Michael Brauser Purchases 5,037 Shares of Cogint, Inc. (COGT) Stock

Cogint, Inc. (NASDAQ:COGT) Director Michael Brauser bought 5,037 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The stock was purchased at an average cost of $4.00 per share, with a total value of $20,148.00. Following the purchase, the director now directly owns 329,235 shares in the company, valued at approximately $1,316,940. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Michael Brauser also recently made the following trade(s):

  • On Tuesday, December 12th, Michael Brauser bought 500 shares of Cogint stock. The stock was purchased at an average cost of $3.90 per share, with a total value of $1,950.00.
  • On Friday, December 8th, Michael Brauser bought 2,500 shares of Cogint stock. The stock was purchased at an average cost of $3.99 per share, with a total value of $9,975.00.
  • On Friday, December 1st, Michael Brauser bought 3,500 shares of Cogint stock. The stock was purchased at an average cost of $4.18 per share, with a total value of $14,630.00.
  • On Friday, November 10th, Michael Brauser bought 700 shares of Cogint stock. The stock was purchased at an average cost of $4.34 per share, with a total value of $3,038.00.
  • On Wednesday, November 15th, Michael Brauser bought 7,500 shares of Cogint stock. The stock was purchased at an average cost of $4.09 per share, with a total value of $30,675.00.
  • On Monday, November 13th, Michael Brauser bought 7,000 shares of Cogint stock. The stock was purchased at an average cost of $4.23 per share, with a total value of $29,610.00.

Cogint, Inc. (NASDAQ COGT) traded up $0.12 on Friday, reaching $3.85. The company’s stock had a trading volume of 440,940 shares, compared to its average volume of 276,914. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.60 and a quick ratio of 1.60. Cogint, Inc. has a 52 week low of $3.15 and a 52 week high of $6.30.

Cogint (NASDAQ:COGT) last posted its quarterly earnings results on Wednesday, November 8th. The technology company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.09). The business had revenue of $57.25 million during the quarter, compared to analysts’ expectations of $62.24 million. Cogint had a negative net margin of 24.45% and a negative return on equity of 17.78%. The firm’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.19) EPS. sell-side analysts forecast that Cogint, Inc. will post -1.02 EPS for the current fiscal year.

Several research analysts recently weighed in on COGT shares. Zacks Investment Research downgraded shares of Cogint from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. Chardan Capital restated a “buy” rating and issued a $7.00 price target (down previously from $12.50) on shares of Cogint in a report on Thursday, November 9th.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp grew its holdings in Cogint 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 during the period. Parametric Portfolio Associates LLC purchased a new stake in Cogint in the 1st quarter valued at about $179,000. Finally, Schwab Charles Investment Management Inc. grew its holdings in Cogint 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 during the period. Institutional investors own 8.86% of the company’s stock.

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About Cogint

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.

Insider Buying and Selling by Quarter for Cogint (NASDAQ:COGT)

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