Hillsdale Investment Management Inc. Buys 412,018 Shares of Information Services Group, Inc. $III

Hillsdale Investment Management Inc. lifted its stake in shares of Information Services Group, Inc. (NASDAQ:III) by 603.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 480,318 shares of the business services provider’s stock after buying an additional 412,018 shares during the period. Hillsdale Investment Management Inc. owned about 1.00% of Information Services Group worth $2,762,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Access Investment Management LLC bought a new stake in shares of Information Services Group in the 2nd quarter worth $36,000. Police & Firemen s Retirement System of New Jersey bought a new stake in Information Services Group in the 2nd quarter worth about $39,000. Tower Research Capital LLC TRC increased its stake in Information Services Group by 250.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 10,047 shares of the business services provider’s stock valued at $48,000 after buying an additional 7,177 shares during the last quarter. American Century Companies Inc. bought a new position in shares of Information Services Group during the 2nd quarter worth approximately $53,000. Finally, SG Americas Securities LLC bought a new position in shares of Information Services Group during the 3rd quarter worth approximately $60,000. 73.10% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on III. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Information Services Group in a research report on Wednesday, January 28th. Barrington Research lifted their target price on Information Services Group from $5.50 to $7.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 4th. Finally, Wall Street Zen lowered shares of Information Services Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 10th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $7.00.

Information Services Group Price Performance

Shares of NASDAQ:III opened at $4.76 on Monday. The firm has a market capitalization of $227.91 million, a PE ratio of 25.05, a P/E/G ratio of 0.96 and a beta of 1.04. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 0.63. The company has a 50-day moving average price of $5.59 and a two-hundred day moving average price of $5.46. Information Services Group, Inc. has a twelve month low of $2.95 and a twelve month high of $6.45.

Information Services Group Profile

Information Services Group, Inc (ISG) is a leading global technology research and advisory firm specializing in digital transformation, sourcing strategies and technology-driven business operations. Headquartered in Stamford, Connecticut, the company leverages deep market insights and data analytics to help clients optimize cost structures, accelerate growth and navigate complex technology landscapes. Since its founding in 2006, ISG has cultivated expertise across industries including financial services, healthcare, manufacturing and the public sector.

ISG’s core offerings include sourcing advisory, managed governance, market intelligence and research services.