IDI, Inc. (NASDAQ:COGT) insider Jeffrey Alan Dell acquired 4,000 shares of the firm’s stock in a transaction on Friday, November 17th. The stock was purchased at an average price of $3.95 per share, for a total transaction of $15,800.00. Following the transaction, the insider now directly owns 42,428 shares of the company’s stock, valued at approximately $167,590.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
IDI, Inc. (NASDAQ COGT) traded down $0.07 during mid-day trading on Thursday, hitting $4.53. 381,700 shares of the company’s stock were exchanged, compared to its average volume of 234,458. IDI, Inc. has a 12-month low of $3.05 and a 12-month high of $6.30. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.60 and a current ratio of 1.60.
IDI (NASDAQ:COGT) last announced its quarterly earnings results on Wednesday, November 8th. The technology company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.09). IDI had a negative net margin of 24.45% and a negative return on equity of 17.78%. The company had revenue of $57.25 million for the quarter, compared to analysts’ expectations of $62.24 million. During the same quarter in the prior year, the firm earned ($0.19) EPS. IDI’s quarterly revenue was up 9.7% compared to the same quarter last year. equities analysts predict that IDI, Inc. will post -0.96 EPS for the current year.
COGT has been the topic of a number of analyst reports. Chardan Capital restated a “buy” rating and issued a $7.00 price objective (down previously from $12.50) on shares of IDI in a research report on Thursday, November 9th. Roth Capital set a $8.00 price objective on shares of IDI and gave the company a “buy” rating in a research report on Tuesday, August 8th. Finally, Zacks Investment Research upgraded shares of IDI from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th.
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Schwab Charles Investment Management Inc. grew its holdings in IDI by 328.2% in the first quarter. Schwab Charles Investment Management Inc. now owns 103,200 shares of the technology company’s stock worth $480,000 after purchasing an additional 79,100 shares during the period. Bank of New York Mellon Corp grew its holdings in IDI by 31.5% in the second quarter. Bank of New York Mellon Corp now owns 99,206 shares of the technology company’s stock worth $500,000 after purchasing an additional 23,769 shares during the period. Finally, Parametric Portfolio Associates LLC purchased a new stake in IDI in the first quarter worth about $179,000. Institutional investors own 8.04% of the company’s stock.
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.
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