Parametric Portfolio Associates LLC Invests $179,000 in IDI, Inc. (NASDAQ:COGT)

Parametric Portfolio Associates LLC acquired a new stake in shares of IDI, Inc. (NASDAQ:COGT) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 38,402 shares of the technology company’s stock, valued at approximately $179,000. Parametric Portfolio Associates LLC owned about 0.07% of IDI as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in COGT. Bank of New York Mellon Corp increased its position in shares of IDI by 25.6% in the first quarter. Bank of New York Mellon Corp now owns 75,437 shares of the technology company’s stock valued at $350,000 after buying an additional 15,384 shares during the period. Wells Fargo & Company MN increased its position in shares of IDI by 1,009.3% in the first quarter. Wells Fargo & Company MN now owns 59,212 shares of the technology company’s stock valued at $276,000 after buying an additional 53,874 shares during the period. Finally, WealthTrust Axiom LLC acquired a new position in shares of IDI during the first quarter valued at approximately $418,000. 8.52% of the stock is currently owned by institutional investors.

IDI, Inc. (NASDAQ:COGT) opened at 4.65 on Friday. The company’s market cap is $256.72 million. IDI, Inc. has a 12 month low of $2.90 and a 12 month high of $6.22. The firm has a 50-day moving average price of $4.76 and a 200 day moving average price of $4.59.

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Several equities analysts have commented on the company. Zacks Investment Research downgraded IDI from a “hold” rating to a “sell” rating in a research report on Tuesday. Roth Capital assumed coverage on IDI in a research report on Thursday, June 29th. They issued a “buy” rating and a $7.65 price objective on the stock.

About IDI

IDI, Inc, formerly Tiger Media, Inc, is a data and analytics company providing information and marketing solutions to businesses in a range of industries. The Company operates through two segments: Information Services and Performance Marketing. The Company serves the risk management and the consumer marketing industries through its consolidated subsidiaries, Interactive Data, LLC and Fluent, LLC, respectively.

Institutional Ownership by Quarter for IDI (NASDAQ:COGT)

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