Prudential Financial Inc. bought a new stake in Luna Innovations Incorporated ( NASDAQ:LUNA – Free Report ) during the fourth quarter, Holdings Channel.com reports.
The firm bought 18,200 shares of the scientific and technical instruments company’s stock, valued at approximately $39,000. Several other hedge funds and other institutional investors also recently modified their holdings of the company. XTX Topco Ltd acquired a new stake in shares of Luna Innovations in the 3rd quarter worth about $55,000.
Virtu Financial LLC bought a new position in Luna Innovations in the 4th quarter worth about $78,000. Founders Financial Alliance LLC bought a new position in Luna Innovations in the 4th quarter worth about $43,000. Finally, Raymond James Financial Inc.
acquired a new stake in shares of Luna Innovations in the fourth quarter valued at approximately $57,000. Institutional investors and hedge funds own 87.46% of the company’s stock.
Wall Street Analysts Forecast Growth Separately, StockNews.com assumed coverage on Luna Innovations in a research report on Wednesday. They set a “sell” rating for the company.
Luna Innovations Price Performance NASDAQ:LUNA opened at $0.60 on Friday. Luna Innovations Incorporated has a 1 year low of $0.
28 and a 1 year high of $3.89. The business has a fifty day moving average of $0.
71 and a 200-day moving average of $1.29. Luna Innovations Profile ( Free Report ) Luna Innovations Incorporated provides fiber optic test, measurement, and control products worldwide.
The company offers test and measurement equipment for fiber optic components and sub-assemblies; polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; and single frequency lasers. Read More Want to see what other hedge funds are holding LUNA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Luna Innovations Incorporated ( NASDAQ:LUNA – Free Report ).
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Business
Prudential Financial Inc. Makes New Investment in Luna Innovations Incorporated (NASDAQ:LUNA)

Prudential Financial Inc. bought a new stake in Luna Innovations Incorporated (NASDAQ:LUNA – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm bought 18,200 shares of the scientific and technical instruments company’s stock, valued at approximately $39,000. Several other hedge funds and other institutional investors also recently modified their holdings of the company. [...]