Bailard Inc. Purchases 26,664 Shares of Information Services Group, Inc. $III

Bailard Inc. boosted its position in Information Services Group, Inc. (NASDAQ:IIIFree Report) by 72.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 63,552 shares of the business services provider’s stock after purchasing an additional 26,664 shares during the period. Bailard Inc. owned about 0.13% of Information Services Group worth $305,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Access Investment Management LLC bought a new stake in Information Services Group in the second quarter valued at approximately $36,000. Everstar Asset Management LLC acquired a new position in shares of Information Services Group during the 1st quarter worth approximately $43,000. Baron Wealth Management LLC bought a new stake in Information Services Group in the 2nd quarter valued at $57,000. Kathmere Capital Management LLC acquired a new stake in Information Services Group during the 2nd quarter valued at $74,000. Finally, Invesco Ltd. lifted its holdings in Information Services Group by 22.5% during the 1st quarter. Invesco Ltd. now owns 20,546 shares of the business services provider’s stock valued at $80,000 after purchasing an additional 3,780 shares during the last quarter. Institutional investors own 73.10% of the company’s stock.

Insider Activity at Information Services Group

In other news, CEO Michael P. Connors sold 66,196 shares of Information Services Group stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $5.26, for a total transaction of $348,190.96. Following the sale, the chief executive officer directly owned 5,040,029 shares in the company, valued at $26,510,552.54. The trade was a 1.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last quarter, insiders sold 493,703 shares of company stock worth $2,641,010. Insiders own 15.90% of the company’s stock.

Analyst Upgrades and Downgrades

III has been the topic of several research analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Information Services Group in a research report on Friday, October 31st. Wall Street Zen raised shares of Information Services Group from a “buy” rating to a “strong-buy” rating in a report on Sunday, November 9th. Finally, Barrington Research upped their target price on Information Services Group from $5.50 to $7.00 and gave the company an “outperform” rating in a research report on Tuesday, November 4th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $7.00.

View Our Latest Report on Information Services Group

Information Services Group Stock Performance

NASDAQ:III opened at $5.25 on Friday. Information Services Group, Inc. has a 52 week low of $2.95 and a 52 week high of $6.45. The firm has a 50-day moving average price of $5.53 and a two-hundred day moving average price of $5.00. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.43 and a current ratio of 2.43. The firm has a market cap of $251.39 million, a price-to-earnings ratio of 35.00, a price-to-earnings-growth ratio of 1.50 and a beta of 1.32.

Information Services Group (NASDAQ:IIIGet Free Report) last released its earnings results on Monday, November 3rd. The business services provider reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.01. The company had revenue of $62.36 million during the quarter, compared to analyst estimates of $60.94 million. Information Services Group had a return on equity of 6.87% and a net margin of 3.27%. Information Services Group has set its Q4 2025 guidance at EPS. On average, equities analysts expect that Information Services Group, Inc. will post 0.09 earnings per share for the current fiscal year.

Information Services Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 5th will be given a dividend of $0.045 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $0.18 annualized dividend and a dividend yield of 3.4%. Information Services Group’s dividend payout ratio (DPR) is currently 94.74%.

Information Services Group Profile

(Free Report)

Information Services Group, Inc, together with its subsidiaries, operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific. The company offers digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk; network carrier; technology strategy and operations design; change management; and market intelligence and technology research and analysis services.

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Institutional Ownership by Quarter for Information Services Group (NASDAQ:III)

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