Key Points
- Y.D. More Investments Ltd sold 300,500 shares of Odysight.ai on December 11 at an average of $3.40 for $1,021,700, leaving the insider with 323,443 shares — a reported 48.16% reduction in their position.
- The sale continues a pattern of recent disposals (including a 77,385-share sale on Nov. 10), marking a substantial cut from the 1,792,353 shares Y.D. More reported owning earlier (about 10.98% of the company).
- Odysight.ai trades around $3.06 with a ~$50M market cap, negative EPS and margins, and a consensus analyst rating of Hold (consensus target $10) while Weiss Ratings recently reiterated a "sell (e+)" view.
Odysight.ai Inc. (NASDAQ:ODYS - Get Free Report) major shareholder Y.D. More Investments Ltd sold 300,500 shares of the business's stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $3.40, for a total value of $1,021,700.00. Following the sale, the insider owned 323,443 shares of the company's stock, valued at approximately $1,099,706.20. This represents a 48.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company's shares 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, December 1st, Y.D. More Investments Ltd sold 5,000 shares of Odysight.ai stock. The shares were sold at an average price of $3.45, for a total transaction of $17,250.00.
- On Monday, November 10th, Y.D. More Investments Ltd sold 77,385 shares of Odysight.ai stock. The shares were 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 shares were 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 stock was sold at an average price of $3.38, for a total transaction 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 transaction 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 transaction of $21,180.00.
- On Wednesday, October 15th, Y.D. More Investments Ltd sold 900 shares of Odysight.ai stock. The stock was 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 shares were 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 value of $2,801.50.
Odysight.ai Trading Up 1.0%
NASDAQ ODYS opened at $3.06 on Tuesday. The business has a fifty day simple moving average of $3.42 and a 200 day simple moving average of $4.12. Odysight.ai Inc. has a 12 month low of $2.60 and a 12 month high of $10.80. The firm has a market capitalization of $50.03 million, a P/E ratio of -2.78 and a beta of 0.33.
Odysight.ai (NASDAQ:ODYS - Get Free Report) last posted its quarterly earnings data on Thursday, November 13th. The company reported ($0.27) earnings per share (EPS) for the quarter. Odysight.ai had a negative return on equity of 56.38% and a negative net margin of 420.41%.The firm had revenue of $0.15 million for the quarter.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a "sell (e+)" rating on shares of Odysight.ai in a research report on Monday, December 8th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $10.00.
Check Out Our Latest Research Report on ODYS
Hedge Funds Weigh In On Odysight.ai
A hedge fund recently raised its stake in Odysight.ai stock. Y.D. More Investments Ltd increased its stake in shares of Odysight.ai Inc. (NASDAQ:ODYS - Free Report) by 5.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,792,353 shares of the company's stock after buying an additional 94,530 shares during the period. Odysight.ai comprises about 0.6% of Y.D. More Investments Ltd's holdings, making the stock its 25th biggest position. Y.D. More Investments Ltd owned about 10.98% of Odysight.ai worth $9,285,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 19.67% of the company's stock.
About Odysight.ai
(
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.
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