Insider-BuyingNews: IDI, Inc. (IDI)January 13, 2016 | By Fluent
Publication date 1/13/16
IDI, Inc. (NYSEMKT:IDI) insider has recently participated in insider trading activity. Director, FROST PHILLIP MD ET AL bought 20,000 shares for $ 119,654 via one transaction Jan 08. Following the transaction, the insider now owns 4,891,615 shares in total, priced at $26903882.5 as of Tuesday. Another notable insider trading was done by the same insider on Sep 30. FROST PHILLIP MD ET AL acquired 2,100 shares at an average price of $5.77 for a total of $12,121. Moreover, Solomon Aaron carried out a bought of 250 shares at $6.06 each on Jan 08. The transaction amounted to $1,515. Executive Chairman Brauser Michael bought 5,000 shares for $31,573through one transaction Jan 07. Following this sale, this insider’s stake in the company comprises 5,000shares, priced at $27500 as of Tuesday.
The stock has experienced a total of 4 insider trades in the past three months. These trades include zero sell activities and 4 buy trades. Furthermore, over the past 12 months, the stock was traded 30 times by insiders. In zero of these trades, the insider was a seller while an employee of the company was the buyer in just thirty instances.
IDI, Inc. (IDI) on January 6, 2016 announced the achievement of a host of key milestones in 2015 on the heels of its recent acquisition by IDI, Inc. (NYSE MKT: IDI), an information solutions provider in the multi-billion dollar data fusion market. Following an outstanding 2015, Fluent intends to further accelerate its leadership in the people-based digital marketing industry as it rolls out an aggressive product roadmap and strategic growth plan.
In another news on December 21, 2015 announced that it is in the process of releasing its beta version of idiCORE™ to select customers. Built upon a cloud-based infrastructure, advanced systems architecture, a massive data repository, and proprietary linking technology, IDI’s advanced data analytics platform creates actionable intelligence from disparate data.
Designed to be data and industry agnostic, idiCORE’s initial applications will be in support of the risk management industry’s rapidly growing need for fast, accurate, and cost-effective information solutions to power due diligence efforts, risk assessment, fraud detection and prevention, authentication, and more. The release of idiCORE is expected to rapidly accelerate the company’s growth into additional segments of the market, including government, financial services, law enforcement, insurance, and corporate risk. Additionally, IDI’s cross-functional platform ingests and fuses demographic, behavioral, ethnographic and other relevant data in support of the consumer marketing industry.
IDI, Inc., through its subsidiaries, operates as an information solutions provider focused on the data-fusion market. It provides data solutions and services to the accounts receivable management (ARM) industry for location and identity verification, legislative compliance, and debt recovery, as well as focuses on the risk management market, including expansion into Fair Credit Reporting Act (FCRA) regulated data, non-regulated data, and marketing and data analytics. The companys cross-functional core systems and processes are designed to deliver a level of clarity into consumer data to support marketing analytics. Its solutions include idiBASIC, which offers verification and location information to all credentialed companies that have a permissible use to access such data; idiVERIFIED that provides a risk-free solution to support collection professionals in recovering dormant judgments; and batch processing solutions. In addition, the company provides advertising services in the out-of-home advertising industry, including iScreen Outdoor LCD screens and billboards. It serves various industries, including agencies and law firms, financial, government agencies, law enforcement, debt buyers, corporate risk, insurance and healthcare, attorneys, class action administration, employment and tenant screening, payment processors, private investigators, process servers, repossession, bail bonds, real estate, and universities and schools. The company was formerly known as Tiger Media, Inc. and changed its name to IDI, Inc. in April 2015. IDI, Inc. was founded in 2005 and is based in Boca Raton, Florida.