Cogint, Inc. (NASDAQ:COGT) insider Matthew Conlin purchased 20,000 shares of the company’s stock in a transaction dated Tuesday, February 13th. The stock was purchased at an average price of $2.81 per share, with a total value of $56,200.00. Following the transaction, the insider now owns 2,828,235 shares of the company’s stock, valued at $7,947,340.35. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of Cogint, Inc. (NASDAQ COGT) opened at $3.15 on Wednesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.60 and a current ratio of 1.60. The company has a market capitalization of $196.58, a price-to-earnings ratio of -3.32 and a beta of 0.12. Cogint, Inc. has a 52 week low of $2.60 and a 52 week high of $6.95.
COGT has been the subject of a number of research analyst reports. Chardan Capital restated a “buy” rating and issued a $7.00 price target (down previously from $12.50) on shares of Cogint in a research report on Thursday, November 9th. Zacks Investment Research raised Cogint from a “sell” rating to a “hold” rating in a research note on Monday, October 23rd.
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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.
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