Key Points
- Corporate Services Lt Elements bought 2,138,181 shares of Minim on Feb. 10 at an average price of $1.29 (total ~ $2.76M), raising its stake to 3,119,830 shares — a 217.82% increase — as disclosed in an SEC filing.
- Minim shows weak fundamentals (quarterly EPS of ($0.05), revenue $1.94M, negative ROE of -1,144.78% and net margin of -105.18%), and analysts hold a consensus "Sell" rating (Weiss Ratings reiterated a sell).
Minim, Inc. (NASDAQ:FIEE - Get Free Report) major shareholder Corporate Services Lt Elements acquired 2,138,181 shares of the firm's stock in a transaction dated Tuesday, February 10th. The stock was bought at an average price of $1.29 per share, for a total transaction of $2,758,253.49. Following the acquisition, the insider owned 3,119,830 shares of the company's stock, valued at approximately $4,024,580.70. This trade represents a 217.82% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.
Minim Price Performance
Shares of FIEE stock opened at $5.71 on Friday. The business has a 50-day moving average of $3.79 and a 200 day moving average of $3.01. Minim, Inc. has a 1-year low of $0.16 and a 1-year high of $7.95. The stock has a market capitalization of $456,800.00, a PE ratio of -1.08 and a beta of 1.81.
Minim (NASDAQ:FIEE - Get Free Report) last announced its quarterly earnings results on Wednesday, November 12th. The company reported ($0.05) EPS for the quarter. The company had revenue of $1.94 million during the quarter. Minim had a negative return on equity of 1,144.78% and a negative net margin of 105.18%.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a "sell (e)" rating on shares of Minim in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Minim currently has a consensus rating of "Sell".
View Our Latest Analysis on FIEE
About Minim
(
Get Free Report)
Minim, Inc (NASDAQ:FIEE) is a technology company specializing in network intelligence and security solutions for service providers, managed service providers (MSPs) and enterprise customers. The company's core offering is a cloud-based platform that centralizes network management, device monitoring and automated troubleshooting across wired and wireless infrastructure. By leveraging machine learning and analytics, Minim aims to simplify onboarding, optimize performance and reduce operational costs for broadband providers and IT teams.
Minim's software suite provides real-time visibility into network health, topology mapping and usage metrics, along with integrated security features designed to detect and block threats at the network edge.
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