Zacks: Helios and Matheson Analytics Inc (HMNY) Receives Average Recommendation of “Strong Buy” from Brokerages
Helios and Matheson Analytics Inc (NASDAQ:HMNY) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Brokers have set a 12 month consensus price objective of $25.00 for the company, according to Zacks. Zacks has also given Helios and Matheson Analytics an industry rank of 212 out of 265 based on the ratings given to related companies.
Separately, Maxim Group set a $25.00 price target on Helios and Matheson Analytics and gave the stock a “buy” rating in a research note on Tuesday.
In other news, Director Muralikrishna Gadiyaram sold 170,000 shares of the firm’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $13.00, for a total transaction of $2,210,000.00. Following the completion of the sale, the director now directly owns 750,000 shares of the company’s stock, valued at approximately $9,750,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 37.50% of the stock is currently owned by corporate insiders.
A hedge fund recently bought a new stake in Helios and Matheson Analytics stock. Phoenix Investment Adviser LLC bought a new stake in Helios and Matheson Analytics Inc (NASDAQ:HMNY) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 46,000 shares of the information technology services provider’s stock, valued at approximately $584,000. Helios and Matheson Analytics accounts for about 0.5% of Phoenix Investment Adviser LLC’s holdings, making the stock its 29th largest position. Phoenix Investment Adviser LLC owned 0.48% of Helios and Matheson Analytics at the end of the most recent reporting period. Institutional investors and hedge funds own 1.80% of the company’s stock.
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About Helios and Matheson Analytics
Helios and Matheson Analytics Inc is an information technology services company. The Company offers its clients a suite of services of predictive analytics with technology. The Company provides offerings in the areas of application value management, application development, integration, independent validation, infrastructure and information management, and analytics services.
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