Bard Associates Inc. Grows Stock Position in Intellinetics, Inc. $INLX

Bard Associates Inc. lifted its stake in Intellinetics, Inc. (NYSEAMERICAN:INLX) by 51.3% in the fourth quarter, HoldingsChannel reports. The firm owned 332,447 shares of the company’s stock after acquiring an additional 112,778 shares during the quarter. Bard Associates Inc. owned approximately 0.07% of Intellinetics worth $2,652,000 as of its most recent SEC filing.

Separately, Essex Financial Services Inc. purchased a new position in Intellinetics in the fourth quarter valued at $90,000. 0.75% of the stock is owned by institutional investors and hedge funds.

Intellinetics Trading Down 1.8%

NYSEAMERICAN:INLX opened at $5.40 on Friday. The firm has a market cap of $24.25 million, a PE ratio of -10.19 and a beta of 0.16. The stock has a fifty day moving average price of $6.89 and a 200 day moving average price of $7.59. Intellinetics, Inc. has a 12-month low of $5.25 and a 12-month high of $14.57. The company has a current ratio of 0.90, a quick ratio of 0.87 and a debt-to-equity ratio of 0.01.

Intellinetics (NYSEAMERICAN:INLX) last released its earnings results on Thursday, May 14th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.22). The company had revenue of $3.91 million during the quarter, compared to analysts’ expectations of $4.55 million. Intellinetics had a negative net margin of 14.31% and a negative return on equity of 16.89%.

About Intellinetics

Intellinetics, Inc is a provider of enterprise content management and digital transformation solutions designed to help organizations streamline document-centric processes and improve operational efficiency. The company’s platform enables clients to capture, store, manage and retrieve both paper and electronic records through a unified system, reducing reliance on manual workflows and minimizing the risks associated with paper-based information handling.

The company offers a range of software products and professional services aimed at automating business processes and ensuring secure, compliant access to critical data.