Determine, Inc. (DTRM) CEO Patrick Stakenas Acquires 5,000 Shares of Stock
Determine, Inc. (NASDAQ:DTRM) CEO Patrick Stakenas purchased 5,000 shares of Determine stock in a transaction dated Tuesday, August 22nd. The stock was bought at an average cost of $2.05 per share, with a total value of $10,250.00. Following the completion of the purchase, the chief executive officer now owns 899,909 shares in the company, valued at approximately $1,844,813.45. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.
Patrick Stakenas also recently made the following trade(s):
- On Thursday, August 17th, Patrick Stakenas purchased 16,000 shares of Determine stock. The stock was bought at an average cost of $1.75 per share, with a total value of $28,000.00.
Shares of Determine, Inc. (NASDAQ:DTRM) traded down 4.39% during mid-day trading on Friday, hitting $1.96. 3,359 shares of the stock were exchanged. Determine, Inc. has a 1-year low of $1.50 and a 1-year high of $3.93. The firm’s market cap is $28.63 million. The company’s 50-day moving average is $2.11 and its 200-day moving average is $2.92.
Determine (NASDAQ:DTRM) last issued its earnings results on Thursday, June 8th. The technology company reported ($0.04) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.11) by $0.07. The firm had revenue of $7.50 million during the quarter, compared to the consensus estimate of $6.79 million. Determine had a negative return on equity of 100.02% and a negative net margin of 32.97%. The business’s quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.20) earnings per share. Equities research analysts anticipate that Determine, Inc. will post ($0.34) earnings per share for the current fiscal year.
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A number of brokerages have recently weighed in on DTRM. Maxim Group set a $3.00 price target on shares of Determine and gave the stock a “buy” rating in a research note on Friday, August 11th. ValuEngine lowered shares of Determine from a “hold” rating to a “sell” rating in a research note on Saturday, July 22nd.
An institutional investor recently bought a new position in Determine stock. Susquehanna International Group LLP bought a new stake in Determine, Inc. (NASDAQ:DTRM) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 76,436 shares of the technology company’s stock, valued at approximately $203,000. Susquehanna International Group LLP owned 0.62% of Determine at the end of the most recent reporting period. 21.52% of the stock is currently owned by institutional investors.
Determine Company Profile
Determine, Inc, (Determine), formerly Selectica, Inc, is a provider of enterprise contract management, supply management and configuration solutions. The Company is engaged in providing software as a service (SaaS) Source to Pay and Enterprise Contract Lifecyclem Management (ECLM) solutions. Its Source to Pay software suite includes strategic sourcing, supplier management, contract management and procure-to-pay applications.
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