Is Buying I.D. Systems Inc (NASDAQ:IDSY) Here Good Idea?

I.D. Systems, Inc. (NASDAQ:IDSY) Logo

Investors sentiment decreased to 1 in 2019 Q2. Its down 3.20, from 4.2 in 2019Q1. It fall, as 6 investors sold I.D. Systems, Inc. shares while 8 reduced holdings. 5 funds opened positions while 9 raised stakes. 7.96 million shares or 52.63% less from 16.81 million shares in 2019Q1 were reported.
Price T Rowe Assocs Inc Md has 0% invested in I.D. Systems, Inc. (NASDAQ:IDSY) for 10,800 shares. Victory Cap Mngmt, a Ohio-based fund reported 51,244 shares. Barclays Plc accumulated 4 shares or 0% of the stock. North Run Ltd Partnership invested 0.58% in I.D. Systems, Inc. (NASDAQ:IDSY). The New York-based Bancorporation Of New York Mellon Corp has invested 0% in I.D. Systems, Inc. (NASDAQ:IDSY). Bridgeway Mgmt owns 52,000 shares for 0% of their portfolio. Renaissance Tech Llc holds 0% in I.D. Systems, Inc. (NASDAQ:IDSY) or 330,380 shares. Northern Tru Corporation has 0% invested in I.D. Systems, Inc. (NASDAQ:IDSY) for 42,468 shares. Cannell holds 2.66M shares. Archon Mgmt Lc has invested 1.28% in I.D. Systems, Inc. (NASDAQ:IDSY). Geode Cap Mgmt Ltd stated it has 0% in I.D. Systems, Inc. (NASDAQ:IDSY). 413,235 were reported by Blackrock Inc. 199,488 were accumulated by Fairpointe Capital Limited Co. 138,786 were reported by California Employees Retirement System. Morgan Stanley invested in 12,196 shares or 0% of the stock.

Since March 14, 2019, it had 5 buys, and 0 insider sales for $182,400 activity. Frumberg Charles bought 1,344 shares worth $7,060. $49,437 worth of stock was bought by Brodsky Michael on Friday, March 15. 19,000 shares were bought by WOLFE CHRIS ADAMS, worth $97,835 on Friday, May 24. Formant Christopher bought 2,500 shares worth $14,725.

The stock of I.D. Systems Inc (NASDAQ:IDSY) registered an increase of 2.16% in short interest. IDSY’s total short interest was 857,400 shares in September as published by FINRA. Its up 2.16% from 839,300 shares, reported previously. With 38,900 shares average volume, it will take short sellers 22 days to cover their IDSY’s short positions.

The stock increased 4.44% or $0.24 during the last trading session, reaching $5.65. About 12,012 shares traded. I.D. Systems, Inc. (NASDAQ:IDSY) has declined 11.29% since September 13, 2018 and is downtrending. It has underperformed by 11.29% the S&P500.

I.D. Systems, Inc. develops, markets, and sells wireless machine-to-machine solutions in the United States and internationally. The company has market cap of $104.23 million. The firm offers integrated wireless solutions that utilize radio frequency identification, Wi-Fi, satellite or cellular communications, sensor technologies, and software to control, track, monitor, and analyze industrial vehicles, rental vehicles, and transportation assets. It currently has negative earnings. It provides industrial and rental fleet asset management products, including on-asset hardware with mounting and user-interface options that provide an autonomous means of asset control and monitoring; wireless asset managers that link the mobile assets being monitored with the customerÂ’s computer network or to a remotely hosted server; server software, which manages data communications between the systemÂ’s database and wireless asset managers or on-asset hardware; and client software.

More notable recent I.D. Systems, Inc. (NASDAQ:IDSY) news were published by: Nasdaq.com which released: “Technology Sector Update for 03/14/2019: SMSI,MDB,IDSY – Nasdaq” on March 14, 2019, also Seekingalpha.com with their article: “I.D. Systems/Pointer Telocation Merger Provides An Interesting Opportunity With 8% Upside – Seeking Alpha” published on July 31, 2019, Finance.Yahoo.com published: “I.D. Systems to Present at the 8th Annual Gateway Conference on September 4, 2019 and the 12th Annual Barrington Research Fall Investment Conference on September 5, 2019 – Yahoo Finance” on August 21, 2019. More interesting news about I.D. Systems, Inc. (NASDAQ:IDSY) were released by: Finance.Yahoo.com and their article: “Why I.D. Systems, Inc.’s (NASDAQ:IDSY) CEO Pay Matters To You – Yahoo Finance” published on June 14, 2019 as well as Globenewswire.com‘s news article titled: “I.D. Systems Acquires CarrierWeb, Adds Key Technology, Increases Customer Base, and Enters New Market Segments – GlobeNewswire” with publication date: January 31, 2019.

I.D. Systems, Inc. (NASDAQ:IDSY) Institutional Positions Chart

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