Iteris, Inc. (NASDAQ:ITI) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP lessened its position in Iteris, Inc. (NASDAQ:ITI) by 62.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 44,541 shares of the technology company’s stock after selling 75,074 shares during the period. GSA Capital Partners LLP owned approximately 0.10% of Iteris worth $318,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Iteris by 1.7% in the 1st quarter. Vanguard Group Inc. now owns 2,454,413 shares of the technology company’s stock valued at $12,125,000 after purchasing an additional 41,618 shares in the last quarter. Natixis purchased a new position in shares of Iteris in the 1st quarter valued at about $642,000. EntryPoint Capital LLC purchased a new position in shares of Iteris in the 1st quarter valued at about $66,000. Public Employees Retirement System of Ohio purchased a new position in shares of Iteris in the 1st quarter valued at about $43,000. Finally, Perritt Capital Management Inc. increased its holdings in Iteris by 150.0% during the 1st quarter. Perritt Capital Management Inc. now owns 25,000 shares of the technology company’s stock valued at $124,000 after acquiring an additional 15,000 shares in the last quarter. Institutional investors and hedge funds own 51.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on ITI shares. StockNews.com started coverage on shares of Iteris in a report on Saturday, November 16th. They set a “buy” rating for the company. B. Riley restated a “neutral” rating and set a $7.20 target price (down from $8.00) on shares of Iteris in a report on Wednesday, August 21st. Maxim Group restated a “hold” rating on shares of Iteris in a report on Monday, August 12th. Finally, Northland Capmk downgraded shares of Iteris from a “strong-buy” rating to a “hold” rating in a report on Friday, August 9th.

Iteris Stock Performance

Iteris stock opened at $7.19 on Friday. Iteris, Inc. has a 1 year low of $4.00 and a 1 year high of $7.20. The firm has a 50 day moving average price of $7.17 and a 200 day moving average price of $5.87. The company has a market cap of $307.88 million, a price-to-earnings ratio of 239.75 and a beta of 0.87.

Iteris Company Profile

Iteris, Inc provides intelligent transportation systems technology solutions in North America, Europe, South America, and Asia. The company offers smart mobility infrastructure solutions include traveler information systems, transportation performance measurement software, traffic analytics software, transportation operations software, transportation-related data sets, advanced sensing devices, managed services, traffic engineering services, and mobility consulting services.