Inter & Co, Inc. (NASDAQ:INTR) Shares Gap Up to $2.25

Shares of Inter & Co, Inc. (NASDAQ:INTRGet Rating) gapped up before the market opened on Tuesday . The stock had previously closed at 2.25, but opened at 2.32. Inter & Co, Inc. shares last traded at 2.32, with a volume of 32 shares traded.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded Inter & Co, Inc. from a “sell” rating to a “neutral” rating and increased their price objective for the stock from $3.90 to $5.00 in a research report on Tuesday, September 6th.

Inter & Co, Inc. Price Performance

The firm has a fifty day simple moving average of 3.06.

Inter & Co, Inc. (NASDAQ:INTRGet Rating) last released its quarterly earnings data on Tuesday, November 8th. The company reported -0.01 earnings per share for the quarter, missing the consensus estimate of 0.04 by -0.05. The company had revenue of 162.33 million during the quarter, compared to analyst estimates of 176.25 million. On average, equities research analysts anticipate that Inter & Co, Inc. will post 0.12 EPS for the current year.

Institutional Trading of Inter & Co, Inc.

Several large investors have recently bought and sold shares of the business. Bayesian Capital Management LP acquired a new stake in Inter & Co, Inc. in the third quarter valued at about $35,000. SPX Gestao de Recursos Ltda acquired a new stake in Inter & Co, Inc. in the third quarter valued at about $228,000. Phoenician Capital LLC boosted its stake in Inter & Co, Inc. by 7.9% in the third quarter. Phoenician Capital LLC now owns 1,536,608 shares of the company’s stock valued at $5,009,000 after buying an additional 112,242 shares in the last quarter. Jane Street Group LLC acquired a new stake in Inter & Co, Inc. in the second quarter valued at about $349,000. Finally, BTG Pactual Global Asset Management Ltd acquired a new stake in Inter & Co, Inc. in the third quarter valued at about $2,089,000. 30.39% of the stock is owned by institutional investors and hedge funds.

Inter & Co, Inc. Company Profile

(Get Rating)

Inter & Co, Inc, through its subsidiaries, engages in the banking, securities, insurance brokerage, marketplace, asset management, and services businesses. The company's Banking segment offers banking products and services, including checking accounts, cards, deposits, loans and advances, and other services.

See Also

Receive News & Ratings for Inter & Co Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inter & Co Inc. and related companies with MarketBeat.com's FREE daily email newsletter.