A Director at Iteris is Exercising Options

Today it was reported that a Director at Iteris (NYSE MKT: ITI), Kevin Daly, exercised options to buy 5,000 ITI shares at $2.10 a share, for a total transaction value of $10.5K. The options were close to expired and Kevin Daly retained stocks.

This recent transaction increases Kevin Daly’s holding in the company by 1.17% to a total of $2.17 million.

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Currently, Iteris has an average volume of 15.17K.

Starting in November 2017, ITI received 8 Buy ratings in a row.

Kevin Daly’s trades have generated a 14.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Iteris, Inc. engages in providing intelligent information solutions for both the traffic management and global agribusiness markets. It operates through the following segments: Roadway Sensors; Transportation Systems; and Agriculture & Weather Analytics.