Odysight.ai (NASDAQ:ODYS) Major Shareholder Y.D. More Investments Ltd Sells 323,443 Shares of Stock

Odysight.ai Inc. (NASDAQ:ODYS) major shareholder Y.D. More Investments Ltd sold 323,443 shares of the stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $3.33, for a total transaction of $1,077,065.19. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Y.D. More Investments Ltd also recently made the following trade(s):

• On Monday, January 5th, Y.D. More Investments Ltd sold 650 shares of Odysight.ai stock. The stock was sold at an average price of $3.26, for a total value of $2,119.00.
• On Monday, December 29th, Y.D. More Investments Ltd sold 8,980 shares of Odysight.ai stock. The shares were sold at an average price of $3.25, for a total value of $29,185.00.
• On Tuesday, December 23rd, Y.D. More Investments Ltd sold 3,350 shares of Odysight.ai stock. The stock was sold at an average price of $3.44, for a total value of $11,524.00.
• On Monday, December 15th, Y.D. More Investments Ltd sold 1,000 shares of Odysight.ai stock. The stock was sold at an average price of $3.05, for a total value of $3,050.00.
• On Thursday, December 11th, Y.D. More Investments Ltd sold 300,500 shares of Odysight.ai stock. The shares were sold at an average price of $3.40, for a total value of $1,021,700.00.
• On Wednesday, December 3rd, Y.D. More Investments Ltd sold 1,140 shares of Odysight.ai stock. The shares were sold at an average price of $3.34, for a total value of $3,807.60.
• On Monday, December 1st, Y.D. More Investments Ltd sold 5,000 shares of Odysight.ai stock. The stock was sold at an average price of $3.45, for a total value of $17,250.00.
• On Monday, November 10th, Y.D. More Investments Ltd sold 77,385 shares of Odysight.ai stock. The stock was sold at an average price of $3.35, for a total value of $259,239.75.
• On Wednesday, November 5th, Y.D. More Investments Ltd sold 3,550 shares of Odysight.ai stock. The shares were sold at an average price of $2.81, for a total transaction of $9,975.50.
• On Wednesday, October 22nd, Y.D. More Investments Ltd sold 2,800 shares of Odysight.ai stock. The shares were sold at an average price of $3.38, for a total transaction of $9,464.00.

Odysight.ai Trading Up 6.1%

Shares of ODYS opened at $3.80 on Friday. The stock has a market capitalization of $62.15 million, a PE ratio of -3.45 and a beta of 0.35. Odysight.ai Inc. has a 12 month low of $2.60 and a 12 month high of $10.80. The firm’s 50 day moving average is $3.29 and its 200-day moving average is $3.91.

Odysight.ai (NASDAQ:ODYS) last announced its quarterly earnings data on Thursday, November 13th. The company reported ($0.27) earnings per share for the quarter. The company had revenue of $0.15 million during the quarter. Odysight.ai had a negative net margin of 420.41% and a negative return on equity of 56.38%.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Odysight.ai in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $10.00.

Institutional Trading of Odysight.ai

An institutional investor recently bought a new position in Odysight.ai stock. Noked Israel Ltd bought a new stake in Odysight.ai Inc. (NASDAQ:ODYS) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 200,972 shares of the company’s stock, valued at approximately $904,000. Odysight.ai comprises 0.1% of Noked Israel Ltd’s portfolio, making the stock its 11th largest position. Noked Israel Ltd owned about 1.23% of Odysight.ai at the end of the most recent quarter. Institutional investors own 19.67% of the company’s stock.

Odysight.ai Company Profile

Odysight.ai, Inc engages in the development and manufacture of customized visual solutions for organizations across a variety of industries in the form of micro cameras and supplementary technologies. Its devices can used across the medical, aerospace, industrial, research, and defense industries. The company was founded on March 22, 2013 and is headquartered in Omer, Israel.