Key Points
- Y.D. More Investments Ltd sold 8,980 shares of Odysight.ai on Dec. 29 at $3.25 per share for $29,185, leaving it with 544,582 shares and representing a 1.62% reduction in its stake.
- The shareholder has been an active seller this quarter, including a large sale of 300,500 shares on Dec. 11 for $1,021,700, along with multiple smaller disposals in Oct–Dec.
- Odysight.ai is a small-cap company (~$53.96M) with negative recent earnings (Q3 EPS -$0.27, very negative margins), mixed analyst ratings (Weiss "sell (d-)" vs. MarketBeat consensus "Hold" and $10 target), and the stock was up about 2.5% on the report.
Odysight.ai Inc. (NASDAQ:ODYS - Get Free Report) major shareholder Y.D. More Investments Ltd sold 8,980 shares of the business's stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $3.25, for a total transaction of $29,185.00. Following the sale, the insider directly owned 544,582 shares of the company's stock, valued at approximately $1,769,891.50. This trade represents a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.
Y.D. More Investments Ltd also recently made the following trade(s):
- On Tuesday, December 23rd, Y.D. More Investments Ltd sold 3,350 shares of Odysight.ai stock. The stock was sold at an average price of $3.44, for a total transaction of $11,524.00.
- On Monday, December 15th, Y.D. More Investments Ltd sold 1,000 shares of Odysight.ai stock. The shares were sold at an average price of $3.05, for a total value of $3,050.00.
- On Thursday, December 11th, Y.D. More Investments Ltd sold 300,500 shares of Odysight.ai stock. The stock was sold at an average price of $3.40, for a total value of $1,021,700.00.
- 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 value 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 transaction of $50,807.60.
- On Thursday, October 16th, Y.D. More Investments Ltd sold 6,000 shares of Odysight.ai stock. The stock was sold at an average price of $3.53, for a total transaction of $21,180.00.
Odysight.ai Stock Up 2.5%
NASDAQ:ODYS opened at $3.30 on Thursday. 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 $53.96 million, a price-to-earnings ratio of -3.00 and a beta of 0.33. The stock's 50 day moving average price is $3.29 and its two-hundred day moving average price is $3.97.
Odysight.ai (NASDAQ:ODYS - Get Free Report) last announced its quarterly earnings results on Thursday, November 13th. The company reported ($0.27) EPS for the quarter. The company had revenue of $0.15 million during the quarter. Odysight.ai had a negative net margin of 420.41% and a negative return on equity of 56.38%.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Odysight.ai stock. Y.D. More Investments Ltd raised its stake in Odysight.ai Inc. (NASDAQ:ODYS - Free Report) by 5.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. 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 portfolio, making the stock its 25th biggest position. Y.D. More Investments Ltd owned 10.98% of Odysight.ai worth $9,285,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 19.67% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Odysight.ai in a report on Monday, December 22nd. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $10.00.
Read Our Latest Report on Odysight.ai
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.
Further Reading
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