Professional Diversity Network (IPDN) Getting Somewhat Positive Press Coverage, Analysis Finds
Media stories about Professional Diversity Network (NASDAQ:IPDN) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Professional Diversity Network earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned media stories about the information services provider an impact score of 46.2267628030068 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Professional Diversity Network (NASDAQ:IPDN) opened at $4.80 on Tuesday. Professional Diversity Network has a 12-month low of $2.45 and a 12-month high of $13.90.
Separately, ValuEngine lowered Professional Diversity Network from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th.
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In other Professional Diversity Network news, CEO Maoji Wang acquired 13,330 shares of Professional Diversity Network stock in a transaction on Wednesday, September 6th. The stock was purchased at an average price of $4.76 per share, for a total transaction of $63,450.80. Following the purchase, the chief executive officer now directly owns 25,100 shares of the company’s stock, valued at $119,476. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Jingbo Song acquired 6,490 shares of Professional Diversity Network stock in a transaction on Thursday, September 7th. The stock was acquired at an average price of $5.98 per share, with a total value of $38,810.20. Following the purchase, the insider now directly owns 3,000 shares in the company, valued at $17,940. The disclosure for this purchase can be found here. Insiders acquired a total of 26,644 shares of company stock valued at $134,860 in the last 90 days. Corporate insiders own 9.20% of the company’s stock.
About Professional Diversity Network
Professional Diversity Network, Inc is an operator of professional networks with a focus on diversity. The Company serves various communities, including Women, Hispanic-Americans, African-Americans, Asian-Americans, Disabled, Military Professionals, and Lesbian, Gay, Bisexual and Transgender (LGBT). The Company’s segments include Professional Diversity Network (PDN Network), which includes online professional networking communities with career resources for the needs of various diverse cultural groups; National Association of Professional Women (NAPW Network), a women-only professional networking organization, and Noble Voice operations (Noble Voice), a career consultation and lead generation service.
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