Helios and Matheson Analytics Inc (NASDAQ:HMNY) shares gapped up prior to trading on Tuesday . The stock had previously closed at $6.56, but opened at $6.92. Helios and Matheson Analytics shares last traded at $7.16, with a volume of 8246313 shares trading hands.

Separately, Maxim Group reaffirmed a “buy” rating and issued a $25.00 target price on shares of Helios and Matheson Analytics in a research note on Wednesday, January 3rd.

The company has a market cap of $168.13, a P/E ratio of -0.76 and a beta of 0.52.

In other news, Director Muralikrishna Gadiyaram sold 170,000 shares of the firm’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $13.00, for a total value of $2,210,000.00. Following the transaction, the director now owns 750,000 shares of the company’s stock, valued at approximately $9,750,000. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 37.50% of the stock is currently owned by company insiders.

An institutional investor recently bought a new position in Helios and Matheson Analytics stock. Phoenix Investment Adviser LLC purchased a new stake in Helios and Matheson Analytics Inc (NASDAQ:HMNY) during the third quarter, according to its most recent filing with the SEC. The firm purchased 46,000 shares of the information technology services provider’s stock, valued at approximately $584,000. Helios and Matheson Analytics accounts for approximately 0.5% of Phoenix Investment Adviser LLC’s portfolio, making the stock its 29th largest position. Phoenix Investment Adviser LLC owned approximately 0.48% of Helios and Matheson Analytics at the end of the most recent quarter. Hedge funds and other institutional investors own 1.36% of the company’s stock.

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Helios and Matheson Analytics Company Profile

Helios and Matheson Analytics Inc is an information technology services company. The Company offers its clients a suite of services of predictive analytics with technology. The Company provides offerings in the areas of application value management, application development, integration, independent validation, infrastructure and information management, and analytics services.

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