IronNet, Inc. (NYSE:IRNT) Director Michael J. Rogers bought 13,297 shares of IronNet stock in a transaction that occurred on Friday, January 14th. The shares were acquired at an average cost of $3.50 per share, for a total transaction of $46,539.50. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.
NYSE:IRNT opened at $3.46 on Friday. The stock has a 50-day moving average of $6.96. IronNet, Inc. has a 12 month low of $3.22 and a 12 month high of $47.50.
IronNet (NYSE:IRNT) last posted its earnings results on Wednesday, December 15th. The company reported ($0.24) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.13) by ($0.11). The firm had revenue of $6.91 million for the quarter, compared to analysts’ expectations of $13.45 million. As a group, research analysts predict that IronNet, Inc. will post -3.28 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. KPCB DGF II Associates LLC purchased a new position in IronNet in the third quarter worth about $102,334,000. Capital Research Global Investors bought a new stake in IronNet during the third quarter valued at approximately $64,236,000. Temasek Holdings Private Ltd bought a new stake in IronNet during the third quarter valued at approximately $47,601,000. Athanor Capital LP bought a new stake in IronNet during the third quarter valued at approximately $15,220,000. Finally, Phoenix Holdings Ltd. bought a new stake in IronNet during the third quarter valued at approximately $17,050,000. 59.98% of the stock is owned by institutional investors.
IronNet Cybersecurity Inc provides cybersecurity by delivering collective defense platform. IronNet Cybersecurity Inc, formerly known as LGL Systems Acquisition Corp., is based in RENO, NV.
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