ValuEngine Downgrades Intersections, Inc. (INTX) to Hold

Intersections, Inc. (NASDAQ:INTX) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

Intersections (NASDAQ:INTX) opened at 3.54 on Thursday. Intersections has a 52-week low of $1.70 and a 52-week high of $5.75. The stock’s market cap is $84.74 million. The stock has a 50 day moving average price of $4.26 and a 200 day moving average price of $4.32.

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In related news, Chairman Michael R. Stanfield sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $4.56, for a total value of $91,200.00. Following the sale, the chairman now owns 1,109,693 shares in the company, valued at approximately $5,060,200.08. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 67.00% of the company’s stock.

Several large investors have recently added to or reduced their stakes in INTX. Northern Trust Corp boosted its stake in Intersections by 3.3% in the second quarter. Northern Trust Corp now owns 23,086 shares of the business services provider’s stock worth $109,000 after buying an additional 736 shares in the last quarter. Loeb Partners Corp boosted its stake in shares of Intersections by 2.4% in the second quarter. Loeb Partners Corp now owns 53,895 shares of the business services provider’s stock worth $254,000 after buying an additional 1,250 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in shares of Intersections by 1.2% in the first quarter. Renaissance Technologies LLC now owns 917,000 shares of the business services provider’s stock worth $3,686,000 after buying an additional 11,000 shares during the period. Institutional investors and hedge funds own 27.53% of the company’s stock.

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.