Goldman Capital Management Inc buys $7.2 Million stake in Research Frontiers (REFR)

Research Frontiers (REFR) : Goldman Capital Management Inc scooped up 68,900 additional shares in Research Frontiers during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 1,817,589 shares of Research Frontiers which is valued at $7.2 Million.Research Frontiers makes up approximately 6.14% of Goldman Capital Management Inc’s portfolio.

Other Hedge Funds, Including , Geode Capital Management reduced its stake in REFR by selling 86 shares or 0.09% in the most recent quarter. The Hedge Fund company now holds 98,819 shares of REFR which is valued at $391,323.

Research Frontiers opened for trading at $3.97 and hit $3.97 on the upside on Wednesday, eventually ending the session at $3.97, with a gain of 0.51% or 0.02 points. The heightened volatility saw the trading volume jump to 12,018 shares. Company has a market cap of $95 M.

Research Frontiers Incorporated (Research Frontiers) develops and licenses its patented suspended particle device (SPD-Smart) light-control technology to other companies that manufacture and market either the SPD-Smart chemical emulsion light-control film made from the chemical emulsion lamination services electronics to power end-products incorporating the film or the end-products themselves such as smart windows skylights and sunroofs. Research Frontiers has approximately 40 companies that in the aggregate are licensed to serve four major SPD-Smart application areas (aerospace architectural automotive and marine products). The Company’s VariGuard business unit markets and sells SPD-Smart products directly to customers for specialty uses such as the protection of artwork and light-sensitive documents in museums and private collections.

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