Intersections Inc. (NASDAQ:INTX) major shareholder Wc Sacd One Parent, Inc. acquired 13,435,388 shares of the company’s stock in a transaction that occurred on Monday, January 7th. The shares were acquired at an average cost of $3.68 per share, for a total transaction of $49,442,227.84. The acquisition was disclosed in a filing with the SEC, which is available through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Shares of INTX stock opened at $3.67 on Friday. Intersections Inc. has a 1-year low of $1.29 and a 1-year high of $3.69. The firm has a market cap of $89.65 million, a P/E ratio of 28.23 and a beta of -0.71. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 21.59.

Intersections (NASDAQ:INTX) last announced its quarterly earnings data on Friday, November 9th. The business services provider reported ($0.05) earnings per share for the quarter. Intersections had a return on equity of 406.15% and a net margin of 2.04%. The business had revenue of $37.49 million for the quarter.

Separately, TheStreet raised Intersections from a “d-” rating to a “c” rating in a report on Tuesday, November 27th.

Institutional investors have recently bought and sold shares of the business. PEAK6 Investments L.P. acquired a new stake in Intersections in the second quarter valued at $692,000. PEAK6 Investments LLC acquired a new stake in Intersections in the third quarter valued at $976,000. Finally, Renaissance Technologies LLC grew its holdings in Intersections by 1.7% in the third quarter. Renaissance Technologies LLC now owns 984,400 shares of the business services provider’s stock valued at $1,782,000 after purchasing an additional 16,300 shares during the last quarter. 23.93% of the stock is currently owned by institutional investors.

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Intersections Company Profile

Intersections Inc provides identity risk management and privacy protection services in the United States and Canada. The company's Personal Information Services segment offers privacy, personal information security, and identity theft monitoring and remediation services for consumers to understand, monitor, manage, and protect against the risks associated with their personal information.

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