AWM Investment Company Inc. Sells 735,039 Shares of Usio, Inc. (NASDAQ:USIO)

AWM Investment Company Inc. lowered its position in Usio, Inc. (NASDAQ:USIO) by 58.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 527,825 shares of the company’s stock after selling 735,039 shares during the quarter. AWM Investment Company Inc. owned 1.95% of Usio worth $771,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Integrity Wealth Advisors Inc. bought a new stake in Usio during the 4th quarter worth approximately $139,000. Perritt Capital Management Inc lifted its holdings in shares of Usio by 2.1% during the fourth quarter. Perritt Capital Management Inc now owns 478,200 shares of the company’s stock worth $698,000 after purchasing an additional 10,000 shares during the period. Renaissance Technologies LLC grew its stake in shares of Usio by 25.5% in the fourth quarter. Renaissance Technologies LLC now owns 479,383 shares of the company’s stock worth $700,000 after purchasing an additional 97,442 shares during the last quarter. Finally, Perkins Capital Management Inc. increased its holdings in Usio by 1.4% in the fourth quarter. Perkins Capital Management Inc. now owns 995,693 shares of the company’s stock valued at $1,454,000 after purchasing an additional 13,500 shares during the period. Institutional investors own 20.23% of the company’s stock.

Usio Stock Down 1.4%

Usio stock opened at $1.44 on Wednesday. The firm has a market cap of $38.31 million, a price-to-earnings ratio of 16.00 and a beta of 1.72. Usio, Inc. has a 52-week low of $1.24 and a 52-week high of $2.92. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.10 and a current ratio of 1.10. The firm has a 50 day moving average price of $1.50 and a two-hundred day moving average price of $1.62.

Usio (NASDAQ:USIO) last posted its quarterly earnings data on Wednesday, May 14th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.05). The firm had revenue of $22.01 million for the quarter, compared to analyst estimates of $22.05 million. Usio had a negative return on equity of 2.98% and a net margin of 3.33%. Equities analysts predict that Usio, Inc. will post -0.03 EPS for the current year.

Wall Street Analyst Weigh In

Separately, HC Wainwright reaffirmed a “buy” rating and set a $4.00 target price on shares of Usio in a report on Thursday, March 27th.

Usio Profile

Usio, Inc, together with its subsidiaries, provides integrated electronic payment processing services to merchants and businesses in the United States. The company offers various types of automated clearing house (ACH) processing; and credit, prepaid card, and debit card-based processing services. Its ACH transaction processing services include Represented Check and Check Conversion for electronic payment facilitation.