Identiv, Inc. (NASDAQ:INVE) – Equities research analysts at Imperial Capital issued their FY2017 earnings per share (EPS) estimates for Identiv in a research note issued to investors on Tuesday. Imperial Capital analyst J. Kessler anticipates that the technology company will earn ($0.34) per share for the year. Imperial Capital also issued estimates for Identiv’s Q4 2017 earnings at ($0.06) EPS, Q1 2018 earnings at ($0.07) EPS, Q2 2018 earnings at ($0.06) EPS, Q3 2018 earnings at ($0.05) EPS, Q4 2018 earnings at ($0.03) EPS, FY2018 earnings at ($0.21) EPS and FY2019 earnings at ($0.11) EPS.

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Several other equities analysts have also recently issued reports on INVE. Northland Securities set a $10.00 target price on Identiv and gave the company a “buy” rating in a research note on Monday, August 7th. Zacks Investment Research cut Identiv from a “buy” rating to a “hold” rating in a research note on Tuesday, August 15th. Finally, ValuEngine cut Identiv from a “hold” rating to a “sell” rating in a research note on Thursday, October 26th.

Identiv (NASDAQ INVE) opened at $3.52 on Thursday. The company has a current ratio of 1.75, a quick ratio of 1.20 and a debt-to-equity ratio of 0.21. Identiv has a 12 month low of $2.41 and a 12 month high of $7.81.

A number of institutional investors have recently added to or reduced their stakes in INVE. First Eagle Investment Management LLC boosted its holdings in Identiv by 1,584.6% in the second quarter. First Eagle Investment Management LLC now owns 1,095,000 shares of the technology company’s stock worth $5,749,000 after acquiring an additional 1,030,000 shares in the last quarter. AWM Investment Company Inc. bought a new stake in Identiv in the second quarter worth $3,293,000. Essex Investment Management Co. LLC boosted its holdings in Identiv by 64.3% in the third quarter. Essex Investment Management Co. LLC now owns 263,974 shares of the technology company’s stock worth $1,225,000 after acquiring an additional 103,294 shares in the last quarter. Royce & Associates LP boosted its holdings in Identiv by 15.0% in the second quarter. Royce & Associates LP now owns 755,086 shares of the technology company’s stock worth $3,964,000 after acquiring an additional 98,497 shares in the last quarter. Finally, Manatuck Hill Partners LLC lifted its holdings in shares of Identiv by 170.0% during the second quarter. Manatuck Hill Partners LLC now owns 135,000 shares of the technology company’s stock valued at $709,000 after purchasing an additional 85,000 shares in the last quarter. 32.85% of the stock is currently owned by institutional investors and hedge funds.

In related news, Director Gary Kremen bought 10,000 shares of the company’s stock in a transaction on Wednesday, September 13th. The shares were acquired at an average cost of $4.37 per share, with a total value of $43,700.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 12.30% of the stock is owned by corporate insiders.

Identiv Company Profile

Identiv, Inc is a global security technology company. The Company operates through four segments: Physical access control systems (PACS), Identity, Credentials and All Other. PACS segment provides solutions and services that enable the issuance, management and use of secure identity credentials in diverse markets.

Earnings History and Estimates for Identiv (NASDAQ:INVE)

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