Merit Financial Group LLC Purchases New Position in Decisionpoint Systems, Inc. (OTCMKTS:DPSI)

Merit Financial Group LLC purchased a new stake in shares of Decisionpoint Systems, Inc. (OTCMKTS:DPSIGet Rating) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,000 shares of the technology company’s stock, valued at approximately $96,000. Merit Financial Group LLC owned approximately 0.21% of Decisionpoint Systems as of its most recent SEC filing.

Separately, State Street Corp bought a new stake in shares of Decisionpoint Systems during the second quarter valued at approximately $63,000. Hedge funds and other institutional investors own 4.25% of the company’s stock.

Insider Transactions at Decisionpoint Systems

In related news, CEO Steven F. Smith sold 12,688 shares of Decisionpoint Systems stock in a transaction on Friday, December 2nd. The shares were sold at an average price of $8.63, for a total transaction of $109,497.44. Following the transaction, the chief executive officer now owns 569,709 shares in the company, valued at approximately $4,916,588.67. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CEO Steven F. Smith sold 12,688 shares of Decisionpoint Systems stock in a transaction on Friday, December 2nd. The shares were sold at an average price of $8.63, for a total transaction of $109,497.44. Following the transaction, the chief executive officer now owns 569,709 shares in the company, valued at approximately $4,916,588.67. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Steven F. Smith sold 7,900 shares of Decisionpoint Systems stock in a transaction on Monday, December 5th. The shares were sold at an average price of $9.39, for a total transaction of $74,181.00. Following the transaction, the chief executive officer now owns 561,809 shares in the company, valued at approximately $5,275,386.51. The disclosure for this sale can be found here. Corporate insiders own 23.00% of the company’s stock.

Decisionpoint Systems Trading Up 2.2 %

OTCMKTS:DPSI opened at $10.50 on Monday. The company has a current ratio of 0.96, a quick ratio of 0.91 and a debt-to-equity ratio of 0.01. Decisionpoint Systems, Inc. has a 12 month low of $3.10 and a 12 month high of $12.98. The company has a market cap of $76.53 million, a PE ratio of 42.00 and a beta of 1.80. The company has a 50 day simple moving average of $8.25 and a two-hundred day simple moving average of $6.68.

Decisionpoint Systems (OTCMKTS:DPSIGet Rating) last issued its quarterly earnings results on Monday, November 14th. The technology company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.14. The business had revenue of $25.71 million for the quarter, compared to analysts’ expectations of $20.95 million. Decisionpoint Systems had a net margin of 2.22% and a return on equity of 11.71%. Research analysts forecast that Decisionpoint Systems, Inc. will post 0.36 earnings per share for the current year.

About Decisionpoint Systems

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Decisionpoint Systems, Inc provides and integrates enterprise mobility and wireless applications solutions that delivers improved productivity and operational advantages to its clients by helping to move business decision points closer to its customers. It makes enterprise software applications accessible to the front-line worker anytime, anywhere.

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