IDI, Inc. (NASDAQ:COGT) Director Michael Brauser acquired 3,500 shares of IDI stock in a transaction that occurred on Friday, December 1st. The stock was bought at an average cost of $4.18 per share, with a total value of $14,630.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.
Michael Brauser also recently made the following trade(s):
- On Friday, November 10th, Michael Brauser acquired 700 shares of IDI stock. The stock was bought at an average cost of $4.34 per share, with a total value of $3,038.00.
- On Wednesday, November 15th, Michael Brauser acquired 7,500 shares of IDI stock. The stock was bought at an average cost of $4.09 per share, with a total value of $30,675.00.
- On Monday, November 13th, Michael Brauser acquired 7,000 shares of IDI stock. The stock was bought at an average cost of $4.23 per share, with a total value of $29,610.00.
Shares of IDI, Inc. (COGT) opened at $4.15 on Monday. IDI, Inc. has a 1-year low of $3.05 and a 1-year high of $6.30. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.29.
Hedge funds and other institutional investors have recently modified their holdings of the business. Parametric Portfolio Associates LLC acquired a new stake in IDI in the 1st quarter valued at about $179,000. Bank of New York Mellon Corp lifted its holdings in IDI by 25.6% in the 1st quarter. Bank of New York Mellon Corp now owns 75,437 shares of the technology company’s stock valued at $350,000 after acquiring an additional 15,384 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its stake in IDI by 328.2% during the first quarter. Schwab Charles Investment Management Inc. now owns 103,200 shares of the technology company’s stock valued at $480,000 after buying an additional 79,100 shares in the last quarter. 8.86% of the stock is owned by institutional investors.
Several research firms recently weighed in on COGT. Zacks Investment Research downgraded shares of IDI from a “hold” rating to a “sell” rating in a report on Tuesday, August 15th. Roth Capital set a $8.00 price objective on shares of IDI and gave the stock a “buy” rating in a report on Tuesday, August 8th. Finally, Chardan Capital reaffirmed a “buy” rating and issued a $7.00 price objective (down previously from $12.50) on shares of IDI in a report on Thursday, November 9th.
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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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