A Director at Identiv (INVE) is Buying Shares

Today, a Director at Identiv (INVE), Gary Kremen, bought shares of INVE for $49.98K.

This recent transaction increases Gary Kremen’s holding in the company by 4.95% to a total of $1.08 million.

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Based on Identiv’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $20.02 million and GAAP net loss of $287K. In comparison, last year the company earned revenue of $15.43 million and had a GAAP net loss of $1.03 million. Currently, Identiv has an average volume of 28.41K.

Starting in July 2018, INVE received 6 Buy ratings in a row.

The insider sentiment on Identiv has been positive according to 13 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Identiv, Inc. engages in the business of security technology focuses on data, physical places and things. It operates through the following segments: Premises. Identity, and Credentials, and All Other.