Donald Closser Sells 9,288 Shares of IronNet, Inc. (NYSE:IRNT) Stock

IronNet, Inc. (NYSE:IRNTGet Rating) insider Donald Closser sold 9,288 shares of the firm’s stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $2.37, for a total transaction of $22,012.56. Following the transaction, the insider now directly owns 948,681 shares of the company’s stock, valued at approximately $2,248,373.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Donald Closser also recently made the following trade(s):

  • On Tuesday, July 12th, Donald Closser sold 2,544 shares of IronNet stock. The shares were sold at an average price of $2.36, for a total transaction of $6,003.84.
  • On Friday, July 1st, Donald Closser sold 3,169 shares of IronNet stock. The shares were sold at an average price of $2.11, for a total transaction of $6,686.59.
  • On Friday, May 6th, Donald Closser sold 6,563 shares of IronNet stock. The shares were sold at an average price of $2.84, for a total transaction of $18,638.92.

IronNet Trading Up 2.1 %

IRNT opened at $2.41 on Friday. IronNet, Inc. has a twelve month low of $1.99 and a twelve month high of $47.50. The company has a fifty day moving average of $2.49 and a 200-day moving average of $3.16.

IronNet (NYSE:IRNTGet Rating) last posted its quarterly earnings data on Tuesday, June 14th. The company reported ($0.33) earnings per share for the quarter, missing the consensus estimate of ($0.20) by ($0.13). The firm had revenue of $6.69 million for the quarter, compared to the consensus estimate of $7.05 million. As a group, analysts forecast that IronNet, Inc. will post -0.94 EPS for the current year.

Analyst Ratings Changes

Separately, Jefferies Financial Group decreased their price objective on shares of IronNet from $3.25 to $2.75 in a research report on Monday, May 23rd.

Institutional Investors Weigh In On IronNet

A number of large investors have recently bought and sold shares of IRNT. BCGM Wealth Management LLC acquired a new stake in IronNet in the first quarter worth $30,000. Strs Ohio acquired a new stake in IronNet in the second quarter worth $33,000. Citigroup Inc. grew its holdings in IronNet by 70.3% in the first quarter. Citigroup Inc. now owns 12,034 shares of the company’s stock worth $46,000 after purchasing an additional 4,969 shares during the period. Marathon Trading Investment Management LLC acquired a new stake in IronNet in the fourth quarter worth $47,000. Finally, DAGCO Inc. acquired a new stake in IronNet in the first quarter worth $48,000. 13.99% of the stock is currently owned by institutional investors and hedge funds.

IronNet Company Profile

(Get Rating)

IronNet, Inc designs and develops solutions for cyber-attacks. The company offers IronDefense, an advanced network detection and response solution that provides behavior-based and AI-driven analytics at the network level to detect anomalous activity at individual enterprises and prioritize the threats in its network; and IronDome, a threat-exchange solution that enables collective defense member enterprises to actively exchange individual anonymized cyber anomalies at machine speed in a community of public-private peers.

See Also

Insider Buying and Selling by Quarter for IronNet (NYSE:IRNT)

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