Inuvo Inc (NYSEAMERICAN:INUV) CEO Richard K. Howe purchased 634,286 shares of the firm’s stock in a transaction dated Friday, March 20th. The shares were bought at an average price of $0.18 per share, with a total value of $114,171.48. Following the purchase, the chief executive officer now owns 1,808,032 shares in the company, valued at approximately $325,445.76. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

NYSEAMERICAN INUV opened at $0.23 on Thursday. Inuvo Inc has a twelve month low of $0.09 and a twelve month high of $1.75.

Inuvo (NYSEAMERICAN:INUV) last posted its quarterly earnings data on Wednesday, March 25th. The technology company reported ($0.02) earnings per share for the quarter, hitting the consensus estimate of ($0.02).

Separately, Zacks Investment Research cut Inuvo from a “buy” rating to a “hold” rating in a research report on Saturday, January 4th.

A hedge fund recently bought a new stake in Inuvo stock. Herald Investment Management Ltd purchased a new stake in Inuvo Inc (NYSEAMERICAN:INUV) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,000,000 shares of the technology company’s stock, valued at approximately $1,354,000. Herald Investment Management Ltd owned approximately 10.20% of Inuvo as of its most recent SEC filing.

About Inuvo

Inuvo, Inc, together with its subsidiaries, a technology company, provides data-driven platforms that automatically identify and message online audiences across video, mobile, connected TV, display, and social and native devices, channels, and formats in the United States. The company's digital marketplace allows advertisers and publishers the opportunity to buy and sell advertising space in real time.

See Also: LIBOR

Receive News & Ratings for Inuvo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inuvo and related companies with MarketBeat.com's FREE daily email newsletter.