Stock Mover of the Day: Intricon Corp (NASDAQ:IIN) Institutional Investors Quarterly Sentiment

November 17, 2016 - By Nellie Frank   ·   0 Comments

Stock Mover of the Day: Intricon Corp (NASDAQ:IIN) Institutional Investors Quarterly Sentiment

Sentiment for Intricon Corp (NASDAQ:IIN)

Intricon Corp (NASDAQ:IIN) institutional sentiment increased to 3 in Q2 2016. Its up 2.43, from 0.57 in 2016Q1. The ratio is positive, as 12 investment managers started new or increased equity positions, while 4 decreased and sold positions in Intricon Corp. The investment managers in our partner’s database now own: 1.57 million shares, up from 834,086 shares in 2016Q1. Also, the number of investment managers holding Intricon Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 3 Increased: 4 New Position: 8.

IntriCon Corporation is engaged in designing, developing, engineering, manufacturing and distributing body-worn devices. The company has a market cap of $41.82 million. The Firm operates through body-worn device segment. It currently has negative earnings. The Firm serves the body-worn device market by designing, developing, engineering and manufacturing micro-miniature products, microelectronics, micro-mechanical assemblies, complete assemblies and software solutions, primarily for the value hearing health market, the medical bio-telemetry market and the professional audio communication market.

About 100 shares traded hands. IntriCon Corporation (NASDAQ:IIN) has declined 8.68% since April 15, 2016 and is downtrending. It has underperformed by 13.30% the S&P500.

According to Zacks Investment Research, “IntriCon designs, develops, engineers and manufactures microminiaturized medical and electronic products. The Company supplies microminiaturized components, systems and molded plastic parts, primarily to the hearing instrument manufacturing industry, as well as the computer, government, electronics, telecommunications and medical equipment industries. The Company has facilities in the United States, Asia and Europe.”

1492 Capital Management Llc holds 0.29% of its portfolio in IntriCon Corporation for 60,241 shares. Heartland Advisors Inc owns 400,000 shares or 0.12% of their US portfolio. Moreover, Perritt Capital Management Inc has 0.12% invested in the company for 85,000 shares. The Illinois-based Bard Associates Inc has invested 0.11% in the stock. Teton Advisors Inc., a New York-based fund reported 179,234 shares.#img1#

IIN Company Profile

IntriCon Corporation, incorporated on June 24, 1930, is engaged in designing, developing, engineering, manufacturing and distributing body-worn devices. The Firm operates through body-worn device segment. The Firm serves the body-worn device market by designing, developing, engineering and manufacturing micro-miniature products, microelectronics, micro-mechanical assemblies, complete assemblies and software solutions, primarily for the value hearing health market, the medical bio-telemetry market and the professional audio communication market. The Firm has facilities in Minnesota, California, Singapore, Indonesia, the United Kingdom and Germany, and operates through its subsidiaries. The Company’s product offering includes a hearing aid discount program for health plans. This program is available around the nation to health insurers, including employer-sponsored, individual and Medicare plans. The Firm also has various international value hearing aid (VHA) initiatives. In the medical bio-telemetry market, the Company is focused on sales of bio-telemetry devices for life-critical diagnostic monitoring. Using its nanoDSP and BodyNet technology platforms, the Company makes microelectronics, micro-mechanical assemblies, high-precision injection-molded plastic components and bio-telemetry devices for medical device manufacturers.

More notable recent IntriCon Corporation (NASDAQ:IIN) news were published by: Streetinsider.com which released: “Intricon Corporation (IIN) Takes Minority Stake in Hearing Help Express” on November 14, 2016, also Startribune.com with their article: “IntriCon Corp. acquires London-based PC Werth” published on November 03, 2015, Businesswire.com published: “IntriCon and The Academy of Doctors of Audiology Announce Joint Venture” on September 14, 2015. More interesting news about IntriCon Corporation (NASDAQ:IIN) were released by: Businesswire.com and their article: “IntriCon Endorses FDA’s Efforts to Improve Hearing Aid Use and Innovation” published on January 11, 2016 as well as Businesswire.com‘s news article titled: “IntriCon Appoints New Independent Director” with publication date: April 06, 2016.

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By Nellie Frank


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