OMNIQ Corp. (NASDAQ:OMQS) CFO Neev Nissenson Sells 3,288 Shares

OMNIQ Corp. (NASDAQ:OMQS – Get Rating) CFO Neev Nissenson sold 3,288 shares of OMNIQ stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $5.93, for a total value of $19,497.84. Following the completion of the transaction, the chief financial officer now owns 58,440 shares of the company’s stock, valued at $346,549.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Neev Nissenson also recently made the following trade(s):

• On Thursday, May 18th, Neev Nissenson sold 6,000 shares of OMNIQ stock. The stock was sold at an average price of $5.78, for a total value of $34,680.00.

OMNIQ Stock Down 5.4 %

Shares of OMQS opened at $5.76 on Tuesday. OMNIQ Corp. has a twelve month low of $3.80 and a twelve month high of $8.75. The stock has a market cap of $45.45 million, a PE ratio of -2.97 and a beta of 1.22. The business’s 50-day moving average price is $5.12 and its 200-day moving average price is $5.14.

OMNIQ (NASDAQ:OMQS – Get Rating) last posted its earnings results on Thursday, March 30th. The company reported ($0.53) earnings per share for the quarter. The company had revenue of $25.01 million for the quarter.

Institutional Investors Weigh In On OMNIQ

A number of institutional investors and hedge funds have recently made changes to their positions in OMQS. Vanguard Group Inc. grew its position in OMNIQ by 12.0% during the third quarter. Vanguard Group Inc. now owns 196,627 shares of the company’s stock worth $1,174,000 after buying an additional 21,027 shares in the last quarter. State Street Corp bought a new stake in shares of OMNIQ during the 2nd quarter valued at about $84,000. Northern Trust Corp purchased a new position in shares of OMNIQ during the second quarter worth about $56,000. Finally, Royal Bank of Canada bought a new position in shares of OMNIQ in the third quarter worth approximately $60,000. Hedge funds and other institutional investors own 4.84% of the company’s stock.

About OMNIQ

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OMNIQ Corp. engages in the provision of computerized and machine vision image processing solutions. It uses patented and proprietary AI technology to deliver data collection, real-time surveillance and monitoring for supply chain management, homeland security, public safety, traffic & parking management and access control applications.