Decisionpoint Systems, Inc. (OTCMKTS:DPSI) CEO Steven F. Smith Sells 7,900 Shares

Decisionpoint Systems, Inc. (OTCMKTS:DPSIGet Rating) CEO Steven F. Smith sold 7,900 shares of Decisionpoint Systems stock in a transaction that occurred on Monday, December 5th. The shares were sold at an average price of $9.39, for a total value of $74,181.00. Following the sale, the chief executive officer now directly owns 561,809 shares in the company, valued at approximately $5,275,386.51. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Decisionpoint Systems Price Performance

OTCMKTS:DPSI traded up $0.77 during midday trading on Tuesday, hitting $9.57. 111,105 shares of the stock were exchanged, compared to its average volume of 44,520. Decisionpoint Systems, Inc. has a one year low of $3.10 and a one year high of $14.22. The company has a market capitalization of $69.77 million, a price-to-earnings ratio of 38.28 and a beta of 1.81. The business has a 50-day moving average price of $7.05 and a two-hundred day moving average price of $5.87. The company has a current ratio of 0.96, a quick ratio of 0.91 and a debt-to-equity ratio of 0.01.

Institutional Investors Weigh In On Decisionpoint Systems

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Perritt Capital Management Inc. acquired a new position in Decisionpoint Systems in the third quarter worth approximately $255,000. State Street Corp grew its position in Decisionpoint Systems by 14.1% in the third quarter. State Street Corp now owns 17,832 shares of the technology company’s stock worth $114,000 after buying an additional 2,200 shares during the last quarter. Merit Financial Group LLC acquired a new position in Decisionpoint Systems in the third quarter worth approximately $96,000. Finally, Citadel Advisors LLC acquired a new position in Decisionpoint Systems in the third quarter worth approximately $82,000. Institutional investors own 11.58% of the company’s stock.

Decisionpoint Systems Company Profile

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Decisionpoint Systems, Inc provides and integrates enterprise mobility and wireless applications solutions that delivers improved productivity and operational advantages to its clients by helping to move business decision points closer to its customers. It makes enterprise software applications accessible to the front-line worker anytime, anywhere.

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