I.D. Systems (IDSY) Earns Daily Media Impact Score of 0.05

Media headlines about I.D. Systems (NASDAQ:IDSY) have trended somewhat positive this week, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. I.D. Systems earned a news impact score of 0.05 on Accern’s scale. Accern also assigned headlines about the communications equipment provider an impact score of 46.1860868942366 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Several brokerages have recently issued reports on IDSY. Zacks Investment Research raised shares of I.D. Systems from a “hold” rating to a “buy” rating and set a $7.75 price objective on the stock in a research note on Thursday, July 20th. B. Riley reaffirmed a “buy” rating and issued a $8.00 price objective on shares of I.D. Systems in a research note on Saturday, August 5th. Finally, ValuEngine raised shares of I.D. Systems from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. I.D. Systems presently has a consensus rating of “Buy” and an average target price of $7.63.

Shares of I.D. Systems (NASDAQ:IDSY) traded down 2.96% during trading on Wednesday, hitting $6.22. 24,562 shares of the stock traded hands. I.D. Systems has a 1-year low of $4.63 and a 1-year high of $7.34. The company has a 50 day moving average of $6.64 and a 200-day moving average of $6.43. The company’s market cap is $84.52 million.

In related news, major shareholder Lloyd I. Miller III purchased 260,000 shares of the stock in a transaction dated Wednesday, July 12th. The stock was bought at an average cost of $5.75 per share, with a total value of $1,495,000.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 12.17% of the company’s stock.

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I.D. Systems Company Profile

I.D. Systems, Inc (I.D. Systems) develops, markets and sells wireless machine-to-machine solutions for managing and securing enterprise assets, which include industrial vehicles, such as forklifts and airport ground support equipment, rental vehicles, and transportation assets, such as dry van trailers, refrigerated trailers, railcars and containers.

Insider Buying and Selling by Quarter for I.D. Systems (NASDAQ:IDSY)

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