Y.D. More Investments Ltd Sells 8,600 Shares of Odysight.Ai Inc. (NASDAQ:ODYS) Stock

Odysight.Ai Inc. (NASDAQ:ODYS - Get Free Report) major shareholder Y.D. More Investments Ltd sold 8,600 shares of Odysight.Ai stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of $5.29, for a total transaction of $45,494.00. Following the transaction, the insider now directly owns 715,140 shares in the company, valued at $3,783,090.60. This represents a 1.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 10% 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 Tuesday, April 8th, Y.D. More Investments Ltd sold 2,280 shares of Odysight.Ai stock. The stock was sold at an average price of $5.90, for a total value of $13,452.00.
• On Wednesday, March 12th, Y.D. More Investments Ltd sold 2,400 shares of Odysight.Ai stock. The shares were sold at an average price of $6.46, for a total value of $15,504.00.
• On Thursday, February 20th, Y.D. More Investments Ltd sold 1,200 shares of Odysight.Ai stock. The stock was sold at an average price of $6.31, for a total transaction of $7,572.00.

Odysight.Ai Stock Up 3.9%

Shares of ODYS stock traded up $0.20 during trading on Monday, hitting $5.35. The company had a trading volume of 1,723 shares, compared to its average volume of 24,750. The business's 50-day simple moving average is $5.75. The firm has a market cap of $87.29 million, a PE ratio of -6.22 and a beta of 0.64. Odysight.Ai Inc. has a 52 week low of $5.01 and a 52 week high of $10.80.

Odysight.Ai (NASDAQ:ODYS - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported ($0.29) EPS for the quarter. The company had revenue of $2.07 million during the quarter. Odysight.Ai had a negative return on equity of 56.78% and a negative net margin of 207.38%.

Analyst Ratings Changes

Separately, Benchmark initiated coverage on Odysight.Ai in a research report on Wednesday, April 2nd. They set a "buy" rating and a $10.00 target price for the company.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in ODYS. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Odysight.Ai during the 1st quarter valued at $82,000. Hohimer Wealth Management LLC purchased a new stake in Odysight.Ai during the first quarter valued at about $168,000. Phoenix Financial Ltd. bought a new position in shares of Odysight.Ai during the first quarter valued at about $15,263,000. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD bought a new position in shares of Odysight.Ai during the first quarter valued at about $4,383,000. Finally, Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD purchased a new position in shares of Odysight.Ai in the first quarter worth about $1,375,000. 19.67% of the stock is owned by hedge funds and other institutional investors.

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.