Intelligent Systems Co. (NYSEAMERICAN:INS) shares dropped 10.7% during mid-day trading on Friday . The stock traded as low as $33.03 and last traded at $34.93. Approximately 691,065 shares were traded during mid-day trading, an increase of 487% from the average daily volume of 117,791 shares. The stock had previously closed at $39.11.
Intelligent Systems (NYSEAMERICAN:INS) last posted its earnings results on Friday, May 3rd. The industrial products company reported $0.23 earnings per share for the quarter. The firm had revenue of $6.97 million during the quarter.
Institutional investors have recently bought and sold shares of the business. Citigroup Inc. acquired a new stake in shares of Intelligent Systems during the first quarter valued at $96,000. Advisor Group Inc. acquired a new stake in shares of Intelligent Systems during the first quarter valued at $117,000. BlackRock Inc. boosted its stake in shares of Intelligent Systems by 84.8% during the third quarter. BlackRock Inc. now owns 9,387 shares of the industrial products company’s stock valued at $100,000 after acquiring an additional 4,307 shares during the last quarter. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Intelligent Systems during the first quarter valued at $144,000. Finally, ExodusPoint Capital Management LP acquired a new stake in shares of Intelligent Systems during the first quarter valued at $365,000.
ILLEGAL ACTIVITY NOTICE: “Intelligent Systems (INS) Trading Down 10.7%” was first published by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this piece on another site, it was illegally copied and republished in violation of international copyright and trademark laws. The correct version of this piece can be read at https://sportsperspectives.com/2019/05/26/intelligent-systems-ins-trading-down-10-7.html.
Intelligent Systems Corporation, through its subsidiary, CoreCard Software, Inc, provides technology solutions and processing services to the financial technology and services market in the United States and European Union. The company designs, develops, and markets a suite of software solutions to accounts receivable businesses, financial institutions, retailers, and processors.
Featured Article: Call Option
Receive News & Ratings for Intelligent Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intelligent Systems and related companies with MarketBeat.com's FREE daily email newsletter.