Y.D. More Investments Ltd Sells 3,350 Shares of Odysight.ai (NASDAQ:ODYS) Stock

Odysight.ai Inc. (NASDAQ:ODYS) major shareholder Y.D. More Investments Ltd sold 3,350 shares of the stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $3.44, for a total value of $11,524.00. Following the transaction, the insider directly owned 553,562 shares in the company, valued at approximately $1,904,253.28. This represents a 0.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major 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, December 15th, Y.D. More Investments Ltd sold 1,000 shares of Odysight.ai stock. The stock was 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 stock was 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 shares were 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 shares were sold at an average price of $3.45, for a total transaction of $17,250.00.
• On Monday, November 10th, Y.D. More Investments Ltd sold 77,385 shares of Odysight.ai stock. The stock was sold at an average price of $3.35, for a total transaction of $259,239.75.
• On Wednesday, November 5th, Y.D. More Investments Ltd sold 3,550 shares of Odysight.ai stock. The stock was sold at an average price of $2.81, for a total transaction 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.
• On Monday, October 20th, Y.D. More Investments Ltd sold 14,312 shares of Odysight.ai stock. The stock was sold at an average price of $3.55, for a total transaction of $50,807.60.
• On Thursday, October 16th, Y.D. More Investments Ltd sold 6,000 shares of Odysight.ai stock. The stock was sold at an average price of $3.53, for a total transaction of $21,180.00.
• On Wednesday, October 15th, Y.D. More Investments Ltd sold 900 shares of Odysight.ai stock. The stock was sold at an average price of $3.44, for a total transaction of $3,096.00.

Odysight.ai Price Performance

ODYS stock opened at $3.22 on Wednesday. The stock has a market capitalization of $52.66 million, a price-to-earnings ratio of -2.93 and a beta of 0.33. The company has a 50-day moving average of $3.29 and a two-hundred day moving average of $3.98. Odysight.ai Inc. has a 52-week low of $2.60 and a 52-week high of $10.80.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Odysight.ai stock. Noked Israel Ltd bought a new position in Odysight.ai Inc. (NASDAQ:ODYS) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 200,972 shares of the company’s stock, valued at approximately $904,000. Odysight.ai accounts for 0.1% of Noked Israel Ltd’s investment portfolio, making the stock its 11th biggest holding. Noked Israel Ltd owned approximately 1.23% of Odysight.ai at the end of the most recent quarter. 19.67% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Odysight.ai in a research note on Monday, December 22nd. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $10.00.

Odysight.ai Company Profile

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.