NXT-ID Inc (NASDAQ:NXTD) COO Michael Joseph Orlando sold 10,000 shares of the business’s stock in a transaction dated Tuesday, March 13th. The shares were sold at an average price of $2.72, for a total transaction of $27,200.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Michael Joseph Orlando also recently made the following trade(s):
- On Tuesday, February 13th, Michael Joseph Orlando sold 10,000 shares of NXT-ID stock. The shares were sold at an average price of $2.06, for a total transaction of $20,600.00.
NXT-ID Inc (NXTD) traded up $0.08 during mid-day trading on Friday, reaching $2.53. The company had a trading volume of 221,262 shares, compared to its average volume of 2,335,684. The firm has a market capitalization of $61.99, a P/E ratio of -2.73 and a beta of -5.17. NXT-ID Inc has a fifty-two week low of $1.01 and a fifty-two week high of $8.59. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.32 and a current ratio of 0.61.
A number of research analysts recently commented on the company. Maxim Group set a $5.00 price target on NXT-ID and gave the company a “buy” rating in a research note on Tuesday, December 19th. ValuEngine raised NXT-ID from a “sell” rating to a “hold” rating in a research note on Friday, December 1st.
Hedge funds have recently bought and sold shares of the stock. Bank of Montreal Can bought a new position in shares of NXT-ID during the 4th quarter worth approximately $100,000. Vanguard Group Inc. boosted its holdings in shares of NXT-ID by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 76,010 shares of the technology company’s stock worth $144,000 after buying an additional 1,609 shares in the last quarter. Finally, Millennium Management LLC bought a new position in shares of NXT-ID during the 4th quarter worth approximately $145,000. 3.07% of the stock is owned by institutional investors and hedge funds.
WARNING: This piece of content was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this piece of content on another domain, it was copied illegally and republished in violation of international trademark & copyright laws. The correct version of this piece of content can be accessed at https://www.dispatchtribunal.com/2018/03/16/michael-joseph-orlando-sells-10000-shares-of-nxt-id-inc-nxtd-stock-2.html.
NXT-ID Company Profile
Nxt-ID, Inc is a technology company. The Company is focused on products, solutions and services for security on mobile devices. The Company’s core technologies consist of those that support digital payments, biometric identification, encryption, sensors and miniaturization. It has three lines of business: mobile commerce (m-commerce), primarily through the application of secure digital payment technologies; biometric access control applications, and Department of Defense contracting.
Receive News & Ratings for NXT-ID Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXT-ID and related companies with MarketBeat.com's FREE daily email newsletter.