OMNIQ Corp. (NASDAQ:OMQS) CFO Neev Nissenson Sells 6,000 Shares

OMNIQ Corp. (NASDAQ:OMQS – Get Rating) CFO Neev Nissenson sold 6,000 shares of the business’s stock in a transaction dated Thursday, May 18th. The shares were sold at an average price of $5.78, for a total transaction of $34,680.00. Following the completion of the transaction, the chief financial officer now owns 61,728 shares in the company, valued at $356,787.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Neev Nissenson also recently made the following trade(s):

• On Monday, May 22nd, Neev Nissenson sold 3,288 shares of OMNIQ stock. The shares were sold at an average price of $5.93, for a total transaction of $19,497.84.

OMNIQ Stock Down 5.4 %

NASDAQ:OMQS opened at $5.76 on Tuesday. The firm has a market cap of $45.45 million, a PE ratio of -2.97 and a beta of 1.22. OMNIQ Corp. has a 12 month low of $3.80 and a 12 month high of $8.75. The company’s 50-day moving average price is $5.12 and its two-hundred day moving average price is $5.14.

OMNIQ (NASDAQ:OMQS – Get Rating) last released its quarterly earnings results on Thursday, March 30th. The company reported ($0.53) EPS for the quarter. The business had revenue of $25.01 million for the quarter.

Hedge Funds Weigh In On OMNIQ

A number of institutional investors have recently modified their holdings of OMQS. Northern Trust Corp bought a new position in shares of OMNIQ in the second quarter worth about $56,000. State Street Corp bought a new position in shares of OMNIQ in the second quarter worth about $84,000. Royal Bank of Canada bought a new position in shares of OMNIQ in the third quarter worth about $60,000. Finally, Vanguard Group Inc. raised its stake in shares of OMNIQ by 12.0% in the third quarter. Vanguard Group Inc. now owns 196,627 shares of the company’s stock worth $1,174,000 after acquiring an additional 21,027 shares during the last quarter. 4.84% of the stock is owned by institutional investors.

OMNIQ Company Profile

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OMNIQ Corp. engages in the provision of computerized and machine vision image processing solutions. It uses patented and proprietary AI technology to deliver data collection, real-time surveillance and monitoring for supply chain management, homeland security, public safety, traffic & parking management and access control applications.