Monday, March 25, 2019
Information Services Group (III)
What Are Recent Management Actions Indicating?
Information Services Group (ISG) (III) is a leading technology insights, market intelligence and advisory services company, serving more than 500 clients around the world to help them achieve operational excellence. ISG supports private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services, with a focus on information technology, business process transformation, program management services and enterprise resource planning.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to full report for price target, fundamental analysis and rating.
- Stepping into the market. In
a flurry of Form 4 filings, the top 3 III executives added to their already
substantial stock holdings through the purchase of III shares on the open
market. In total, CEO Michael Connors added 40,000 shares at prices in the
$3.70-$3.73 range, CFO David Berger added 2,050 in the $3.67-$3.79 range, and
Vice Chairman Todd Lavieri added 13,500 in the $3.69-$3.79 range. - It’s been awhile. Friday’s
Form 4 filings were the first open market purchases by CEO Connors since August
2017, when Mr. Connors added 13,514 shares over a series of purchases in the
$3.60-$3.70 range. Mr. Lavieri has a very limited Form 4 filing history, while
it would appear this is the first open mar…
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