Shares of Helios and Matheson Analytics Inc (NASDAQ:HMNY) were down 32% during mid-day trading on Tuesday . The stock traded as low as $5.37 and last traded at $5.43. Approximately 19,368,341 shares traded hands during mid-day trading, an increase of 183% from the average daily volume of 6,851,053 shares. The stock had previously closed at $7.99.

Separately, Maxim Group boosted their target price on Helios and Matheson Analytics from $20.00 to $25.00 and gave the company a “buy” rating in a research note on Monday, November 6th.

The firm has a market capitalization of $127.50, a P/E ratio of -0.58 and a beta of 1.14.

In related news, Director Muralikrishna Gadiyaram sold 170,000 shares of the business’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $13.00, for a total transaction of $2,210,000.00. Following the sale, the director now directly owns 750,000 shares in the company, valued at approximately $9,750,000. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 29.00% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC bought a new stake in shares of Helios and Matheson Analytics during the 4th quarter valued at $155,000. Phoenix Investment Adviser LLC bought a new stake in shares of Helios and Matheson Analytics during the 3rd quarter valued at $584,000. Geode Capital Management LLC bought a new stake in shares of Helios and Matheson Analytics during the 4th quarter valued at $431,000. Finally, Hudson Bay Capital Management LP bought a new stake in shares of Helios and Matheson Analytics during the 4th quarter valued at $674,000. Institutional investors own 0.86% of the company’s stock.

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Helios and Matheson Analytics Company Profile

Helios and Matheson Analytics Inc is an information technology services company. The Company offers its clients a suite of services of predictive analytics with technology. The Company provides offerings in the areas of application value management, application development, integration, independent validation, infrastructure and information management, and analytics services.

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