Identiv, Inc. (NASDAQ:INVE) – Equities research analysts at Imperial Capital issued their FY2017 earnings estimates for shares of Identiv in a note issued to investors on Tuesday. Imperial Capital analyst J. Kessler expects that the technology company will earn ($0.34) per share for the year. Imperial Capital also issued estimates for Identiv’s Q4 2017 earnings at ($0.06) EPS, Q1 2018 earnings at ($0.07) EPS, Q2 2018 earnings at ($0.06) EPS, Q3 2018 earnings at ($0.05) EPS, Q4 2018 earnings at ($0.03) EPS, FY2018 earnings at ($0.21) EPS and FY2019 earnings at ($0.11) EPS.

INVE has been the topic of a number of other reports. Zacks Investment Research cut shares of Identiv from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. ValuEngine cut shares of Identiv from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. Finally, Northland Securities set a $10.00 price target on shares of Identiv and gave the company a “buy” rating in a research report on Monday, August 7th.

Identiv (NASDAQ:INVE) opened at $3.37 on Thursday. Identiv has a 52-week low of $2.41 and a 52-week high of $7.81. The company has a quick ratio of 1.20, a current ratio of 1.75 and a debt-to-equity ratio of 0.21.

Institutional investors have recently modified their holdings of the company. UBS Group AG grew its holdings in shares of Identiv by 11.3% in the first quarter. UBS Group AG now owns 15,579 shares of the technology company’s stock worth $110,000 after purchasing an additional 1,579 shares during the last quarter. Sterling Capital Management LLC bought a new position in shares of Identiv in the second quarter worth approximately $111,000. Emancipation Management LLC bought a new position in shares of Identiv in the second quarter worth approximately $111,000. Northern Trust Corp grew its holdings in shares of Identiv by 43.5% in the second quarter. Northern Trust Corp now owns 23,429 shares of the technology company’s stock worth $123,000 after purchasing an additional 7,104 shares during the last quarter. Finally, White Pine Capital LLC bought a new position in shares of Identiv in the second quarter worth approximately $192,000. Hedge funds and other institutional investors own 32.85% of the company’s stock.

In other Identiv news, Director Gary Kremen purchased 10,000 shares of Identiv stock in a transaction on Wednesday, September 13th. The shares were acquired at an average cost of $4.37 per share, for a total transaction of $43,700.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 12.30% of the stock is owned by company insiders.

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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.

Earnings History and Estimates for Identiv (NASDAQ:INVE)

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