Key Points
- Y.D. More Investments Ltd sold 5,000 shares of Odysight.ai (ODYS) on Dec. 1 at an average price of $3.45 (about $17,250), part of a recent pattern of insider disposals that included a 77,385‑share sale on Nov. 10.
- Despite these sales the firm is still a significant holder (reported ~10.98% in a recent 13F); ODYS trades near $3.42 with a market cap of ~$55.9M and weak fundamentals (negative EPS and margins), and the stock carries a MarketBeat consensus "Hold" while Weiss Ratings has reissued a "Sell".
Odysight.ai Inc. (NASDAQ:ODYS - Get Free Report) major shareholder Y.D. More Investments Ltd sold 5,000 shares of the firm's stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $3.45, for a total transaction of $17,250.00. Following the sale, the insider owned 559,552 shares of the company's stock, valued at $1,930,454.40. This trade represents a 0.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.
Y.D. More Investments Ltd also recently made the following trade(s):
- On Wednesday, December 3rd, Y.D. More Investments Ltd sold 1,140 shares of Odysight.ai stock. The shares were sold at an average price of $3.34, for a total transaction of $3,807.60.
- On Monday, November 10th, Y.D. More Investments Ltd sold 77,385 shares of Odysight.ai stock. The stock was sold at an average price of $3.35, for a total transaction of $259,239.75.
- On Wednesday, November 5th, Y.D. More Investments Ltd sold 3,550 shares of Odysight.ai stock. The stock was sold at an average price of $2.81, for a total transaction of $9,975.50.
- On Wednesday, October 22nd, Y.D. More Investments Ltd sold 2,800 shares of Odysight.ai stock. The shares were sold at an average price of $3.38, for a total value of $9,464.00.
- On Monday, October 20th, Y.D. More Investments Ltd sold 14,312 shares of Odysight.ai stock. The stock was sold at an average price of $3.55, for a total value of $50,807.60.
- On Thursday, October 16th, Y.D. More Investments Ltd sold 6,000 shares of Odysight.ai stock. The shares were sold at an average price of $3.53, for a total value of $21,180.00.
- On Wednesday, October 15th, Y.D. More Investments Ltd sold 900 shares of Odysight.ai stock. The shares were sold at an average price of $3.44, for a total value of $3,096.00.
- On Thursday, October 9th, Y.D. More Investments Ltd sold 1,000 shares of Odysight.ai stock. The stock was sold at an average price of $4.29, for a total value of $4,290.00.
- On Wednesday, October 8th, Y.D. More Investments Ltd sold 650 shares of Odysight.ai stock. The shares were sold at an average price of $4.31, for a total transaction of $2,801.50.
Odysight.ai Price Performance
Shares of ODYS traded up $0.01 during trading hours on Thursday, hitting $3.42. The company's stock had a trading volume of 8,648 shares, compared to its average volume of 17,033. The business has a 50 day simple moving average of $3.61 and a two-hundred day simple moving average of $4.24. Odysight.ai Inc. has a 52-week low of $2.60 and a 52-week high of $10.80. The company has a market cap of $55.92 million, a price-to-earnings ratio of -3.11 and a beta of 0.33.
Odysight.ai (NASDAQ:ODYS - Get Free Report) last released its quarterly earnings data on Thursday, November 13th. The company reported ($0.27) EPS for the quarter. The business had revenue of $0.15 million during the quarter. Odysight.ai had a negative return on equity of 56.38% and a negative net margin of 420.41%.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a "sell (e+)" rating on shares of Odysight.ai in a report on Monday. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $10.00.
Read Our Latest Report on Odysight.ai
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Odysight.ai stock. Y.D. More Investments Ltd grew its position in shares of Odysight.ai Inc. (NASDAQ:ODYS - Free Report) by 5.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,792,353 shares of the company's stock after purchasing an additional 94,530 shares during the period. Odysight.ai makes up 0.6% of Y.D. More Investments Ltd's portfolio, making the stock its 25th biggest holding. Y.D. More Investments Ltd owned about 10.98% of Odysight.ai worth $9,285,000 at the end of the most recent quarter. Institutional investors and hedge funds own 19.67% of the company's stock.
Odysight.ai Company Profile
(
Get Free Report)
Odysight.ai, Inc engages in the development and manufacture of customized visual solutions for organizations across a variety of industries in the form of micro cameras and supplementary technologies. Its devices can used across the medical, aerospace, industrial, research, and defense industries. The company was founded on March 22, 2013 and is headquartered in Omer, Israel.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
