Intersections, Inc. (INTX) Chairman Sells $91,200.00 in Stock
Intersections, Inc. (NASDAQ:INTX) Chairman Michael R. Stanfield sold 20,000 shares of Intersections stock in a transaction on Monday, July 17th. The shares were sold at an average price of $4.56, for a total value of $91,200.00. Following the sale, the chairman now directly owns 1,109,693 shares of the company’s stock, valued at approximately $5,060,200.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Intersections, Inc. (NASDAQ:INTX) traded down 2.00% during mid-day trading on Tuesday, reaching $4.40. The company had a trading volume of 9,662 shares. The stock’s market cap is $105.04 million. The firm’s 50-day moving average price is $4.82 and its 200-day moving average price is $4.26. Intersections, Inc. has a 12 month low of $1.70 and a 12 month high of $5.75.
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A hedge fund recently raised its stake in Intersections stock. Loeb Partners Corp raised its stake in Intersections, Inc. (NASDAQ:INTX) by 7.1% during the first quarter, according to its most recent filing with the SEC. The fund owned 52,645 shares of the business services provider’s stock after buying an additional 3,500 shares during the period. Loeb Partners Corp owned 0.22% of Intersections worth $212,000 as of its most recent SEC filing. Institutional investors and hedge funds own 27.54% of the company’s stock.
Intersections Inc uses data to enable consumers reduce risk through subscription services. The Company’s operating segments include Personal Information Services, Insurance and Other Consumer Services, and Bail Bonds Industry Solutions. The Company’s Personal Information Services business segment focuses on helping consumers understand, monitor, manage and protect against the risks associated with third parties misusing their personal information and violating their privacy.
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