Y.D. More Investments Ltd Sells 323,443 Shares of Odysight.ai (NASDAQ:ODYS) Stock

Odysight.ai Inc. (NASDAQ:ODYS) major shareholder Y.D. More Investments Ltd sold 323,443 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $3.33, for a total value of $1,077,065.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Y.D. More Investments Ltd also recently made the following trade(s):

• On Monday, January 5th, Y.D. More Investments Ltd sold 650 shares of Odysight.ai stock. The shares were sold at an average price of $3.26, for a total transaction of $2,119.00.
• On Monday, December 29th, Y.D. More Investments Ltd sold 8,980 shares of Odysight.ai stock. The stock was sold at an average price of $3.25, for a total transaction of $29,185.00.
• On Tuesday, December 23rd, Y.D. More Investments Ltd sold 3,350 shares of Odysight.ai stock. The shares were sold at an average price of $3.44, for a total transaction of $11,524.00.
• On Monday, December 15th, Y.D. More Investments Ltd sold 1,000 shares of Odysight.ai stock. The shares were sold at an average price of $3.05, for a total value of $3,050.00.
• On Thursday, December 11th, Y.D. More Investments Ltd sold 300,500 shares of Odysight.ai stock. The shares were sold at an average price of $3.40, for a total value of $1,021,700.00.
• On Wednesday, December 3rd, Y.D. More Investments Ltd sold 1,140 shares of Odysight.ai stock. The stock was sold at an average price of $3.34, for a total value of $3,807.60.
• On Monday, December 1st, Y.D. More Investments Ltd sold 5,000 shares of Odysight.ai stock. The stock was sold at an average price of $3.45, for a total value of $17,250.00.
• On Monday, November 10th, Y.D. More Investments Ltd sold 77,385 shares of Odysight.ai stock. The shares were sold at an average price of $3.35, for a total value of $259,239.75.
• On Wednesday, November 5th, Y.D. More Investments Ltd sold 3,550 shares of Odysight.ai stock. The shares were sold at an average price of $2.81, for a total value of $9,975.50.
• On Wednesday, October 22nd, Y.D. More Investments Ltd sold 2,800 shares of Odysight.ai stock. The shares were sold at an average price of $3.38, for a total transaction of $9,464.00.

Odysight.ai Trading Down 0.8%

Shares of Odysight.ai stock opened at $3.77 on Friday. The firm’s 50 day moving average is $3.30 and its 200 day moving average is $3.91. The firm has a market capitalization of $61.64 million, a PE ratio of -3.43 and a beta of 0.35. Odysight.ai Inc. has a 1 year low of $2.60 and a 1 year high of $10.80.

Odysight.ai (NASDAQ:ODYS) last issued its earnings results on Thursday, November 13th. The company reported ($0.27) earnings per share for the quarter. The company had revenue of $0.15 million during the quarter. Odysight.ai had a negative net margin of 420.41% and a negative return on equity of 56.38%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Odysight.ai stock. Noked Israel Ltd purchased a new stake in Odysight.ai Inc. (NASDAQ:ODYS) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 200,972 shares of the company’s stock, valued at approximately $904,000. Odysight.ai comprises approximately 0.1% of Noked Israel Ltd’s holdings, making the stock its 11th largest position. Noked Israel Ltd owned about 1.23% of Odysight.ai as of its most recent SEC filing. Hedge funds and other institutional investors own 19.67% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Odysight.ai in a research report on Monday, December 22nd. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $10.00.

About Odysight.ai

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.