Key Points
- CIO Gregg Honigblum purchased 8,200 shares on December 8 at an average price of $4.26 (total $34,932), increasing his stake to 201,067 shares — a 4.25% ownership rise, disclosed in an SEC filing.
- Sintx is a micro‑cap (market cap ~$15.7M) with steep losses, reporting a ($3.46) EPS versus ($0.55) expected, a negative ROE of 218.25% and a negative net margin of 775.12% on $0.21M revenue last quarter.
- Analyst and institutional views are mixed: one Buy and one Sell rating leave a consensus of "Hold" with a $16.00 target, and institutional investors own about 18.38% of the stock.
Sintx Technologies, Inc. (NASDAQ:SINT - Get Free Report) CIO Gregg Honigblum purchased 8,200 shares of Sintx Technologies stock in a transaction on Monday, December 8th. The stock was purchased at an average price of $4.26 per share, for a total transaction of $34,932.00. Following the completion of the transaction, the executive owned 201,067 shares of the company's stock, valued at approximately $856,545.42. This represents a 4.25% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Sintx Technologies Trading Up 1.2%
NASDAQ SINT opened at $4.26 on Wednesday. Sintx Technologies, Inc. has a 1-year low of $1.71 and a 1-year high of $7.36. The company has a 50 day moving average of $3.69 and a 200-day moving average of $3.50. The firm has a market cap of $15.69 million, a price-to-earnings ratio of -0.75 and a beta of 0.63.
Sintx Technologies (NASDAQ:SINT - Get Free Report) last released its quarterly earnings results on Wednesday, November 12th. The company reported ($3.46) EPS for the quarter, missing analysts' consensus estimates of ($0.55) by ($2.91). Sintx Technologies had a negative return on equity of 218.25% and a negative net margin of 775.12%.The business had revenue of $0.21 million for the quarter, compared to the consensus estimate of $0.20 million.
Institutional Investors Weigh In On Sintx Technologies
Several institutional investors have recently modified their holdings of the business. Virtus Wealth Solutions LLC acquired a new position in Sintx Technologies in the third quarter valued at approximately $388,000. Veracity Capital LLC acquired a new stake in shares of Sintx Technologies during the second quarter worth $233,000. Heights Capital Management Inc. bought a new stake in Sintx Technologies in the first quarter valued at about $162,000. Finally, Geode Capital Management LLC lifted its stake in Sintx Technologies by 33.5% in the second quarter. Geode Capital Management LLC now owns 15,339 shares of the company's stock valued at $49,000 after buying an additional 3,848 shares during the period. Institutional investors and hedge funds own 18.38% of the company's stock.
Analyst Ratings Changes
A number of analysts have recently weighed in on the company. Weiss Ratings restated a "sell (e+)" rating on shares of Sintx Technologies in a research note on Wednesday, October 8th. Ascendiant Capital Markets lowered their price objective on shares of Sintx Technologies from $25.00 to $16.00 and set a "buy" rating for the company in a research report on Monday. Finally, Wall Street Zen downgraded shares of Sintx Technologies from a "hold" rating to a "sell" rating in a research note on Saturday, November 8th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $16.00.
Get Our Latest Stock Analysis on SINT
About Sintx Technologies
(
Get Free Report)
Sintx Technologies, Inc, an advanced ceramics company, engages in the research, development, and commercialization of medical devices manufactured with silicon nitride for biomedical, technical, and antipathogenic applications in the United States. It provides solid and porous silicon nitride; silicon nitrite powder; and silicon nitride coating products, as well as silicon nitride composite materials, polyetheretherketone, and polyetherketoneketone.
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