Bard Associates Inc. Grows Stock Holdings in Intellinetics, Inc. $INLX

Bard Associates Inc. raised its position in shares of Intellinetics, Inc. (NYSEAMERICAN:INLX) by 51.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 332,447 shares of the company’s stock after buying an additional 112,778 shares during the period. Bard Associates Inc. owned about 7.42% of Intellinetics worth $2,652,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Essex Financial Services Inc. purchased a new position in shares of Intellinetics during the fourth quarter worth $90,000. Hedge funds and other institutional investors own 0.75% of the company’s stock.

Intellinetics Trading Down 1.8%

INLX opened at $5.40 on Friday. Intellinetics, Inc. has a 52 week low of $5.25 and a 52 week high of $14.57. The business has a fifty day simple moving average of $6.89 and a 200-day simple moving average of $7.59. The firm has a market cap of $24.25 million, a P/E ratio of -10.19 and a beta of 0.16. The company has a quick ratio of 0.87, a current ratio of 0.90 and a debt-to-equity ratio of 0.01.

Intellinetics (NYSEAMERICAN:INLX) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.22). The firm had revenue of $3.91 million for the quarter, compared to analysts’ expectations of $4.55 million. Intellinetics had a negative return on equity of 16.89% and a negative net margin of 14.31%.

Intellinetics Profile

Intellinetics, Inc is a provider of enterprise content management and digital transformation solutions designed to help organizations streamline document-centric processes and improve operational efficiency. The company’s platform enables clients to capture, store, manage and retrieve both paper and electronic records through a unified system, reducing reliance on manual workflows and minimizing the risks associated with paper-based information handling.

The company offers a range of software products and professional services aimed at automating business processes and ensuring secure, compliant access to critical data.