Bard Associates Inc. Buys 16,620 Shares of Issuer Direct Co. (NYSE:ISDR)

Bard Associates Inc. boosted its position in shares of Issuer Direct Co. (NYSE:ISDR) by 14.2% during the third quarter, Holdings Channel.com reports. The fund owned 133,805 shares of the company’s stock after acquiring an additional 16,620 shares during the quarter. Bard Associates Inc.’s holdings in Issuer Direct were worth $1,599,000 as of its most recent filing with the Securities and Exchange Commission.

Issuer Direct Price Performance

NYSE:ISDR opened at $9.93 on Friday. The company has a market capitalization of $38.03 million, a P/E ratio of 22.07 and a beta of 0.77. The business’s 50-day moving average is $10.51 and its 200 day moving average is $9.83. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.37. Issuer Direct Co. has a 12 month low of $7.61 and a 12 month high of $19.03.

Insider Buying and Selling at Issuer Direct

In other news, major shareholder Topline Capital Partners, Lp purchased 4,114 shares of the business’s stock in a transaction that occurred on Wednesday, August 28th. The shares were bought at an average cost of $9.76 per share, for a total transaction of $40,152.64. Following the acquisition, the insider now owns 709,264 shares of the company’s stock, valued at approximately $6,922,416.64. This trade represents a 0.58 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Topline Capital Management, Ll bought 19,826 shares of the business’s stock in a transaction dated Tuesday, August 27th. The shares were acquired at an average cost of $9.65 per share, for a total transaction of $191,320.90. Following the purchase, the insider now owns 705,150 shares of the company’s stock, valued at approximately $6,804,697.50. The trade was a 2.89 % increase in their position. The disclosure for this purchase can be found here. 26.85% of the stock is owned by company insiders.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Issuer Direct in a research report on Monday, October 14th. They issued a “hold” rating on the stock.

Issuer Direct Company Profile

Issuer Direct Corporation operates as a communications and compliance company, provides solutions for both public relations and investor relations professionals in the United States and internationally. The company provides press release distribution, media databases, media monitoring, and newsrooms through media advantage platform; ACCESSWIRE, a news dissemination and media outreach service; and Webcaster Platform, a cloud-based webcast, webinar, and virtual meeting platform that delivers live and on-demand streaming of events to audiences of various sizes, as well as allows customers to create, produce, and deliver events.