Professional Diversity Network, Inc. (NASDAQ:IPDN) CEO Maoji Wang acquired 18,000 shares of the stock in a transaction that occurred on Friday, June 9th. The shares were bought at an average price of $8.16 per share, for a total transaction of $146,880.00. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Professional Diversity Network, Inc. (NASDAQ:IPDN) opened at 8.02 on Tuesday. Professional Diversity Network, Inc. has a 1-year low of $2.85 and a 1-year high of $13.90. The company’s 50 day moving average is $8.37 and its 200-day moving average is $9.40. The firm’s market cap is $31.52 million.

Professional Diversity Network (NASDAQ:IPDN) last announced its earnings results on Monday, May 15th. The information services provider reported ($0.80) earnings per share (EPS) for the quarter. Professional Diversity Network had a negative return on equity of 23.86% and a negative net margin of 23.54%. The company had revenue of $5.63 million for the quarter. On average, analysts predict that Professional Diversity Network, Inc. will post ($2.56) EPS for the current fiscal year.

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A hedge fund recently bought a new stake in Professional Diversity Network stock. Renaissance Technologies LLC acquired a new stake in shares of Professional Diversity Network, Inc. (NASDAQ:IPDN) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 27,239 shares of the information services provider’s stock, valued at approximately $297,000. Renaissance Technologies LLC owned approximately 1.51% of Professional Diversity Network as of its most recent filing with the SEC. Institutional investors own 4.65% of the company’s stock.

About Professional Diversity Network

Professional Diversity Network, Inc is an operator of professional networks with a focus on diversity. The Company serves various communities, including Women, Hispanic-Americans, African-Americans, Asian-Americans, Disabled, Military Professionals, and Lesbian, Gay, Bisexual and Transgender (LGBT). The Company’s segments include Professional Diversity Network (PDN Network), which includes online professional networking communities with career resources for the needs of various diverse cultural groups; National Association of Professional Women (NAPW Network), a women-only professional networking organization, and Noble Voice operations (Noble Voice), a career consultation and lead generation service.

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