Virtu KCG Holdings LLC boosted its stake in shares of NXT-ID Inc. (NASDAQ:NXTD) by 1,806.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 256,052 shares of the technology company’s stock after buying an additional 242,621 shares during the period. Virtu KCG Holdings LLC owned about 2.67% of NXT-ID worth $479,000 at the end of the most recent reporting period.
Separately, Vanguard Group Inc. raised its holdings in NXT-ID by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 76,010 shares of the technology company’s stock worth $144,000 after buying an additional 1,609 shares during the period. 3.02% of the stock is owned by institutional investors and hedge funds.
Shares of NXT-ID Inc. (NXTD) opened at 2.07 on Thursday. The firm’s 50-day moving average price is $2.20 and its 200 day moving average price is $1.79. The firm’s market cap is $31.29 million. NXT-ID Inc. has a 12-month low of $1.21 and a 12-month high of $4.38.
Separately, Maxim Group restated a “buy” rating and set a $5.00 price objective on shares of NXT-ID in a report on Wednesday, September 20th.
Nxt-ID, Inc is a technology company. The Company is focused on products, solutions and services for security on mobile devices. The Company’s core technologies consist of those that support digital payments, biometric identification, encryption, sensors and miniaturization. It has three lines of business: mobile commerce (m-commerce), primarily through the application of secure digital payment technologies; biometric access control applications, and Department of Defense contracting.
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