Odysight.ai Inc. $ODYS Shares Purchased by Y.D. More Investments Ltd

Y.D. More Investments Ltd increased its position in Odysight.ai Inc. (NASDAQ:ODYS) by 5.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (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 0.6% of Y.D. More Investments Ltd’s portfolio, making the stock its 25th largest holding. Y.D. More Investments Ltd owned approximately 10.98% of Odysight.ai worth $9,285,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new position in Odysight.ai in the 1st quarter valued at $1,375,000. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD purchased a new stake in shares of Odysight.ai in the first quarter valued at $4,383,000. Finally, Phoenix Financial Ltd. acquired a new position in Odysight.ai in the first quarter valued at $15,263,000. Institutional investors and hedge funds own 19.67% of the company’s stock.

Insider Buying and Selling at Odysight.ai

In related news, major shareholder Y.D. More Investments Ltd sold 77,385 shares of the company’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $3.35, for a total transaction of $259,239.75. Following the completion of the sale, the insider directly owned 623,443 shares of the company’s stock, valued at approximately $2,088,534.05. This represents a 11.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders have sold 106,597 shares of company stock worth $360,854. Insiders own 46.90% of the company’s stock.

Odysight.ai Stock Performance

ODYS opened at $3.40 on Friday. The firm has a 50 day moving average price of $3.80 and a 200 day moving average price of $4.44. The company has a market cap of $55.59 million, a PE ratio of -3.09 and a beta of 0.35. Odysight.ai Inc. has a 1 year low of $2.60 and a 1 year high of $10.80.

Odysight.ai (NASDAQ:ODYS) last announced its quarterly earnings results on Thursday, November 13th. The company reported ($0.27) earnings per share for the quarter. Odysight.ai had a negative net margin of 420.41% and a negative return on equity of 56.50%. The business had revenue of $0.15 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Odysight.ai in a research note on Thursday. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Odysight.ai presently has a consensus rating of “Hold” and a consensus target price of $10.00.

Odysight.ai Company Profile

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.