Teton Advisors Inc. continued to hold its stake in shares of IntriCon Corporation (NASDAQ:IIN) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 178,617 shares of the technology company’s stock at the end of the second quarter. Teton Advisors Inc. owned approximately 2.61% of IntriCon Corporation worth $1,460,000 at the end of the most recent reporting period.
Separately, Heartland Advisors Inc. increased its stake in shares of IntriCon Corporation by 46.3% in the first quarter. Heartland Advisors Inc. now owns 804,877 shares of the technology company’s stock valued at $7,324,000 after buying an additional 254,877 shares during the period. Hedge funds and other institutional investors own 29.56% of the company’s stock.
Shares of IntriCon Corporation (NASDAQ:IIN) opened at 8.75 on Friday. IntriCon Corporation has a one year low of $4.15 and a one year high of $9.65. The company’s market cap is $59.94 million. The company has a 50 day moving average price of $8.13 and a 200 day moving average price of $8.17.
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IIN has been the topic of several recent research reports. ValuEngine raised IntriCon Corporation from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Zacks Investment Research raised IntriCon Corporation from a “hold” rating to a “buy” rating and set a $9.50 price target on the stock in a report on Friday.
In other IntriCon Corporation news, VP Michael Geraci sold 2,887 shares of the company’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $9.00, for a total transaction of $25,983.00. The transaction was disclosed in a filing with the SEC, which is available at this link. 21.40% of the stock is currently owned by corporate insiders.
About IntriCon Corporation
IntriCon Corporation is engaged in designing, developing, engineering, manufacturing and distributing body-worn devices. The Company operates through body-worn device segment. The Company serves the body-worn device market by designing, developing, engineering and manufacturing micro-miniature products, microelectronics, micro-mechanical assemblies, complete assemblies and software solutions, primarily for the value hearing health market, the medical bio-telemetry market and the professional audio communication market.
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