Yesterday, the CEO of Identiv (INVE), Steven Humphreys, bought shares of INVE for $49.66K.
This recent transaction increases Steven Humphreys’ holding in the company by 4.64% to a total of $1.08 million. In addition to Steven Humphreys, 2 other INVE executives reported Buy trades in the last month.
See today’s analyst top recommended stocks >>
Based on Identiv’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $19.52 million and GAAP net loss of $815K. In comparison, last year the company earned revenue of $16.53 million and had a GAAP net loss of $2.31 million. Currently, Identiv has an average volume of 18.23K.
Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $8.95, reflecting a 89.2% upside. Starting in July 2018, INVE received 19 Buy ratings in a row. Five different firms, including Oppenheimer and Imperial Capital, currently also have a Buy rating on the stock.
The insider sentiment on Identiv has been positive according to 21 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Steven Humphreys’ trades have generated a -76.8% 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.
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.
