Today, a Director at Intelligent Systems Corp (INS), Parker Petit, bought shares of INS for $2,760.
This recent transaction increases Parker Petit’s holding in the company by 8.45% to a total of $1.1 million. This is Petit’s first transaction since reporting a Buy transaction on MDXG back in May 2016
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Based on Intelligent Systems Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $5.42 million and quarterly net profit of $1.87 million. In comparison, last year the company earned revenue of $2.55 million and had a GAAP net loss of $650K. INS’s market cap is $189.1M and the company has a P/E ratio of 60.04. Currently, Intelligent Systems Corp has an average volume of 61.91K.
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Intelligent Systems Corp. engages in the management of emerging technology companies. It operates through the CoreCard Software, Inc. and affiliate companies, which involves in the design, development, and marketing of software solutions to corporations, financial institutions, retailers, and processors to manage credit and debit cards, prepaid cards, private label cards, fleet cards, loyalty programs, and accounts receivable and small loan transactions. The company was founded in 1973 and is headquartered in Norcross, GA.
