barclays PLC increased its holdings in shares of Rekor Systems, Inc. (NASDAQ:REKR) by 332.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 104,427 shares of the company’s stock after acquiring an additional 80,255 shares during the period. Barclays PLC’s holdings in Rekor Systems were worth $123,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its stake in Rekor Systems by 5.5% in the third quarter. Geode Capital Management LLC now owns 1,813,380 shares of the company’s stock valued at $2,140,000 after purchasing an additional 94,907 shares in the last quarter. XTX Topco Ltd bought a new position in shares of Rekor Systems in the third quarter valued at $142,000. State Street Corp increased its holdings in Rekor Systems by 14.7% during the third quarter. State Street Corp now owns 1,514,044 shares of the company’s stock worth $1,787,000 after buying an additional 194,323 shares during the last quarter. BNP Paribas Financial Markets raised its position in Rekor Systems by 38.3% during the third quarter. BNP Paribas Financial Markets now owns 34,262 shares of the company’s stock worth $40,000 after acquiring an additional 9,494 shares in the last quarter. Finally, Pure Portfolios Holdings LLC acquired a new stake in Rekor Systems in the third quarter valued at $43,000. 45.71% of the stock is currently owned by institutional investors and hedge funds.

Rekor Systems Stock Performance

Shares of NASDAQ REKR opened at $2.01 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.63 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $188.58 million, a P/E ratio of -3.09 and a beta of 1.70. Rekor Systems, Inc. has a 12 month low of $0.78 and a 12 month high of $3.78. The stock has a 50 day moving average of $1.21 and a 200-day moving average of $1.29.

Analyst Upgrades and Downgrades

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

Rekor Systems Profile

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.