Odysight.ai (NASDAQ:ODYS) Major Shareholder Y.D. More Investments Ltd Sells 5,000 Shares of Stock

Odysight.ai Inc. (NASDAQ:ODYS) major shareholder Y.D. More Investments Ltd sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $3.45, for a total value of $17,250.00. Following the completion of the transaction, the insider owned 559,552 shares of the company’s stock, valued at approximately $1,930,454.40. This represents a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Y.D. More Investments Ltd also recently made the following trade(s):

• On Wednesday, December 3rd, Y.D. More Investments Ltd sold 1,140 shares of Odysight.ai stock. The stock was sold at an average price of $3.34, for a total value of $3,807.60.
• On Monday, November 10th, Y.D. More Investments Ltd sold 77,385 shares of Odysight.ai stock. The stock was sold at an average price of $3.35, for a total transaction of $259,239.75.
• On Wednesday, November 5th, Y.D. More Investments Ltd sold 3,550 shares of Odysight.ai stock. The stock was sold at an average price of $2.81, for a total transaction of $9,975.50.
• On Wednesday, October 22nd, Y.D. More Investments Ltd sold 2,800 shares of Odysight.ai stock. The shares were sold at an average price of $3.38, for a total transaction of $9,464.00.
• On Monday, October 20th, Y.D. More Investments Ltd sold 14,312 shares of Odysight.ai stock. The stock was sold at an average price of $3.55, for a total transaction of $50,807.60.
• On Thursday, October 16th, Y.D. More Investments Ltd sold 6,000 shares of Odysight.ai stock. The shares were sold at an average price of $3.53, for a total transaction of $21,180.00.
• On Wednesday, October 15th, Y.D. More Investments Ltd sold 900 shares of Odysight.ai stock. The stock was sold at an average price of $3.44, for a total value of $3,096.00.
• On Thursday, October 9th, Y.D. More Investments Ltd sold 1,000 shares of Odysight.ai stock. The stock was sold at an average price of $4.29, for a total value of $4,290.00.
• On Wednesday, October 8th, Y.D. More Investments Ltd sold 650 shares of Odysight.ai stock. The stock was sold at an average price of $4.31, for a total value of $2,801.50.

Odysight.ai Stock Up 0.3%

Shares of ODYS stock traded up $0.01 during trading on Thursday, reaching $3.42. 8,648 shares of the company’s stock were exchanged, compared to its average volume of 17,033. Odysight.ai Inc. has a twelve month low of $2.60 and a twelve month high of $10.80. The firm’s fifty day moving average price is $3.61 and its 200-day moving average price is $4.24. The stock has a market capitalization of $55.92 million, a PE ratio of -3.11 and a beta of 0.33.

Odysight.ai (NASDAQ:ODYS) last posted its quarterly earnings results on Thursday, November 13th. The company reported ($0.27) earnings per share (EPS) for the quarter. The business had revenue of $0.15 million during the quarter. Odysight.ai had a negative net margin of 420.41% and a negative return on equity of 56.38%.

Hedge Funds Weigh In On Odysight.ai

An institutional investor recently bought a new position in Odysight.ai stock. Noked Israel Ltd purchased a new stake in shares of Odysight.ai Inc. (NASDAQ:ODYS) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 200,972 shares of the company’s stock, valued at approximately $904,000. Odysight.ai makes up about 0.1% of Noked Israel Ltd’s investment portfolio, making the stock its 11th largest position. Noked Israel Ltd owned 1.23% of Odysight.ai at the end of the most recent quarter. Institutional investors own 19.67% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Odysight.ai in a report on Monday. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, Odysight.ai presently has an average rating of “Hold” and an average target price of $10.00.

Odysight.ai Company Profile

Odysight.ai, Inc engages in the development and manufacture of customized visual solutions for organizations across a variety of industries in the form of micro cameras and supplementary technologies. Its devices can used across the medical, aerospace, industrial, research, and defense industries. The company was founded on March 22, 2013 and is headquartered in Omer, Israel.