John C. Guttilla Purchases 3,500 Shares of Intellinetics, Inc. (OTCMKTS:INLX) Stock

Posted by Anthony Miller on Dec 11th, 2024

Intellinetics, Inc. (OTCMKTS:INLX – Get Free Report) Director John C. Guttilla acquired 3,500 shares of Intellinetics stock in a transaction that occurred on Thursday, December 5th. The shares were purchased at an average cost of $14.50 per share, with a total value of $50,750.00. Following the completion of the acquisition, the director now owns 21,905 shares of the company’s stock, valued at $317,622.50. The trade was a 19.02 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Intellinetics Stock Performance

OTCMKTS INLX opened at $13.99 on Wednesday. Intellinetics, Inc. has a fifty-two week low of $3.76 and a fifty-two week high of $16.50. The stock has a market cap of $59.19 million, a price-to-earnings ratio of -155.44 and a beta of 0.39. The business has a fifty day moving average of $13.83 and a 200-day moving average of $10.20. The company has a quick ratio of 0.89, a current ratio of 0.91 and a debt-to-equity ratio of 0.31.

Hedge Funds Weigh In On Intellinetics

An institutional investor recently raised its position in Intellinetics stock. Bard Associates Inc. boosted its holdings in Intellinetics, Inc. (OTCMKTS:INLX – Free Report) by 2.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 110,567 shares of the company’s stock after purchasing an additional 2,922 shares during the quarter. Bard Associates Inc. owned approximately 2.61% of Intellinetics worth $1,237,000 as of its most recent filing with the Securities and Exchange Commission. 0.75% of the stock is currently owned by institutional investors and hedge funds.

Intellinetics Company Profile

(Get Free Report)

Intellinetics, Inc designs, develops, tests, markets, and licenses document services and software solutions in the United States. The company operates in two segments, Document Management and Document Conversion. Its software platform allows its customers to capture and manage documents across operations, such as scanned hard-copy documents and digital documents, including Microsoft Office 365, digital images, audio, videos, and emails.