Is Intricon Corp (NASDAQ:IIN) Going to Burn These Institutional Investors?

September 16, 2018 - By Elizabeth Jones

Sentiment for Intricon Corp (NASDAQ:IIN)

Intricon Corp (NASDAQ:IIN) institutional sentiment increased to 4 in 2018 Q2. Its up 1.91, from 2.09 in 2018Q1. The ratio increased, as 52 hedge funds increased and opened new stock positions, while 13 decreased and sold equity positions in Intricon Corp. The hedge funds in our partner’s database now have: 6.83 million shares, up from 2.78 million shares in 2018Q1. Also, the number of hedge funds holding Intricon Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 13 Increased: 15 New Position: 37.

IntriCon Corporation, together with its subsidiaries, designs, develops, engineers, makes, and distributes body-worn devices in the United States, Europe, Asia, and internationally. The company has market cap of $464.49 million. The firm operates in two divisions, Body Worn Devices and Hearing Health Direct-To-Consumer. It has a 102.79 P/E ratio. It offers micro-miniature products, microelectronics, micro-mechanical assemblies, high-precision injection-molded plastic components, and assemblies and software solutions for bio-telemetry devices, hearing instruments, and professional audio communication devices.

The stock decreased 4.91% or $2.85 during the last trading session, reaching $55.2. About 408,897 shares traded or 46.58% up from the average. IntriCon Corporation (NASDAQ:IIN) has risen 428.00% since September 16, 2017 and is uptrending. It has outperformed by 412.38% the S&P500.

Analysts await IntriCon Corporation (NASDAQ:IIN) to report earnings on November, 5. They expect $0.21 earnings per share, up 40.00 % or $0.06 from last year’s $0.15 per share. IIN’s profit will be $1.77 million for 65.71 P/E if the $0.21 EPS becomes a reality. After $0.25 actual earnings per share reported by IntriCon Corporation for the previous quarter, Wall Street now forecasts -16.00 % negative EPS growth.

G2 Investment Partners Management Llc holds 2.39% of its portfolio in IntriCon Corporation for 179,716 shares. S Squared Technology Llc owns 43,128 shares or 1.38% of their US portfolio. Moreover, Bard Associates Inc has 0.68% invested in the company for 36,400 shares. The Minnesota-based White Pine Capital Llc has invested 0.66% in the stock. Teton Advisors Inc., a New York-based fund reported 142,617 shares.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $741,782 activity.

IntriCon Corporation (NASDAQ:IIN) Ratings Coverage

Ratings analysis reveals 67% of Intricon Corp’s analysts are positive. Out of 3 Wall Street analysts rating Intricon Corp, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $26.5000 while the high is $73. The stock’s average target of $50 is -9.42% below today’s ($55.2) share price. IIN was included in 8 notes of analysts from April 11, 2018. The stock of IntriCon Corporation (NASDAQ:IIN) earned “Buy” rating by FBR Capital on Wednesday, May 9. The rating was initiated by FBR Capital on Wednesday, April 11 with “Buy”. The firm has “Buy” rating given on Wednesday, August 22 by FBR Capital. The firm earned “Neutral” rating on Tuesday, September 11 by Dougherty. FBR Capital maintained the stock with “Buy” rating in Wednesday, June 13 report. The stock has “Buy” rating by FBR Capital on Monday, July 16. On Thursday, July 26 the stock rating was maintained by Stifel Nicolaus with “Buy”.

More important recent IntriCon Corporation (NASDAQ:IIN) news were published by: which released: “48 Biggest Movers From Yesterday” on September 12, 2018, also published article titled: “54 Biggest Movers From Yesterday”, published: “Premarket analyst action – healthcare” on September 11, 2018. More interesting news about IntriCon Corporation (NASDAQ:IIN) was released by: and their article: “40 Stocks Moving In Wednesday’s Mid-Day Session” with publication date: September 05, 2018.

IntriCon Corporation (NASDAQ:IIN) Institutional Positions Chart

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