Media headlines about Iteris (NASDAQ:ITI) have been trending somewhat positive on Wednesday, according to Accern. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Iteris earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 46.8166398092214 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Shares of Iteris (ITI) traded down $0.15 during midday trading on Wednesday, hitting $6.39. 106,600 shares of the stock were exchanged, compared to its average volume of 149,227. Iteris has a 52 week low of $3.21 and a 52 week high of $8.17.

A number of equities analysts have issued reports on the stock. Northland Securities set a $9.00 price objective on shares of Iteris and gave the company a “buy” rating in a research note on Monday, November 13th. B. Riley reaffirmed a “buy” rating and issued a $9.00 price objective on shares of Iteris in a research note on Wednesday, November 8th. Finally, Zacks Investment Research cut shares of Iteris from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. Iteris presently has an average rating of “Buy” and a consensus target price of $8.31.

In related news, insider Todd Kreter sold 40,000 shares of the business’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $6.19, for a total value of $247,600.00. Following the sale, the insider now directly owns 43,303 shares of the company’s stock, valued at approximately $268,045.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Global Investors Fundamental sold 269,293 shares of the business’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $6.31, for a total transaction of $1,699,238.83. The disclosure for this sale can be found here. Over the last three months, insiders have sold 420,205 shares of company stock worth $2,625,620. Insiders own 4.30% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Iteris (ITI) Getting Somewhat Favorable News Coverage, Study Finds” was first published by Watch List News and is owned by of Watch List News. If you are reading this story on another site, it was stolen and reposted in violation of U.S. & international copyright and trademark law. The legal version of this story can be viewed at

About Iteris

Iteris, Inc is a provider of information solutions for both the traffic management and global agribusiness markets. The Company operates through three segments: Roadway Sensors, Transportation Systems and Performance Analytics. The Roadway Sensors segment provides various vehicle detection and information systems and products for traffic intersection control, incident detection and roadway traffic data collection applications.

Insider Buying and Selling by Quarter for Iteris (NASDAQ:ITI)

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