{ }
001122334455554433221100
001122334455554433221100
Symbol LAZR
Name Luminar Technologies, Inc.
Currency USD
Sector Information Technology
IndustryGroup Software & Services
Industry Software
Market NASDAQ Global Select
Country United States
State FL
City Orlando
Zipcode 32826
Website http://www.luminartech.com

charles schwab significantly reduces stake in luminar technologies amid market shifts

Charles Schwab Investment Management Inc. significantly reduced its stake in Luminar Technologies, Inc. by 93.9% in Q4, holding 181,217 shares valued at $975,000. Other institutional investors also adjusted their positions, with a total of 30.99% of the company's stock owned by such entities. Luminar, which specializes in sensor technologies for autonomous vehicles, has seen its stock fluctuate between a 12-month low of $4.48 and a high of $34.80, currently trading at $6.01.

luminar technologies faces investor skepticism as major stakeholders reduce holdings

Bank of New York Mellon Corp significantly reduced its stake in Luminar Technologies, selling 761,980 shares and holding just 59,301 shares by the end of the fourth quarter. Despite a Hold rating from analysts, several large investors, including Geode Capital Management and State Street Corp, increased their positions in the company. Luminar Technologies, which specializes in sensor technologies for autonomous vehicles, has seen its stock fluctuate between a low of $4.48 and a high of $34.80 over the past year.

YouTuber Highlights Tesla and Luminar Stocks in Recent Feature

A prominent YouTuber has recently highlighted the stocks of Tesla and Luminar, drawing attention to their market performance and potential. This focus on these companies may influence investor interest and market dynamics in the tech and automotive sectors.
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