Insider Buying: Genius Brands International Inc (GNUS) CEO Purchases $25,425.00 in Stock

Genius Brands International Inc (OTCMKTS:GNUS) CEO Andrew A. Heyward purchased 7,500 shares of the business’s stock in a transaction that occurred on Monday, October 9th. The shares were purchased at an average price of $3.39 per share, for a total transaction of $25,425.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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A hedge fund recently raised its stake in Genius Brands International stock. Bard Associates Inc. boosted its position in shares of Genius Brands International Inc (OTCMKTS:GNUS) by 1.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 634,603 shares of the company’s stock after purchasing an additional 6,550 shares during the period. Genius Brands International makes up 1.0% of Bard Associates Inc.’s holdings, making the stock its 29th biggest holding. Bard Associates Inc.’s holdings in Genius Brands International were worth $2,170,000 at the end of the most recent quarter.

GNUS has been the topic of several analyst reports. Zacks Investment Research upgraded shares of Genius Brands International from a “hold” rating to a “buy” rating and set a $3.50 price target on the stock in a report on Wednesday, August 23rd. ValuEngine downgraded shares of Genius Brands International from a “sell” rating to a “strong sell” rating in a report on Monday, September 11th. Finally, Westpark Capital reiterated an “outperform” rating and set a $7.00 price target on shares of Genius Brands International in a report on Thursday, September 7th.

About Genius Brands International

Genius Brands International, Inc is a content and brand management company. The Company provides entertaining and enriching content and products with a purpose for toddlers to tweens. The Company produces original content and licenses the rights to that content to a range of partners. Its licensees include companies to which the audio-visual rights are licensed for exhibition in various formats, such as Pay Television, Free or Broadcast Television, video-on-demand (VOD), subscription on demand (SVOD) and digital video discs/compact discs (DVDs/CDs), and companies that develop and distribute products based on its content within different product categories, such as toys, electronics, publishing, home goods, stationary and gifts.

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