Insider Buying: Cogint, Inc. (COGT) CEO Buys 100,000 Shares of Stock

Cogint, Inc. (NASDAQ:COGT) CEO Ryan Schulke purchased 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 13th. The stock was bought at an average price of $2.93 per share, with a total value of $293,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Cogint, Inc. (COGT) traded down $0.45 during mid-day trading on Tuesday, reaching $3.00. 2,358,600 shares of the company’s stock traded hands, compared to its average volume of 1,206,397. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29. Cogint, Inc. has a 12-month low of $2.60 and a 12-month high of $6.95. The company has a market capitalization of $196.58, a price-to-earnings ratio of -3.03 and a beta of 0.12.

An institutional investor recently bought a new position in Cogint stock. Virtu Financial LLC bought a new stake in shares of Cogint, Inc. (NASDAQ:COGT) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 68,897 shares of the technology company’s stock, valued at approximately $303,000. Virtu Financial LLC owned about 0.11% of Cogint at the end of the most recent reporting period. 8.05% of the stock is owned by institutional investors.

Several research firms have weighed in on COGT. Zacks Investment Research upgraded shares of Cogint from a “sell” rating to a “hold” rating in a research note on Thursday, February 8th. Chardan Capital reiterated a “buy” rating and set a $7.00 target price (down previously from $12.50) on shares of Cogint in a research note on Thursday, November 9th.

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Cogint 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 Cogint (NASDAQ:COGT)

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