Information Analysis Incorporated Major Shareholder Joseph Patrick Daly Purchases 142,737 Shares (IAIC)
Information Analysis Incorporated (NASDAQ:IAIC) major shareholder Joseph Patrick Daly purchased 142,737 shares of Information Analysis Incorporated stock in a transaction that occurred on Wednesday, September 18th. The shares were purchased at an average price of $0.13 per share, for a total transaction of $18,555.81. Following the acquisition, the insider now directly owns 325,000 shares of the company’s stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Information Analysis Incorporated (NASDAQ:IAIC) traded up 0.77% on Wednesday, hitting $0.131. The stock had a trading volume of 142,737 shares. Information Analysis Incorporated has a one year low of $0.10 and a one year high of $0.18. The stock’s 50-day moving average is $0.14 and its 200-day moving average is $0.16. The company’s market cap is $1.5 million.
Information Analysis Incorporated (NASDAQ:IAIC) is in the business of modernizing client information systems, developing and maintaining information technology systems, and performing consulting services to government and commercial organizations.
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