IDI, Inc. (COGT) Director Buys $14,630.00 in Stock

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.

IDI (NASDAQ:COGT) last issued its quarterly earnings results on Wednesday, November 8th. The technology company reported ($0.25) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.16) by ($0.09). IDI had a negative net margin of 24.45% and a negative return on equity of 17.78%. The business had revenue of $57.25 million during the quarter, compared to analyst estimates of $62.24 million. During the same period in the previous year, the company posted ($0.19) earnings per share. IDI’s revenue was up 9.7% compared to the same quarter last year. research analysts forecast that IDI, Inc. will post -1.02 EPS for the current fiscal year.

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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About IDI

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.

Insider Buying and Selling by Quarter for IDI (NASDAQ:COGT)

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