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

Odysight.ai Inc. (NASDAQ:ODYS) major shareholder Y.D. More Investments Ltd sold 5,000 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $3.45, for a total value of $17,250.00. Following the completion of the sale, the insider owned 559,552 shares in the company, valued at $1,930,454.40. The trade was a 0.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases 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 transaction of $3,807.60.
• On Monday, November 10th, Y.D. More Investments Ltd sold 77,385 shares of Odysight.ai stock. The shares were sold at an average price of $3.35, for a total value of $259,239.75.
• On Wednesday, November 5th, Y.D. More Investments Ltd sold 3,550 shares of Odysight.ai stock. The shares were sold at an average price of $2.81, for a total value of $9,975.50.
• On Wednesday, October 22nd, Y.D. More Investments Ltd sold 2,800 shares of Odysight.ai stock. The stock was 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 value 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 shares were sold at an average price of $4.29, for a total transaction 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 Price Performance

NASDAQ ODYS opened at $3.41 on Friday. The company has a fifty day moving average of $3.59 and a two-hundred day moving average of $4.24. Odysight.ai Inc. has a 1 year low of $2.60 and a 1 year high of $10.80. The company has a market capitalization of $55.75 million, a PE ratio of -3.10 and a beta of 0.33.

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

Hedge Funds Weigh In On Odysight.ai

A hedge fund recently raised its stake in Odysight.ai stock. Y.D. More Investments Ltd lifted its position in Odysight.ai Inc. (NASDAQ:ODYS) by 5.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,792,353 shares of the company’s stock after acquiring an additional 94,530 shares during the quarter. Odysight.ai accounts for approximately 0.6% of Y.D. More Investments Ltd’s holdings, making the stock its 25th largest position. Y.D. More Investments Ltd owned 10.98% of Odysight.ai worth $9,285,000 at the end of the most recent quarter. 19.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

About Odysight.ai

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.