Emancipation Management Llc Sells 25,000 Shares of I.D. Systems, Inc. (IDSY) Stock

I.D. Systems, Inc. (NASDAQ:IDSY) major shareholder Emancipation Management Llc sold 25,000 shares of I.D. Systems stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $6.90, for a total value of $172,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Emancipation Management Llc also recently made the following trade(s):

  • On Tuesday, October 2nd, Emancipation Management Llc bought 100 shares of I.D. Systems stock. The stock was purchased at an average cost of $7.63 per share, with a total value of $763.00.

Shares of I.D. Systems, Inc. (NASDAQ IDSY) traded up $0.23 on Monday, hitting $7.39. The stock had a trading volume of 34,548 shares, compared to its average volume of 51,082. The stock has a market cap of $128.32, a PE ratio of -19.45, a PEG ratio of 0.85 and a beta of -0.01. I.D. Systems, Inc. has a fifty-two week low of $5.50 and a fifty-two week high of $7.75.

I.D. Systems (NASDAQ:IDSY) last announced its quarterly earnings data on Thursday, November 9th. The communications equipment provider reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.03. I.D. Systems had a negative return on equity of 22.16% and a negative net margin of 13.02%. equities analysts forecast that I.D. Systems, Inc. will post -0.16 earnings per share for the current fiscal year.

Several equities analysts have weighed in on IDSY shares. B. Riley reaffirmed a “buy” rating and issued a $8.50 target price on shares of I.D. Systems in a research report on Friday, November 10th. Zacks Investment Research downgraded I.D. Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Victory Capital Management Inc. purchased a new position in shares of I.D. Systems in the 3rd quarter valued at about $2,816,000. Vanguard Group Inc. boosted its stake in shares of I.D. Systems by 2.0% in the 2nd quarter. Vanguard Group Inc. now owns 369,627 shares of the communications equipment provider’s stock valued at $2,266,000 after buying an additional 7,200 shares during the period. Ardsley Advisory Partners boosted its stake in shares of I.D. Systems by 86.9% in the 2nd quarter. Ardsley Advisory Partners now owns 264,021 shares of the communications equipment provider’s stock valued at $1,636,000 after buying an additional 122,779 shares during the period. Archon Capital Management LLC purchased a new position in shares of I.D. Systems in the 3rd quarter valued at about $1,386,000. Finally, Punch & Associates Investment Management Inc. purchased a new position in shares of I.D. Systems in the 2nd quarter valued at about $837,000. Institutional investors and hedge funds own 46.67% of the company’s stock.

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I.D. Systems Company Profile

I.D. Systems, Inc (I.D. Systems) develops, markets and sells wireless machine-to-machine solutions for managing and securing enterprise assets, which include industrial vehicles, such as forklifts and airport ground support equipment, rental vehicles, and transportation assets, such as dry van trailers, refrigerated trailers, railcars and containers.

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