Filing To Observe: Why Emancipation Management Llc Reported Big Id Systems Inc Position?

Filing To Observe: Why Emancipation Management Llc Reported Big Id Systems Inc Position?

The New Emancipation Management Llc Holding in Id Systems Inc

Emancipation Management Llc filed with the SEC SC 13D/A form for Id Systems Inc. The form can be accessed here: 000090445416001574. As reported in Emancipation Management Llc’s form, the filler as of late owns 12.5% or 1,719,093 shares of the Information Technology–company.

Id Systems Inc stake is a new one for the and it was filed because of activity on November 14, 2016. We feel this shows Emancipation Management Llc’s positive view for the stock.

Id Systems Inc Institutional Sentiment

Latest Security and Exchange filings show 28 investors own Id Systems Inc. The institutional ownership in Q3 2015 is low, at 68.94% of the outstanding shares. This is increased by 4346671 the total institutional shares. 9479850 were the shares owned by these institutional investors. In total 2 funds opened new Id Systems Inc stakes, 11 increased stakes. There were 9 that closed positions and 6 reduced them.

Bard Associates Inc is an institutional investor bullish on Id Systems Inc, owning 151600 shares as of Q3 2015 for 0.28% of its portfolio. American Capital Management Inc owns 10300 shares or less than 0.01% of its portfolio. NY Diker Management Llc have 0.32% of their stock portfolio for 455661 shares. Further, Eidelman Virant Capital reported stake worth 0.53% of its US stock portfolio. The WY Cannell Capital Llc owns 904477 shares. Id Systems Inc is 1.09% of the manager’s US portfolio.

Business Profile

I.D. Systems, Inc. (I.D. Systems) develops, markets and sells wireless machine-to-machine solutions for managing and securing enterprise assets, which include industrial vehicles, such as forklifts and airport ground support equipment, rental vehicles, and transportation assets, such as dry van trailers, refrigerated trailers, railcars and containers. Its systems utilize radio frequency identification (RFID), wireless fidelity (Wi-Fi), satellite or cellular communications, and sensor technology and software to control, track, monitor and analyze assets. It provides data reporting and analysis software tool platform, I.D. Systems Analytics PowerFleet IQ (for fleets of forklifts and other industrial trucks) and VeriWise IQ (for fleets of containers, trailers and other transportation assets). Its solutions include industrial and rental fleet asset management, industrial fleet asset management, transportation asset management and rental fleet asset management solutions.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment increased to 0.78 in Q2 2016. Its up 0.28, from 0.5 in 2016Q1. The ratio increased, as 1 funds sold all I.D. Systems, Inc. shares owned while 8 reduced positions. 4 funds bought stakes while 3 increased positions. They now own 3.53 million shares or 19.89% less from 4.40 million shares in 2016Q1.

Connors Investor Inc has invested 0.04% of its portfolio in I.D. Systems, Inc. (NASDAQ:IDSY). Northern Trust has 0% invested in the company for 27,427 shares. Bard has 0.35% invested in the company for 137,650 shares. Cannell last reported 1.20M shares in the company. Moreover, Prentiss Smith has 0% invested in I.D. Systems, Inc. (NASDAQ:IDSY) for 100 shares. Hightower Advsr Ltd Liability Corp has 0.01% invested in the company for 105,000 shares. California Employees Retirement has invested 0% of its portfolio in I.D. Systems, Inc. (NASDAQ:IDSY). Walleye Trading Limited Liability Corp has 900 shares for 0% of their US portfolio. The New York-based Renaissance has invested 0% in I.D. Systems, Inc. (NASDAQ:IDSY). Dimensional Fund Ltd Partnership, a Texas-based fund reported 459,731 shares. Berson And Corrado Advsr Ltd Liability Co last reported 20,800 shares in the company. Price T Rowe Assoc Md holds 0% of its portfolio in I.D. Systems, Inc. (NASDAQ:IDSY) for 15,300 shares. Blackrock Investment Ltd Limited Liability Company last reported 0% of its portfolio in the stock. Blackrock Limited Liability Corp has 3,541 shares for 0% of their US portfolio. The New York-based Savings Bank Of Mellon Corp has invested 0% in I.D. Systems, Inc. (NASDAQ:IDSY).

Insider Transactions: Since June 6, 2016, the stock had 16 buys, and 0 sales for $1.27 million net activity. Shares for $600 were bought by MILLER LLOYD I III on Tuesday, June 7. Emancipation Management LLC also bought $257,500 worth of I.D. Systems, Inc. (NASDAQ:IDSY) shares.

The stock increased 0.21% or $0.01 on November 16, hitting $4.86. About 31,529 shares traded hands or 126.94% up from the average. I.D. Systems, Inc. (NASDAQ:IDSY) has declined 4.15% since April 14, 2016 and is downtrending. It has underperformed by 8.84% the S&P500.

I.D. Systems, Inc. develops, markets and sells wireless machine-to-machine solutions for managing and securing enterprise assets, which include industrial vehicles, such as forklifts and airport ground support equipment, rental vehicles, and transportation assets, such as dry van trailers, refrigerated trailers, railcars and containers. The company has a market cap of $65.75 million. The Company’s systems utilize radio frequency identification (RFID), wireless fidelity (Wi-Fi), satellite or cellular communications, and sensor technology and software to control, track, monitor and analyze assets. It currently has negative earnings. It provides data reporting and analysis software tool platform, I.D.

I.D. Systems, Inc. (NASDAQ:IDSY) Ratings Coverage

Out of 3 analysts covering I.D. Systems (NASDAQ:IDSY), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $9 is the highest target while $6.50 is the lowest. The $7.42 average target is 52.67% above today’s ($4.86) stock price. I.D. Systems has been the topic of 4 analyst reports since August 4, 2015 according to StockzIntelligence Inc. Dougherty & Company maintained I.D. Systems, Inc. (NASDAQ:IDSY) on Tuesday, August 4 with “Buy” rating. Cowen & Co maintained the shares of IDSY in a report on Tuesday, August 4 with “Outperform” rating. The firm has “Buy” rating by Lake Street given on Thursday, November 10. The firm has “Hold” rating by Zacks given on Friday, August 7.

According to Zacks Investment Research, “I.D. Systems Inc is a leading provider of wireless solutions for corporate asset management. I.D. Systems’ customers include 3M Company, American Axle, Archer Daniels Midland, Daimler Chrysler, Deere & Co., Ford Motor Company, General Dynamics, Hallmark Cards, Northrop Grumman, Target Corporation, Walgreen Co., the U.S. Navy, the U.S. Postal Service, and the U.S. Transportation Security Administration, among others. The company’s systems enable management to control and track the location and status of their assets in real time.”

IDSY Company Profile

I.D. Systems, Inc. (I.D. Systems), incorporated on August 24, 1993, develops, markets and sells wireless machine-to-machine (M2M) solutions for managing and securing enterprise assets, which include industrial vehicles, such as forklifts and airport ground support equipment, rental vehicles, and transportation assets, such as dry van trailers, refrigerated trailers, railcars and containers. The Company’s systems utilize radio frequency identification (RFID), wireless fidelity (Wi-Fi), satellite or cellular communications, and sensor technology and software to address the needs of organizations to control, track, monitor and analyze their assets. The Firm focused its business activities on various applications, such as industrial fleet management, transportation asset management and rental fleet management.

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