Key Points
- Director Evan Medeiros sold 12,604 shares on April 15 at an average price of $12.16 for $153,264.64, cutting his stake by 37.58% to 20,936 shares (~$254,581.76); the sale was disclosed in an SEC filing.
- Gorilla Technology's stock opened at $12.52, trades in a 12‑month range of $9.04–$27.90, has a market cap of about $252.2M and a P/E of 46.37, with strong liquidity (quick ratio 3.64) and very low debt (debt/equity 0.02).
- Institutional investors (e.g., UBS, State Street) have recently increased positions, and analysts' consensus is a "Hold" with an average price target of $35.50 (one Strong Buy, one Hold, one Sell).
Gorilla Technology Group Inc. (NASDAQ:GRRR - Get Free Report) Director Evan Medeiros sold 5,186 shares of the stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $12.00, for a total transaction of $62,232.00. Following the transaction, the director directly owned 33,540 shares in the company, valued at approximately $402,480. This represents a 13.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Gorilla Technology Group Stock Up 0.6%
Shares of GRRR opened at $12.52 on Friday. Gorilla Technology Group Inc. has a fifty-two week low of $9.04 and a fifty-two week high of $27.90. The company's fifty day moving average is $11.42 and its two-hundred day moving average is $13.42. The firm has a market cap of $252.15 million, a PE ratio of 46.37 and a beta of -0.14. The company has a quick ratio of 3.64, a current ratio of 3.33 and a debt-to-equity ratio of 0.02.
Institutional Investors Weigh In On Gorilla Technology Group
Large investors have recently made changes to their positions in the business. Bank of America Corp DE raised its stake in shares of Gorilla Technology Group by 60.0% in the 2nd quarter. Bank of America Corp DE now owns 1,920 shares of the company's stock valued at $38,000 after acquiring an additional 720 shares during the period. NewEdge Advisors LLC purchased a new stake in Gorilla Technology Group during the 1st quarter worth $61,000. FNY Investment Advisers LLC purchased a new stake in Gorilla Technology Group during the 3rd quarter worth $50,000. Sunbelt Securities Inc. acquired a new stake in Gorilla Technology Group in the 3rd quarter valued at $90,000. Finally, Vident Advisory LLC purchased a new position in Gorilla Technology Group in the fourth quarter valued at about $110,000. Institutional investors and hedge funds own 1.33% of the company's stock.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on GRRR shares. Northland Securities set a $40.00 target price on Gorilla Technology Group in a report on Thursday, January 29th. Zacks Research upgraded Gorilla Technology Group from a "strong sell" rating to a "hold" rating in a research note on Monday, January 19th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $35.50.
View Our Latest Stock Report on Gorilla Technology Group
About Gorilla Technology Group
(
Get Free Report)
Gorilla Technology Group is a Taiwan‐based provider of video computing and artificial intelligence solutions, offering software and hardware platforms for real‐time video analytics, facial recognition and edge‐computing applications. The company’s core business centers on the development of AI‐driven surveillance technologies that can be deployed in cloud, on-premise or hybrid environments. Gorilla Technology Group’s platforms are designed to process high-volume video data streams for security monitoring, operational optimization and business intelligence.
The company’s flagship offerings include video management systems integrated with smart analytics modules, IoT gateways for edge-level data processing and AI engines for tasks such as people counting, license plate recognition and behavioral analysis.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].