IDI, Inc. (NASDAQ:COGT) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Monday.

According to Zacks, “Cogint, Inc. is involved in data analytics products and services. The Company offers cloud-based mobile user and data acquisition, audience, risk management and marketing solutions to the risk management industry. Cogint Inc., formerly known as IDI Inc., is based in Beverly Hills, United States. “

Separately, Roth Capital began coverage on shares of IDI in a report on Thursday, June 29th. They set a “buy” rating and a $7.65 price objective on the stock.

IDI (NASDAQ COGT) traded down 4.17% during mid-day trading on Monday, reaching $4.60. 115,071 shares of the company’s stock traded hands. The company has a 50 day moving average price of $4.95 and a 200-day moving average price of $4.95. The stock’s market cap is $253.96 million. IDI has a 12 month low of $2.90 and a 12 month high of $6.30.

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Institutional investors and hedge funds have recently bought and sold shares of the business. Parametric Portfolio Associates LLC purchased a new position in IDI during the 1st quarter worth $179,000. Wells Fargo & Company MN boosted its holdings in IDI by 1,009.3% during the 1st quarter. Wells Fargo & Company MN now owns 59,212 shares of the technology company’s stock worth $276,000 after acquiring an additional 53,874 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in IDI by 25.6% during the 1st quarter. Bank of New York Mellon Corp now owns 75,437 shares of the technology company’s stock worth $350,000 after acquiring an additional 15,384 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its holdings in IDI by 328.2% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 103,200 shares of the technology company’s stock worth $480,000 after acquiring an additional 79,100 shares during the last quarter. 8.76% of the stock is currently owned by hedge funds and other institutional investors.

IDI Company Profile

IDI, Inc, formerly Tiger Media, Inc, is a data and analytics company providing information and marketing solutions to businesses in a range of industries. The Company operates through two segments: Information Services and Performance Marketing. The Company serves the risk management and the consumer marketing industries through its consolidated subsidiaries, Interactive Data, LLC and Fluent, LLC, respectively.

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