i3 Verticals Inc (NASDAQ: IIIV) is 0.66% higher on its value in year-to-date trading and has touched a low of $17.54 and a high of $27.44 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The IIIV stock was last observed hovering at around $22.77 in the last trading session, with the day’s loss setting it -1.46%.
Currently trading at $21.31, the stock is 5.61% and 4.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.38 million and changing -6.41% at the moment leaves the stock -0.99% off its SMA200. IIIV registered -13.41% loss for a year compared to 6-month loss of -7.59%. The firm has a 50-day simple moving average (SMA 50) of $2.35 and a 200-day simple moving average (SMA200) of $14.46.
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The stock witnessed a 12.34% gain in the last 1 month and extending the period to 3 months gives it a 7.52%, and is -0.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.31% over the week and 5.16% over the month.
i3 Verticals Inc (IIIV) has around 1663 employees, a market worth around $496.10M and $376.20M in sales. Fwd P/E is 11.49. Profit margin for the company is 0.14%. Distance from 52-week low is 21.49% and -22.34% from its 52-week high. The company has generated returns on investments over the last 12 months (0.10%).
i3 Verticals Inc quarterly earnings per share for the current quarter are estimated at $0.39 with sales reaching $100.12M over the same period.The EPS is expected to grow by 5.17% this year, but quarterly earnings will post 6.40% year-over-year.
207 institutions hold shares in i3 Verticals Inc (IIIV), with institutional investors hold 94.08% of the company’s shares. The shares outstanding are 23.25M, and float is at 22.26M with Short Float at 2.16%. Institutions hold 92.90% of the Float.
The top institutional shareholder in the company is Geneva Capital Management LLC with over 1.91 million shares valued at $43.66 million. The investor’s holdings represent 8.22% of the IIIV Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 1.57 million shares valued at $35.9 million to account for 6.76% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 1.25 million shares representing 5.39% and valued at over $28.64 million, while Crosslink Capital Inc holds 5.18% of the shares totaling 1.2 million with a market value of $27.53 million.
i3 Verticals Inc (IIIV) Insider Activity
A total of 0 insider transactions have happened at i3 Verticals Inc (IIIV) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by MCKENNA TIMOTHY, the company’s Director. SEC filings show that MCKENNA TIMOTHY sold 2,687 shares of the company’s common stock on Aug 18 at a price of $22.27 per share for a total of $59839.0. Following the sale, the insider now owns 0.0 shares.
i3 Verticals Inc disclosed in a document filed with the SEC on May 15 that DAILY GREGORY S (Chief Executive Officer) bought a total of 22,377 shares of the company’s common stock. The trade occurred on May 15 and was made at $21.90 per share for $0.49 million. Following the transaction, the insider now directly holds 0.13 million shares of the IIIV stock.
Still, SEC filings show that on May 12, DAILY GREGORY S (Chief Executive Officer) acquired 27,623 shares at an average price of $21.28 for $0.59 million. The insider now directly holds 112,423 shares of i3 Verticals Inc (IIIV).
i3 Verticals Inc (IIIV): Who are the competitors?
One of the company’s main competitors (and peers) include PayPal Holdings Inc. (PYPL) that is trading -18.57% down over the past 12 months.Constellation Software Inc. (CSU) lies in the list of competitors of the i3 Verticals Inc and is 66.15% higher over the same period from IIIVBlock Inc. (SQ) is 1.83% up on the 1-year trading charts.
