Usio, Inc. (NASDAQ:USIO) Director Michael R. Long Sells 2,000 Shares

Usio, Inc. (NASDAQ:USIO) Director Michael R. Long sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, October 25th. The shares were sold at an average price of $5.90, for a total value of $11,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Michael R. Long also recently made the following trade(s):

  • On Wednesday, August 18th, Michael R. Long sold 207 shares of Usio stock. The shares were sold at an average price of $5.55, for a total value of $1,148.85.
  • On Monday, August 16th, Michael R. Long sold 2,000 shares of Usio stock. The shares were sold at an average price of $5.55, for a total value of $11,100.00.
  • On Monday, August 30th, Michael R. Long sold 2,000 shares of Usio stock. The shares were sold at an average price of $5.70, for a total value of $11,400.00.
  • On Wednesday, August 4th, Michael R. Long sold 2,502 shares of Usio stock. The stock was sold at an average price of $5.60, for a total value of $14,011.20.
  • On Monday, August 2nd, Michael R. Long sold 2,000 shares of Usio stock. The shares were sold at an average price of $5.65, for a total value of $11,300.00.

NASDAQ USIO opened at $5.84 on Thursday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.01. Usio, Inc. has a 52-week low of $1.45 and a 52-week high of $8.19. The business’s 50-day moving average price is $5.88 and its 200 day moving average price is $6.02. The firm has a market cap of $145.59 million, a P/E ratio of -73.00 and a beta of 1.73.

Usio (NASDAQ:USIO) last released its quarterly earnings results on Thursday, August 12th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.04. Usio had a negative return on equity of 12.86% and a negative net margin of 2.78%. The firm had revenue of $15.23 million for the quarter, compared to analyst estimates of $13.50 million. As a group, analysts anticipate that Usio, Inc. will post -0.04 earnings per share for the current year.

Separately, Zacks Investment Research lowered Usio from a “buy” rating to a “hold” rating in a report on Thursday, October 21st.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hillsdale Investment Management Inc. purchased a new position in shares of Usio during the third quarter worth about $949,000. Virtu Financial LLC acquired a new stake in Usio in the second quarter valued at about $78,000. Morgan Stanley lifted its position in Usio by 7.5% in the second quarter. Morgan Stanley now owns 139,213 shares of the company’s stock valued at $891,000 after purchasing an additional 9,733 shares during the period. Citadel Advisors LLC lifted its position in Usio by 19.8% in the second quarter. Citadel Advisors LLC now owns 35,312 shares of the company’s stock valued at $226,000 after purchasing an additional 5,838 shares during the period. Finally, State Street Corp acquired a new stake in Usio in the second quarter valued at about $165,000. 18.90% of the stock is currently owned by hedge funds and other institutional investors.

About Usio

USIO, Inc engages in providing integrated payment solutions. Its solutions include payment facilitation, merchant services, payment solutions, card issuing, check printing, electronic bill presentment & payment, and printing and mailing. The company offers services to software companies, merchants, billers, banks, service bureaus and card issuers.

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Insider Buying and Selling by Quarter for Usio (NASDAQ:USIO)

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