Unterberg Capital LLC bought a new stake in CyberOptics Co. (NASDAQ:CYBE) in the fourth quarter, HoldingsChannel reports. The fund bought 90,000 shares of the scientific and technical instruments company’s stock, valued at approximately $1,350,000. CyberOptics makes up approximately 1.6% of Unterberg Capital LLC’s portfolio, making the stock its 22nd biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. New York State Common Retirement Fund bought a new position in CyberOptics in the 2nd quarter valued at about $151,000. Wells Fargo & Company MN boosted its position in shares of CyberOptics by 103.9% during the 4th quarter. Wells Fargo & Company MN now owns 8,909 shares of the scientific and technical instruments company’s stock valued at $134,000 after purchasing an additional 4,540 shares in the last quarter. Boothbay Fund Management LLC bought a new position in shares of CyberOptics during the 3rd quarter valued at about $183,000. Teachers Advisors LLC bought a new position in shares of CyberOptics during the 2nd quarter valued at about $247,000. Finally, Schwab Charles Investment Management Inc. bought a new position in shares of CyberOptics during the 2nd quarter valued at about $250,000. Hedge funds and other institutional investors own 65.37% of the company’s stock.

CyberOptics Co. (NASDAQ:CYBE) opened at $14.25 on Tuesday. CyberOptics Co. has a 12-month low of $11.35 and a 12-month high of $39.40. The firm has a market cap of $99.43, a PE ratio of 14.84, a PEG ratio of 1.90 and a beta of -0.33.

Separately, Zacks Investment Research lowered shares of CyberOptics from a “hold” rating to a “strong sell” rating in a research report on Friday, January 5th. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $18.67.

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About CyberOptics

Cyberoptics Corporation is a developer and manufacturer of sensing technology solutions. The Company’s products and services are used in the surface mount technology (SMT), semiconductor and three dimensional (3D) scanning solutions and services markets. Its products are sold into the electronics assembly, dynamic random access memory (DRAM) and flash memory, and semiconductor fabrication capital equipment markets.

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Institutional Ownership by Quarter for CyberOptics (NASDAQ:CYBE)

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