Insig AI (LON:INSG) Stock: Insider Richard Bernstein Buys 100,000 Shares

Key Points

  • Insider buying: Richard Bernstein purchased 100,000 Insig AI shares at GBX 9 each for £9,000 on October 13, following two purchases totaling 400,000 shares on October 9.
  • Weak trading performance: Insig AI shares opened at GBX 8.55 and were down 2.3%, near their one-year low of GBX 8.35 and well below the 50-day and 200-day moving averages.
  • Financial results: The company reported quarterly EPS of negative GBX 1.51, alongside a negative net margin of 241.40%, despite reporting a positive return on equity of 150.77%.

Insig AI Plc (LON:INSG - Get Free Report) insider Richard Bernstein purchased 100,000 shares of the company's stock in a transaction dated Tuesday, October 13th. The shares were acquired at an average price of GBX 9 per share, for a total transaction of £9,000.

Richard Bernstein also recently made the following trade(s):

  • On Friday, October 9th, Richard Bernstein acquired 100,000 shares of Insig AI stock. The shares were acquired at an average cost of GBX 9 per share, with a total value of £9,000.
  • On Friday, October 9th, Richard Bernstein acquired 300,000 shares of Insig AI stock. The shares were acquired at an average cost of GBX 9 per share, with a total value of £27,000.

Insig AI Trading Down 2.3%

LON:INSG opened at GBX 8.55 on Thursday. The company has a debt-to-equity ratio of -113.73, a current ratio of 0.08 and a quick ratio of 0.92. The firm has a market capitalization of £11.10 million, a price-to-earnings ratio of -5.66 and a beta of -0.57. Insig AI Plc has a one year low of GBX 8.35 and a one year high of GBX 34. The business has a fifty day moving average price of GBX 11.08 and a 200-day moving average price of GBX 13.53.

Insig AI (LON:INSG - Get Free Report) last announced its earnings results on Thursday, September 17th. The company reported GBX (1.51) EPS for the quarter. Insig AI had a positive return on equity of 150.77% and a negative net margin of 241.40%.

About Insig AI

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Catena Group Plc is an AIM listed data science and machine learning company focused on providing solutions to the asset management industry.

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