Renaissance Technologies LLC has recently announced that it has increased stake in Inpixon (NASDAQ:INPX) by 100.78%. After grabbing 8230.0 shares, the institutional investor is now in possession of 4131.0 shares of the Technology Company. The new investment brought the stake of investor firm to 0.25% having worth around $21398.0. Moreover, G1 Execution Services LLC increased its share by 3019.0 to have a control over 3019.0 shares. And Tower Research Capital LLC raised its holdings to 677.0 shares by acquiring 1118.0 shares or 0.04% of the stake.
Inpixon (INPX) concluded trading on 01/12/23 at a closing price of $1.81, with 0.69 million shares of worth about $1.25 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -83.14% during that period and on Thursday the price saw a loss of about -2.16%. Currently the company’s common shares owned by public are about 3.24M shares, out of which, 3.09M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 1 analysts are covering the INPX stock and their offered price forecasts bring an average price target of $900004.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $900004.00 and could fall to a lowest price of $900004.00. However, touching the estimated high of $900004.00 would mean a gain of 100.0% for the stock.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
Vanguard Total Stock Market Index, Vanguard Extended Market Index Fu, and Fidelity Extended Market Index Fu are the top 3 mutual funds which are holding stakes in Inpixon Vanguard Total Stock Market Index is currently holding 47358.0 shares of worth totaling $0.12 million. The company recently came buying 0.0 shares which brought its stake up to 1.46% of the company’s outstanding shares. Fidelity Extended Market Index Fu, after buying 8957.0 shares, have now control over 0.28% of the stake in the company. It holds 0.0 shares of worth $23288.0.
Inpixon (NASDAQ: INPX) started trading at $1.88, above $0.03 from concluding price of the previous day. However, the stock later moved at a day high price of 1.9800, or with a loss of -2.16%. Stock saw a price change of 2.26% in past 5 days and over the past one month there was a price change of -6.00%. Year-to-date (YTD), INPX shares are showing a performance of 6.47% which decreased to -95.48% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.58 but also hit the highest price of $41.10 during that period. The average intraday trading volume for Inpixon shares is 704.94K. The stock is currently trading 3.99% above its 20-day simple moving average (SMA20), while that difference is down -22.58% for SMA50 and it goes to -81.17% lower than SMA200.
Renaissance Technologies LLC acquired 8230.0 shares of Inpixon having value of about $21398.0. Data submitted at the U.S SEC by Renaissance Technologies LLC revealed that the firm now holds 4131.0 shares in the company valued at close to $7477.11, or have control over 100.78% stake in the company. Inpixon (NASDAQ: INPX) currently have 3.24M outstanding shares and institutions hold larger chunk of about 3.90% of that. Holding of mutual funds in the company is about 1.07% while other institutional holders and individual stake holders have control over 2.87% and — of the stake respectively.
The stock has a current market capitalization of $6.33M and its 3Y-monthly beta is at 0.94. It has posted earnings per share of -$59.34 in the same period. It has Quick Ratio of 3.40 while making debt-to-equity ratio of 0.19. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for INPX, volatility over the week remained 10.47% while standing at 8.00% over the month.
Analysts are in expectations that Inpixon (INPX) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$7,897,500 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 29.40%.
Analysts at 1 brokerage firms have issued recommendations for the Inpixon (INPX)’s stock out of those 1 Wall Street analysts, 0 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.