Intersections Inc. (NASDAQ:INTX) Chairman Michael R. Stanfield sold 5,000 shares of the stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $2.08, for a total value of $10,400.00. Following the completion of the sale, the chairman now directly owns 1,009,405 shares of the company’s stock, valued at approximately $2,099,562.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Intersections Inc. (NASDAQ INTX) traded up $0.02 during mid-day trading on Wednesday, hitting $2.03. The stock had a trading volume of 213,971 shares, compared to its average volume of 34,628. The firm has a market capitalization of $48.68, a PE ratio of -1.70 and a beta of 0.62. The company has a current ratio of 0.98, a quick ratio of 0.82 and a debt-to-equity ratio of -5.43. Intersections Inc. has a 12 month low of $1.88 and a 12 month high of $5.75.
A hedge fund recently raised its stake in Intersections stock. Northern Trust Corp grew 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 and Exchange Commission. The firm owned 23,086 shares of the business services provider’s stock after buying an additional 736 shares during the period. Northern Trust Corp owned 0.10% of Intersections worth $109,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 24.76% of the company’s stock.
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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.
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