Topline Capital Management, Ll Purchases 19,826 Shares of Issuer Direct Co. (NYSE:ISDR) Stock

Issuer Direct Co. (NYSE:ISDR) insider Topline Capital Management, Ll bought 19,826 shares of the stock in a transaction on Tuesday, August 27th. The shares were acquired at an average cost of $9.65 per share, for a total transaction of $191,320.90. Following the purchase, the insider now owns 705,150 shares in the company, valued at $6,804,697.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Wednesday, June 26th, Topline Capital Management, Ll purchased 4,744 shares of Issuer Direct stock. The stock was bought at an average price of $7.80 per share, with a total value of $37,003.20.

Issuer Direct Stock Performance

Shares of Issuer Direct stock opened at $12.06 on Friday. The business’s fifty day simple moving average is $8.92 and its 200-day simple moving average is $10.83. 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 firm has a market cap of $46.03 million, a PE ratio of 60.30 and a beta of 0.73. Issuer Direct Co. has a 52 week low of $7.61 and a 52 week high of $21.50.

Issuer Direct (NYSE:ISDR) last announced its earnings results on Thursday, August 8th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.02. Issuer Direct had a net margin of 2.43% and a return on equity of 9.01%. The company had revenue of $7.69 million during the quarter, compared to analyst estimates of $7.62 million. Equities analysts forecast that Issuer Direct Co. will post 0.52 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Issuer Direct in a report on Tuesday. They issued a “buy” rating for the company.

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.