Cogint, Inc. (NASDAQ:COGT) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the three analysts that provide coverage for the company, Zacks Investment Research reports. Three analysts have rated the stock with a strong buy recommendation.
Analysts have set a 12-month consensus price target of $6.88 for the company and are expecting that the company will post ($0.16) EPS for the current quarter, according to Zacks. Zacks has also given Cogint an industry rank of 117 out of 265 based on the ratings given to its competitors.
COGT has been the subject of several research reports. Zacks Investment Research cut shares of Cogint from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. Chardan Capital restated a “buy” rating and issued a $7.00 price objective (down previously from $12.50) on shares of Cogint in a research report on Thursday, November 9th.
In related news, CEO Ryan Schulke acquired 100,000 shares of the stock in a transaction on Tuesday, February 13th. The stock was purchased at an average price of $2.93 per share, for a total transaction of $293,000.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Michael Brauser acquired 18,000 shares of the stock in a transaction on Friday, December 15th. The stock was bought at an average price of $3.65 per share, with a total value of $65,700.00. Following the transaction, the director now directly owns 329,235 shares in the company, valued at approximately $1,201,707.75. The disclosure for this purchase can be found here. Insiders acquired a total of 153,037 shares of company stock valued at $473,403 in the last 90 days. Corporate insiders own 54.10% of the company’s stock.
Large investors have recently modified their holdings of the company. Deutsche Bank AG grew its position in shares of Cogint by 141.0% during the 4th quarter. Deutsche Bank AG now owns 45,423 shares of the technology company’s stock worth $199,000 after buying an additional 26,579 shares during the period. Virtu Financial LLC acquired a new stake in shares of Cogint during the 4th quarter worth approximately $303,000. Finally, Bank of New York Mellon Corp grew its position in shares of Cogint by 31.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 99,206 shares of the technology company’s stock worth $500,000 after buying an additional 23,769 shares during the period. Institutional investors own 8.15% of the company’s stock.
Cogint (NASDAQ COGT) traded up $0.15 on Monday, reaching $3.20. 670,854 shares of the company’s stock traded hands, compared to its average volume of 1,178,018. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.29. The firm has a market cap of $209.69, a PE ratio of -3.37 and a beta of 0.12. Cogint has a 52-week low of $2.60 and a 52-week high of $6.95.
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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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