2 weeks Ago By Defense World Staff
Bank of New York Mellon Corp grew its position in shares of Ispire Technology Inc. ( NASDAQ:ISPR – Free Report ) by 15.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC.
The fund owned 56,090 shares of the company’s stock after purchasing an additional 7,591 shares during the quarter. Bank of New York Mellon Corp owned about 0.10% of Ispire Technology worth $282,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of ISPR. MetLife Investment Management LLC raised its stake in Ispire Technology by 137.6% during the third quarter.
MetLife Investment Management LLC now owns 11,764 shares of the company’s stock worth $73,000 after buying an additional 6,812 shares during the last quarter. State Street Corp raised its position in shares of Ispire Technology by 2.0% in the 3rd quarter.
State Street Corp now owns 207,542 shares of the company’s stock worth $1,288,000 after acquiring an additional 4,125 shares in the last quarter. Zacks Investment Management bought a new position in shares of Ispire Technology in the 3rd quarter worth about $96,000. Barclays PLC lifted its stake in shares of Ispire Technology by 311.
2% in the 3rd quarter. Barclays PLC now owns 27,461 shares of the company’s stock valued at $171,000 after purchasing an additional 20,782 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of Ispire Technology by 77.
2% during the 3rd quarter. Geode Capital Management LLC now owns 452,444 shares of the company’s stock valued at $2,808,000 after purchasing an additional 197,132 shares in the last quarter. 5.
00% of the stock is owned by institutional investors. Analyst Upgrades and Downgrades Separately, Roth Mkm reiterated a “buy” rating and issued a $9.00 target price on shares of Ispire Technology in a report on Thursday, March 20th.
Ispire Technology Stock Up 0.3 % Ispire Technology stock opened at $2.93 on Friday.
The company has a market capitalization of $167.28 million, a PE ratio of -7.15 and a beta of 2.
78. The firm’s fifty day moving average is $4.15 and its 200 day moving average is $5.
39. Ispire Technology Inc. has a 12-month low of $2.
84 and a 12-month high of $8.40. Ispire Technology ( NASDAQ:ISPR – Get Free Report ) last announced its quarterly earnings data on Friday, February 7th.
The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.
07). Ispire Technology had a negative net margin of 15.46% and a negative return on equity of 73.
44%. Sell-side analysts expect that Ispire Technology Inc. will post -0.
44 EPS for the current fiscal year. Ispire Technology announced that its Board of Directors has approved a share buyback plan on Wednesday, January 22nd that allows the company to buyback $10.00 million in shares.
This buyback authorization allows the company to reacquire up to 4% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued. Ispire Technology Profile ( Free Report ) Ispire Technology Inc researches, develops, designs, commercializes, sales, markets, and distributes e-cigarettes and cannabis vaping products worldwide.
The company was founded in 2019 and is based in Los Angeles, California. Ispire Technology Inc operates as a subsidiary of Pride Worldwide Investment Limited. Further Reading Five stocks we like better than Ispire Technology Mastering Discipline: Overcoming Emotional Challenges In Trading MarketBeat Week in Review – 03/24 – 03/28 What is diluted earnings per share (Diluted EPS)? Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low What is the NASDAQ Stock Exchange? 4 Healthcare Stocks With Massive Gains—and More to Come Want to see what other hedge funds are holding ISPR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Ispire Technology Inc. ( NASDAQ:ISPR – Free Report ). Receive News & Ratings for Ispire Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ispire Technology and related companies with MarketBeat.
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