Topline Capital Management, Ll Acquires 4,744 Shares of Issuer Direct Co. (NYSE:ISDR) Stock

Issuer Direct Co. (NYSE:ISDR) insider Topline Capital Management, Ll acquired 4,744 shares of the business’s stock in a transaction on Wednesday, June 26th. The shares were purchased at an average price of $7.80 per share, with a total value of $37,003.20. Following the transaction, the insider now owns 662,855 shares in the company, valued at approximately $5,170,269. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Topline Capital Management, Ll also recently made the following trade(s):

• On Wednesday, May 29th, Topline Capital Management, Ll purchased 14,412 shares of Issuer Direct stock. The shares were purchased at an average price of $9.28 per share, for a total transaction of $133,743.36.
• On Monday, May 13th, Topline Capital Management, Ll acquired 14,062 shares of Issuer Direct stock. The stock was purchased at an average price of $9.83 per share, with a total value of $138,229.46.
• On Friday, May 10th, Topline Capital Management, Ll bought 7,027 shares of Issuer Direct stock. The shares were acquired at an average price of $10.00 per share, for a total transaction of $70,270.00.

Issuer Direct Stock Performance

NYSE:ISDR opened at $7.85 on Friday. The firm’s fifty day simple moving average is $9.95 and its 200-day simple moving average is $12.92. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.42. The stock has a market cap of $29.97 million, a PE ratio of 39.23 and a beta of 0.78. Issuer Direct Co. has a fifty-two week low of $7.61 and a fifty-two week high of $23.40.

Issuer Direct (NYSE:ISDR) last released its quarterly earnings data on Thursday, May 9th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.11). Issuer Direct had a return on equity of 9.01% and a net margin of 2.43%. The company had revenue of $6.96 million for the quarter, compared to analysts’ expectations of $8.63 million. Analysts expect that Issuer Direct Co. will post 0.52 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Issuer Direct in a research note on Monday, June 24th. They issued a “buy” rating on the stock.

Issuer Direct Company Profile

Issuer Direct Corporation operates as a communications and compliance company, provides solutions for both public relations and investor relations professionals in the United States and internationally. The company provides press release distribution, media databases, media monitoring, and newsrooms through media advantage platform; ACCESSWIRE, a news dissemination and media outreach service; and Webcaster Platform, a cloud-based webcast, webinar, and virtual meeting platform that delivers live and on-demand streaming of events to audiences of various sizes, as well as allows customers to create, produce, and deliver events.