The stock of Professional Diversity Network Inc (NASDAQ:IPDN) is a huge mover today! About 78,602 shares traded hands or 746.82% up from the average. Professional Diversity Network Inc (NASDAQ:IPDN) has risen 91.76% since April 18, 2016 and is uptrending. It has outperformed by 87.33% the S&P500.
The move comes after 7 months positive chart setup for the $29.52M company. It was reported on Nov, 18 by Barchart.com. We have $20.07 PT which if reached, will make NASDAQ:IPDN worth $48.12M more.
Analysts await Professional Diversity Network Inc (NASDAQ:IPDN) to report earnings on November, 21. They expect $-0.07 earnings per share, up 79.41% or $0.27 from last year’s $-0.34 per share. After $-0.06 actual earnings per share reported by Professional Diversity Network Inc for the previous quarter, Wall Street now forecasts 16.67% negative EPS growth.
According to Zacks Investment Research, “Professional Diversity Network LLC develops and operates online networks serving diverse professionals in the United States. The Company is focused on Hispanic-American and African-American professionals and has launched additional Websites to other diverse segments. It offers job postings, resume database access, research services, career advice, advertisement opportunity and newsletter marketing. Professional Diversity Network LLC is based in Chicago, Illinois.”
Insitutional Activity: The institutional sentiment decreased to 0 in 2016 Q2. Its down 0.43, from 0.43 in 2016Q1. The ratio dived, as 3 funds sold all Professional Diversity Network Inc shares owned while 4 reduced positions. 2 funds bought stakes while 1 increased positions. They now own 1.79 million shares or 2.02% less from 1.82 million shares in 2016Q1.
Kcg has 46,192 shares for 0% of their US portfolio. Clear Harbor Asset Llc last reported 25,705 shares in the company. Citadel Advisors Limited Liability accumulated 0% or 12,342 shares. Moreover, California Public Employees Retirement has 0% invested in Professional Diversity Network Inc (NASDAQ:IPDN) for 50,000 shares. Susquehanna Int Gru Limited Liability Partnership reported 16,160 shares or 0% of all its holdings. Citigroup Inc has 0% invested in the company for 4,500 shares. Bard Associate Inc accumulated 46,775 shares or 0.01% of the stock. Bank & Trust Of America De last reported 0% of its portfolio in the stock. North Star Investment last reported 0.12% of its portfolio in the stock.
More notable recent Professional Diversity Network Inc (NASDAQ:IPDN) news were published by: Globenewswire.com which released: “Professional Diversity Network Announces Third Quarter 2016 Financial Results” on November 15, 2016, also Marketwatch.com with their article: “Professional Diversity Network Inc.” published on March 07, 2013, Globenewswire.com published: “Professional Diversity Network, Inc. Announces Working Capital Line and …” on July 06, 2016. More interesting news about Professional Diversity Network Inc (NASDAQ:IPDN) were released by: Globenewswire.com and their article: “Professional Diversity Network, Inc. Announces New Federal Partnership” published on July 13, 2016 as well as Globenewswire.com‘s news article titled: “Professional Diversity Network, Inc. Announces Stock Buyback” with publication date: October 08, 2015.
IPDN Company Profile
Professional Diversity Network, Inc., incorporated on January 31, 2012, is an operator of professional networks with a focus on diversity. The Firm serves various communities, including Women, Hispanic-Americans, African-Americans, Asian-Americans, Disabled, Military Professionals, and Lesbian, Gay, Bisexual and Transgender (LGBT). The Company’s divisions include Professional Diversity Network (PDN Network), which includes online professional networking communities with career resources for the needs of various diverse cultural groups; National Association of Professional Women (NAPW Network), a women-only professional networking organization, and Noble Voice activities (Noble Voice), a career consultation and lead generation service.
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