The EC of Cogint Inc (NASDAQ: COGT) is Buying Shares

By Carrie Williams

Yesterday, the EC of Cogint Inc (NASDAQ: COGT), Michael Brauser, bought shares of COGT for $40.79K.

Based on Cogint Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $57.25 million and GAAP net loss of $14.1 million. In comparison, last year the company earned revenue of $52.18 million and had a GAAP net loss of $9.74 million. The company has a one-year high of $6.30 and a one-year low of $3.05. Currently, Cogint Inc has an average volume of 148.7K.

Starting in January 2016, COGT received 9 Buy ratings in a row. Three different firms, including Barrington and Chardan Capital, currently also have a Buy rating on the stock.

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Cogint, Inc. is a data and analytics company providing information and marketing solutions to businesses in a variety of industries. Through proprietary technology and a massive data repository, their data and analytical solutions harness the power of data fusion, uncovering the relevance of disparate data points and converting them into comprehensive and insightful views of people, businesses, assets and their interrelationships. It serves the risk management and the consumer marketing industries through its consolidated subsidiaries Interactive Data, LLC and Fluent LLC, respectively. Interactive Data provides information solutions to a broad and diverse set of industries including financial services, insurance, healthcare, corporate risk, law enforcement, government, collections, retail and legal, for purposes including identity verification, location, due diligence, risk management, prevention and detection of fraud and abuse, legislative compliance and debt recovery. Fluent provides people based, digital marketing solutions to leading consumer brands and direct marketers utilizing Fluent’s proprietary audience data and technology to enable marketers to acquire their best customers, with precision, at a massive scale. The company was founded in 2005 and is headquartered in Boca Raton, FL.