Michael R. Stanfield Sells 5,000 Shares of Intersections Inc. (INTX) Stock

Intersections Inc. (NASDAQ:INTX) Chairman Michael R. Stanfield sold 5,000 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $2.09, for a total value of $10,450.00. Following the completion of the sale, the chairman now directly owns 1,029,405 shares of the company’s stock, valued at $2,151,456.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Intersections Inc. (NASDAQ:INTX) opened at $2.08 on Tuesday. Intersections Inc. has a 52 week low of $1.88 and a 52 week high of $5.75. The company has a debt-to-equity ratio of -5.43, a quick ratio of 0.82 and a current ratio of 0.98.

Intersections (NASDAQ:INTX) last issued its quarterly earnings data on Monday, November 13th. The business services provider reported ($0.14) EPS for the quarter. The company had revenue of $39.25 million during the quarter. Intersections had a negative return on equity of 1,958.20% and a negative net margin of 17.41%.

A hedge fund recently raised its stake in Intersections stock. Northern Trust Corp raised its stake in Intersections Inc. (NASDAQ:INTX) by 3.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,086 shares of the business services provider’s stock after purchasing an additional 736 shares during the quarter. Northern Trust Corp owned 0.10% of Intersections worth $109,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 25.23% of the company’s stock.

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About Intersections

Intersections Inc uses data to enable consumers reduce risk through subscription services. The Company’s operating segments include Personal Information Services, Insurance and Other Consumer Services, and Bail Bonds Industry Solutions. The Company’s Personal Information Services business segment focuses on helping consumers understand, monitor, manage and protect against the risks associated with third parties misusing their personal information and violating their privacy.

Insider Buying and Selling by Quarter for Intersections (NASDAQ:INTX)

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