Usio, Inc. (NASDAQ:USIO) Director Michael R. Long Sells 5,793 Shares

Usio, Inc. (NASDAQ:USIO) Director Michael R. Long sold 5,793 shares of the business’s stock in a transaction that occurred on Friday, August 27th. The shares were sold at an average price of $5.57, for a total value of $32,267.01. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Michael R. Long also recently made the following trade(s):

  • On Monday, August 16th, Michael R. Long sold 2,000 shares of Usio stock. The stock was sold at an average price of $5.55, for a total value of $11,100.00.
  • On Monday, August 30th, Michael R. Long sold 2,000 shares of Usio stock. The shares were sold at an average price of $5.70, for a total value of $11,400.00.
  • On Wednesday, August 4th, Michael R. Long sold 2,502 shares of Usio stock. The shares were sold at an average price of $5.60, for a total value of $14,011.20.
  • On Monday, August 2nd, Michael R. Long sold 2,000 shares of Usio stock. The stock was sold at an average price of $5.65, for a total value of $11,300.00.
  • On Wednesday, July 21st, Michael R. Long sold 2,000 shares of Usio stock. The shares were sold at an average price of $5.79, for a total value of $11,580.00.
  • On Monday, July 12th, Michael R. Long sold 2,000 shares of Usio stock. The stock was sold at an average price of $6.06, for a total value of $12,120.00.
  • On Thursday, July 8th, Michael R. Long sold 2,000 shares of Usio stock. The shares were sold at an average price of $5.98, for a total value of $11,960.00.
  • On Tuesday, July 6th, Michael R. Long sold 2,000 shares of Usio stock. The shares were sold at an average price of $5.92, for a total value of $11,840.00.

Usio stock opened at $6.20 on Wednesday. The firm has a market cap of $154.56 million, a price-to-earnings ratio of -77.50 and a beta of 1.73. The stock has a fifty day simple moving average of $5.75 and a two-hundred day simple moving average of $6.04. Usio, Inc. has a 12 month low of $1.40 and a 12 month high of $8.19. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.01.

Usio (NASDAQ:USIO) last posted its earnings results on Thursday, August 12th. The company reported $0.01 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.04. Usio had a negative return on equity of 12.86% and a negative net margin of 2.78%. On average, equities research analysts forecast that Usio, Inc. will post -0.04 EPS for the current fiscal year.

Institutional investors have recently bought and sold shares of the business. LPL Financial LLC bought a new stake in shares of Usio in the second quarter worth $64,000. Thompson Siegel & Walmsley LLC bought a new stake in shares of Usio in the first quarter worth $99,000. Millennium Management LLC bought a new stake in shares of Usio in the first quarter worth $126,000. State Street Corp bought a new stake in shares of Usio in the second quarter worth $165,000. Finally, Citadel Advisors LLC grew its holdings in shares of Usio by 26.7% in the first quarter. Citadel Advisors LLC now owns 29,474 shares of the company’s stock worth $189,000 after acquiring an additional 6,220 shares during the period. 18.90% of the stock is owned by institutional investors and hedge funds.

Separately, Zacks Investment Research upgraded Usio from a “hold” rating to a “buy” rating and set a $5.75 price objective for the company in a research note on Wednesday, August 25th.

Usio Company Profile

USIO, Inc engages in providing integrated payment solutions. Its solutions include payment facilitation, merchant services, payment solutions, card issuing, check printing, electronic bill presentment & payment, and printing and mailing. The company offers services to software companies, merchants, billers, banks, service bureaus and card issuers.

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Insider Buying and Selling by Quarter for Usio (NASDAQ:USIO)

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