Top investors say Inpixon (INPX) ticks everything they need

Inpixon (NASDAQ: INPX) stock jumped 6.12% on Tuesday to $1.56 against a previous-day closing price of $1.47. With 18.59 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.52 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $1.7400 whereas the lowest price it dropped to was $1.5100. The 52-week range on INPX shows that it touched its highest point at $36.51 and its lowest point at $1.39 during that stretch. Beta for the stock currently stands at 0.96.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of INPX was down-trending over the past week, with a drop of -7.14%, but this was down by -10.86% over a month. Three-month performance dropped to -57.72% while six-month performance fell -85.66%. The stock lost -95.33% in the past year, while it has lost -8.24% so far this year.

Float and Shares Shorts:

At present, 3.24 million INPX shares are outstanding with a float of 3.09 million shares on hand for trading. On Dec 29, 2022, short shares totaled 43970.0, which was 1.36% higher than short shares on Nov 29, 2022. In addition to Mr. Nadir Ali as the firm’s CEO & Director, Ms. Wendy Loundermon serves as its CFO, Sec. & Director.

Institutional Ownership:

Through their ownership of 4.05% of INPX’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 2.44% of INPX, in contrast to 1.50% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in INPX with 2.32% of the stake, The Vanguard Group, Inc. holds 75,252 shares worth 75,252. A second-largest stockholder of INPX, Geode Capital Management LLC, holds 13,735 shares, controlling over 0.42% of the firm’s shares. BlackRock Fund Advisors is the third largest shareholder in INPX, holding 13,063 shares or 0.40% stake. With a 0.80% stake in INPX, the Vanguard Extended Market Index Fu is the largest stakeholder. A total of 25,746 shares are owned by the mutual fund manager. The Fidelity Extended Market Index Fu, which owns about 0.28% of INPX stock, is the second-largest Mutual Fund holder. It holds 8,957 shares valued at 15227.0. Vanguard Total Stock Market Index holds 0.20% of the stake in INPX, owning 6,333 shares worth 10766.0.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Sep 29, 2022, INPX reported revenue of $4.72M and operating income of -$12.17M. The EBITDA in the recently reported quarter was -$2.65M and diluted EPS was -$12.00.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for INPX since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With INPX analysts setting a high price target of $900,004.00 and a low target of $900,004.00, the average target price over the next 12 months is $900,004.00. Based on these targets, INPX could surge 57692464.1% to reach the target high and rise by 57692464.1% to reach the target low. Reaching the average price target will result in a growth of 57692464.1% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. INPX will report FY 2017 earnings on 03/08/2024. Analysts have provided yearly estimates in a range of -$5400024.00 being high and -$5400024.00 being low. For INPX, this leads to a yearly average estimate of -$5400024.00. Based on analyst estimates, the high estimate for the next quarter is -$684003.00 and the low estimate is -$684003.00. The average estimate for the next quarter is thus -$684003.00.

Summary of Insider Activity:

Insiders traded INPX stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.

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