Unified Investment Management bought a new stake in shares of Information Services Group, Inc. (NASDAQ:III – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 37,174 shares of the business services provider’s stock, valued at approximately $124,000. Unified Investment Management owned 0.08% of Information Services Group at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of the stock. Williams & Novak LLC increased its stake in Information Services Group by 10.3% during the 4th quarter. Williams & Novak LLC now owns 43,775 shares of the business services provider’s stock valued at $146,000 after buying an additional 4,080 shares during the period. SG Americas Securities LLC boosted its position in shares of Information Services Group by 40.5% during the 4th quarter. SG Americas Securities LLC now owns 20,752 shares of the business services provider’s stock valued at $69,000 after purchasing an additional 5,983 shares in the last quarter. Access Investment Management LLC boosted its position in shares of Information Services Group by 183.8% during the 4th quarter. Access Investment Management LLC now owns 10,515 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 6,810 shares in the last quarter. EMC Capital Management boosted its position in shares of Information Services Group by 67.0% during the 4th quarter. EMC Capital Management now owns 17,184 shares of the business services provider’s stock valued at $57,000 after purchasing an additional 6,896 shares in the last quarter. Finally, Equitable Trust Co. boosted its position in shares of Information Services Group by 4.5% during the 3rd quarter. Equitable Trust Co. now owns 173,472 shares of the business services provider’s stock valued at $572,000 after purchasing an additional 7,515 shares in the last quarter. Institutional investors and hedge funds own 73.10% of the company’s stock.
Analyst Upgrades and Downgrades
III has been the subject of several research reports. Barrington Research raised their price objective on shares of Information Services Group from $3.50 to $3.75 and gave the company an “outperform” rating in a research report on Monday, November 11th. Singular Research upgraded shares of Information Services Group from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, November 14th. Finally, StockNews.com upgraded shares of Information Services Group from a “hold” rating to a “buy” rating in a research report on Monday, November 11th.
Information Services Group Stock Performance
Shares of III opened at $3.01 on Tuesday. Information Services Group, Inc. has a one year low of $2.92 and a one year high of $4.38. The company has a 50-day moving average of $3.20 and a two-hundred day moving average of $3.28. The stock has a market cap of $147.71 million, a price-to-earnings ratio of -42.99, a PEG ratio of 1.34 and a beta of 1.00. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.97 and a quick ratio of 1.97.
Information Services Group Profile
Information Services Group, Inc, together with its subsidiaries, operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific. The company offers digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk; network carrier; technology strategy and operations design; change management; and market intelligence and technology research and analysis services.
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