IDI, Inc. (NASDAQ:COGT) Director Michael Brauser bought 5,037 shares of IDI stock in a transaction that occurred on Tuesday, December 5th. The stock was purchased at an average price of $4.00 per share, with a total value of $20,148.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Michael Brauser also recently made the following trade(s):

  • On Friday, December 1st, Michael Brauser bought 3,500 shares of IDI stock. The stock was purchased at an average price of $4.18 per share, with a total value of $14,630.00.
  • On Friday, November 10th, Michael Brauser bought 700 shares of IDI stock. The stock was purchased at an average price of $4.34 per share, with a total value of $3,038.00.
  • On Wednesday, November 15th, Michael Brauser bought 7,500 shares of IDI stock. The stock was purchased at an average price of $4.09 per share, with a total value of $30,675.00.
  • On Monday, November 13th, Michael Brauser bought 7,000 shares of IDI stock. The stock was purchased at an average price of $4.23 per share, with a total value of $29,610.00.

IDI, Inc. (NASDAQ:COGT) traded down $0.17 during midday trading on Wednesday, hitting $4.00. The company’s stock had a trading volume of 459,700 shares, compared to its average volume of 234,306. IDI, Inc. has a twelve month low of $3.15 and a twelve month 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 released its quarterly earnings data 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). The company had revenue of $57.25 million for the quarter, compared to analysts’ expectations of $62.24 million. IDI had a negative net margin of 24.45% and a negative return on equity of 17.78%. The business’s quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.19) EPS. analysts forecast that IDI, Inc. will post -1.02 EPS for the current year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in COGT. Parametric Portfolio Associates LLC purchased a new position in shares of IDI in the 1st quarter valued at about $179,000. Schwab Charles Investment Management Inc. increased its stake in shares of IDI by 328.2% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 103,200 shares of the technology company’s stock valued at $480,000 after purchasing an additional 79,100 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of IDI by 31.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 99,206 shares of the technology company’s stock valued at $500,000 after purchasing an additional 23,769 shares in the last quarter. Institutional investors and hedge funds own 8.86% of the company’s stock.

A number of equities analysts have weighed in on COGT shares. Zacks Investment Research lowered IDI from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. Chardan Capital reiterated a “buy” rating and set a $7.00 price objective (down previously from $12.50) on shares of IDI in a research note on Thursday, November 9th. Finally, Roth Capital set a $8.00 price objective on IDI and gave the company a “buy” rating in a research note on Tuesday, August 8th.

ILLEGAL ACTIVITY WARNING: This report was first reported by American Banking News and is the property of of American Banking News. If you are viewing this report on another domain, it was copied illegally and reposted in violation of U.S. & international copyright law. The correct version of this report can be accessed at https://www.americanbankingnews.com/2017/12/06/insider-buying-idi-inc-cogt-director-acquires-5037-shares-of-stock.html.

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.

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

Receive News & Ratings for IDI Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IDI Inc. and related companies with MarketBeat.com's FREE daily email newsletter.