Media stories about Identiv (NASDAQ:INVE) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Identiv earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 47.2313675888298 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

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

Shares of Identiv (NASDAQ INVE) remained flat at $4.91 during midday trading on Thursday. The company had a trading volume of 12,323 shares. The firm’s market capitalization is $69.07 million. Identiv has a 12-month low of $1.95 and a 12-month high of $7.81. The firm’s 50 day moving average price is $5.08 and its 200-day moving average price is $5.57.

Identiv (NASDAQ:INVE) last released its earnings results on Thursday, August 10th. The technology company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.01. Identiv had a negative net margin of 7.53% and a negative return on equity of 50.00%. The business had revenue of $14.84 million during the quarter, compared to analyst estimates of $14.71 million. During the same period in the prior year, the business earned ($0.27) earnings per share. Equities analysts forecast that Identiv will post ($0.18) EPS for the current year.

A number of brokerages recently issued reports on INVE. Zacks Investment Research lowered Identiv from a “buy” rating to a “hold” rating in a research note on Tuesday, August 15th. Northland Securities set a $10.00 price target on Identiv and gave the stock a “buy” rating in a research note on Monday, August 7th.

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In other Identiv news, Director Gary Kremen bought 10,000 shares of the business’s stock in a transaction that occurred on Thursday, August 24th. The stock was acquired at an average cost of $4.90 per share, with a total value of $49,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 12.30% of the stock is owned by corporate insiders.

About Identiv

Identiv, Inc is a global security technology company. The Company operates through four segments: Physical access control systems (PACS), Identity, Credentials and All Other. PACS segment provides solutions and services that enable the issuance, management and use of secure identity credentials in diverse markets.

Insider Buying and Selling by Quarter for Identiv (NASDAQ:INVE)

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