News articles about Iteris (NASDAQ:ITI) have trended somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Iteris earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 47.0876128428504 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media stories that may have effected Accern Sentiment’s analysis:

Iteris (NASDAQ:ITI) traded down $0.25 during midday trading on Monday, reaching $5.59. The company had a trading volume of 588,100 shares, compared to its average volume of 312,419. Iteris has a twelve month low of $4.60 and a twelve month high of $8.17. The company has a market cap of $183.28, a PE ratio of -43.00 and a beta of -0.45.

A number of analysts recently issued reports on the company. B. Riley reissued a “buy” rating and set a $9.00 target price on shares of Iteris in a research note on Wednesday, November 8th. Zacks Investment Research raised Iteris from a “sell” rating to a “hold” rating in a research note on Tuesday, December 5th. Northland Securities set a $9.00 target price on Iteris and gave the stock a “buy” rating in a research note on Monday, November 13th. Finally, JMP Securities assumed coverage on Iteris in a research note on Thursday, January 25th. They set an “outperform” rating and a $10.50 target price for the company. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. Iteris presently has a consensus rating of “Buy” and an average price target of $8.75.

In related news, major shareholder Neil S. Subin sold 99,141 shares of the stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $7.54, for a total transaction of $747,523.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Thomas N. Blair sold 31,250 shares of the stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $6.88, for a total value of $215,000.00. Following the sale, the insider now directly owns 12,500 shares of the company’s stock, valued at $86,000. The disclosure for this sale can be found here. Over the last three months, insiders have sold 167,891 shares of company stock valued at $1,191,273. 4.30% of the stock is owned by company insiders.

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About Iteris

Iteris, Inc is a provider of information solutions for both the traffic management and global agribusiness markets. The Company operates through three segments: Roadway Sensors, Transportation Systems and Performance Analytics. The Roadway Sensors segment provides various vehicle detection and information systems and products for traffic intersection control, incident detection and roadway traffic data collection applications.

Insider Buying and Selling by Quarter for Iteris (NASDAQ:ITI)

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