Intellinetics, Inc. (OTCMKTS:INLX) Stock Holdings Increased by Bard Associates Inc.

Bard Associates Inc. boosted its stake in shares of Intellinetics, Inc. (OTCMKTS:INLX) by 4.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 115,668 shares of the company’s stock after purchasing an additional 5,101 shares during the period. Bard Associates Inc.’s holdings in Intellinetics were worth $1,590,000 at the end of the most recent reporting period.

Separately, Geode Capital Management LLC increased its position in Intellinetics by 34.8% in the 3rd quarter. Geode Capital Management LLC now owns 25,422 shares of the company’s stock worth $285,000 after purchasing an additional 6,563 shares during the last quarter. Institutional investors own 0.75% of the company’s stock.

Insider Buying and Selling

In related news, Director John C. Guttilla bought 3,500 shares of the business’s stock in a transaction on Thursday, December 5th. The shares were bought at an average cost of $14.50 per share, for a total transaction of $50,750.00. Following the completion of the acquisition, the director now directly owns 21,905 shares in the company, valued at approximately $317,622.50. This represents a 19.02 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 32.08% of the stock is currently owned by corporate insiders.

Intellinetics Stock Down 3.1 %

INLX opened at $11.76 on Tuesday. The company has a market capitalization of $49.76 million, a PE ratio of 78.41 and a beta of 0.39. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.89. Intellinetics, Inc. has a fifty-two week low of $5.85 and a fifty-two week high of $16.50. The business has a 50-day moving average of $13.05 and a 200-day moving average of $12.69.

Intellinetics Company Profile

Intellinetics, Inc designs, develops, tests, markets, and licenses document services and software solutions in the United States. The company operates in two segments, Document Management and Document Conversion. Its software platform allows its customers to capture and manage documents across operations, such as scanned hard-copy documents and digital documents, including Microsoft Office 365, digital images, audio, videos, and emails.