IDI, Inc. (NASDAQ:COGT) insider Michael Brauser acquired 7,500 shares of IDI stock in a transaction that occurred on Wednesday, November 15th. The stock was purchased at an average cost of $4.09 per share, with a total value of $30,675.00. Following the completion of the purchase, the insider now owns 329,235 shares in the company, valued at approximately $1,346,571.15. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Michael Brauser also recently made the following trade(s):
- On Friday, November 10th, Michael Brauser acquired 700 shares of IDI stock. The stock was purchased at an average cost of $4.34 per share, with a total value of $3,038.00.
- On Monday, November 13th, Michael Brauser acquired 7,000 shares of IDI stock. The stock was purchased at an average cost of $4.23 per share, with a total value of $29,610.00.
IDI, Inc. (NASDAQ COGT) traded down $0.03 during midday trading on Friday, reaching $3.95. The company had a trading volume of 363,049 shares, compared to its average volume of 187,034. IDI, Inc. has a 1 year low of $3.05 and a 1 year high of $6.30. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.60 and a quick ratio of 1.60.
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COGT has been the subject of several recent research reports. Roth Capital set a $8.00 price objective on IDI and gave the company a “buy” rating in a research note on Tuesday, August 8th. Chardan Capital reissued a “buy” rating and issued a $7.00 price objective (down from $12.50) on shares of IDI in a research note on Thursday, November 9th. Finally, Zacks Investment Research raised IDI from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th.
A number of large investors have recently modified their holdings of the business. Schwab Charles Investment Management Inc. grew its holdings in IDI by 328.2% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 103,200 shares of the technology company’s stock valued at $480,000 after buying an additional 79,100 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in IDI by 31.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 99,206 shares of the technology company’s stock valued at $500,000 after buying an additional 23,769 shares in the last quarter. Wells Fargo & Company MN grew its holdings in IDI by 1,009.3% in the 1st quarter. Wells Fargo & Company MN now owns 59,212 shares of the technology company’s stock valued at $276,000 after buying an additional 53,874 shares in the last quarter. Finally, Parametric Portfolio Associates LLC purchased a new stake in IDI in the 1st quarter valued at $179,000. Institutional investors own 9.02% of the company’s stock.
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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