Determine Inc (DTRM) Major Shareholder Lloyd I. Miller III Sells 62,000 Shares

Determine Inc (NASDAQ:DTRM) major shareholder Lloyd I. Miller III sold 62,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 26th. The stock was sold at an average price of $1.73, for a total transaction of $107,260.00. Following the sale, the insider now owns 250,820 shares of the company’s stock, valued at $433,918.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Determine Inc (DTRM) traded down $0.06 during trading on Thursday, reaching $1.69. 129,600 shares of the company were exchanged, compared to its average volume of 32,993. Determine Inc has a 1 year low of $1.55 and a 1 year high of $3.93. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.84. The firm has a market cap of $25.47, a price-to-earnings ratio of -2.49 and a beta of 1.77.

Determine (NASDAQ:DTRM) last posted its quarterly earnings data on Thursday, November 9th. The technology company reported ($0.10) EPS for the quarter, hitting analysts’ consensus estimates of ($0.10). Determine had a negative net margin of 30.72% and a negative return on equity of 88.32%. The firm had revenue of $6.89 million during the quarter, compared to analyst estimates of $6.77 million. During the same quarter last year, the business posted ($0.28) EPS. The company’s revenue was up 4.6% on a year-over-year basis. equities analysts expect that Determine Inc will post -0.46 earnings per share for the current year.

A number of hedge funds have recently added to or reduced their stakes in DTRM. Renaissance Technologies LLC lifted its position in Determine by 24.5% in the 1st quarter. Renaissance Technologies LLC now owns 149,814 shares of the technology company’s stock worth $509,000 after buying an additional 29,500 shares in the last quarter. Susquehanna International Group LLP purchased a new stake in Determine in the 2nd quarter worth approximately $203,000. Finally, AWM Investment Company Inc. lifted its position in Determine by 103.2% in the 2nd quarter. AWM Investment Company Inc. now owns 1,455,220 shares of the technology company’s stock worth $3,871,000 after buying an additional 739,000 shares in the last quarter. Institutional investors own 17.63% of the company’s stock.

A number of equities analysts recently commented on DTRM shares. B. Riley reaffirmed a “buy” rating and issued a $3.50 price objective on shares of Determine in a research note on Monday, December 4th. ValuEngine lowered shares of Determine from a “sell” rating to a “strong sell” rating in a research note on Friday, December 1st. Finally, Maxim Group lowered shares of Determine from a “buy” rating to a “hold” rating in a research note on Friday, November 10th.

ILLEGAL ACTIVITY WARNING: This piece of content was published by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece of content on another website, it was illegally copied and republished in violation of US and international copyright & trademark laws. The legal version of this piece of content can be viewed at

About Determine

Determine, Inc, (Determine), formerly Selectica, Inc, is a provider of enterprise contract management, supply management and configuration solutions. The Company is engaged in providing software as a service (SaaS) Source to Pay and Enterprise Contract Lifecyclem Management (ECLM) solutions. Its Source to Pay software suite includes strategic sourcing, supplier management, contract management and procure-to-pay applications.

Insider Buying and Selling by Quarter for Determine (NASDAQ:DTRM)

What are top analysts saying about Determine? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Determine and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit