Iteris Inc (ITI) Insider Sells $228,750.00 in Stock
Iteris Inc (NASDAQ:ITI) insider Todd Kreter sold 37,500 shares of the stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $6.10, for a total value of $228,750.00. Following the sale, the insider now owns 40,803 shares of the company’s stock, valued at $248,898.30. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Todd Kreter also recently made the following trade(s):
- On Monday, September 11th, Todd Kreter sold 40,000 shares of Iteris stock. The shares were sold at an average price of $6.19, for a total value of $247,600.00.
Shares of Iteris Inc (NASDAQ:ITI) traded down $0.18 during mid-day trading on Thursday, reaching $6.01. The company had a trading volume of 175,700 shares, compared to its average volume of 148,167. Iteris Inc has a 52 week low of $3.24 and a 52 week high of $8.17.
Several brokerages recently weighed in on ITI. Zacks Investment Research cut Iteris from a “buy” rating to a “hold” rating in a report on Friday, September 15th. Dougherty & Co restated a “buy” rating on shares of Iteris in a report on Thursday, August 17th. Finally, B. Riley restated a “buy” rating and set a $9.00 target price on shares of Iteris in a report on Monday, August 14th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Iteris presently has an average rating of “Buy” and a consensus target price of $8.31.
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Iteris Company Profile
Iteris, Inc is a provider of information solutions for both the traffic management and global agribusiness markets. The Company operates through three segments: Roadway Sensors, Transportation Systems and Performance Analytics. The Roadway Sensors segment provides various vehicle detection and information systems and products for traffic intersection control, incident detection and roadway traffic data collection applications.
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