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Inuvo (NASDAQ:INUV) Director Charles D. Morgan bought 25,000 shares of the company’s stock in a transaction that occurred on Monday, June 9th. The shares were purchased at an average cost of $0.82 per share, for a total transaction of $20,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

A number of research firms have recently commented on INUV. Analysts at TheStreet upgraded shares of Inuvo from a “sell” rating to a “hold” rating in a research note on Friday, May 30th. Separately, analysts at Taglich Brothers initiated coverage on shares of Inuvo in a research note on Wednesday, May 28th. They set a “speculative buy” rating and a $1.45 price target on the stock. Finally, analysts at Sidoti upgraded shares of Inuvo from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 30th.

Shares of Inuvo (NASDAQ:INUV) opened at 0.91 on Friday. Inuvo has a 52-week low of $0.63 and a 52-week high of $1.94. The stock’s 50-day moving average is $0.78 and its 200-day moving average is $1.07. The company has a market cap of $21.4 million and a price-to-earnings ratio of 13.55.

Inuvo (NASDAQ:INUV) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.03 earnings per share for the quarter. During the same quarter last year, the company posted ($0.04) earnings per share. On average, analysts predict that Inuvo will post $0.05 earnings per share for the current fiscal year.

Inuvo, Inc develops software and analytics technology that is accessible over the Internet for use by online advertisers and Website publishers.

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