Insider Selling: Austin W. & Greenhouse Da Marxe Unloads 488,892 Shares of Image Sensing Systems Stock (ISNS)
Image Sensing Systems (NASDAQ:ISNS) major shareholder Austin W. & Greenhouse Da Marxe unloaded 488,892 shares of the stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $3.78, for a total value of $1,848,011.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Image Sensing Systems (NASDAQ:ISNS) traded down 7.35% on Thursday, hitting $3.78. 3,857,307 shares of the company’s stock traded hands. Image Sensing Systems has a 52-week low of $2.10 and a 52-week high of $7.50. The stock’s 50-day moving average is $2.75 and its 200-day moving average is $4.11. The company’s market cap is $18.8 million.
Image Sensing Systems (NASDAQ:ISNS) last released its earnings data on Wednesday, July 30th. The company reported ($0.22) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.05) by $0.17. Analysts expect that Image Sensing Systems will post $-1.12 EPS for the current fiscal year.
Image Sensing Systems, Inc develops and markets video and radar image processing products for use in traffic applications, such as intersection control, highway, bridge and tunnel traffic management and traffic data collection.
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