Northland Securities analyst Michael Latimore assigned a Buy rating to Inseego Corp (INSG) today and set a price target of $6. The company’s shares opened today at $4.79.
According to TipRanks.com, Latimore is a 5-star analyst with an average return of 14.6% and a 57.9% success rate. Latimore covers the Technology sector, focusing on stocks such as Everbridge Inc, Veritone Inc, and Orbcomm Inc.
Currently, the analyst consensus on Inseego Corp is a Strong Buy with an average price target of $6.33.
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The company has a one-year high of $6 and a one-year low of $1.64. Currently, Inseego Corp has an average volume of 893.3K.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of INSG in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Inseego Corp. povides telematics and analytics software and services. It offers a range of products through the Ctrack brand including fleet management, asset tracking and monitoring, stolen vehicle recovery, and usage-based insurance platforms. It also offers business connectivity solutions and device management services.
