Loeb Partners Corp Purchases 1,250 Shares of Intersections, Inc. (NASDAQ:INTX)

Loeb Partners Corp boosted its stake in Intersections, Inc. (NASDAQ:INTX) by 2.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,895 shares of the business services provider’s stock after buying an additional 1,250 shares during the period. Loeb Partners Corp owned approximately 0.23% of Intersections worth $254,000 as of its most recent filing with the SEC.

Separately, Renaissance Technologies LLC increased its position in shares of Intersections by 2.5% in the fourth quarter. Renaissance Technologies LLC now owns 906,000 shares of the business services provider’s stock worth $3,615,000 after buying an additional 22,400 shares during the period. Institutional investors own 27.53% of the company’s stock.

Shares of Intersections, Inc. (NASDAQ INTX) traded down 5.91% during trading on Friday, hitting $3.50. 32,483 shares of the company were exchanged. Intersections, Inc. has a 1-year low of $1.70 and a 1-year high of $5.75. The company has a 50 day moving average of $4.40 and a 200-day moving average of $4.34. The stock’s market capitalization is $84.54 million.

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In related news, CEO Johan Roets sold 40,000 shares of Intersections stock in a transaction dated Tuesday, May 16th. The stock was sold at an average price of $5.42, for a total value of $216,800.00. Following the completion of the sale, the chief executive officer now directly owns 87,543 shares in the company, valued at approximately $474,483.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Michael R. Stanfield sold 20,000 shares of Intersections stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $4.56, for a total value of $91,200.00. Following the completion of the sale, the chairman now owns 1,109,693 shares of the company’s stock, valued at $5,060,200.08. The disclosure for this sale can be found here. Insiders sold a total of 85,770 shares of company stock valued at $450,181 over the last quarter. 67.00% of the stock is owned by corporate insiders.

About Intersections

Intersections Inc uses data to enable consumers reduce risk through subscription services. The Company’s operating segments include Personal Information Services, Insurance and Other Consumer Services, and Bail Bonds Industry Solutions. The Company’s Personal Information Services business segment focuses on helping consumers understand, monitor, manage and protect against the risks associated with third parties misusing their personal information and violating their privacy.

Institutional Ownership by Quarter for Intersections (NASDAQ:INTX)

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