IterisITI
Market Cap: $303M
About: Iteris Inc is a provider of smart mobility infrastructure management solutions. Its solutions include traveler information systems, transportation performance measurement software, traffic analytics software, transportation operations software, transportation-related data sets, advanced sensing devices, managed services, traffic engineering services, and mobility consulting services. The company's cloud-enabled end-to-end solutions help public transportation agencies, municipalities, commercial entities and other transportation infrastructure providers monitor, visualize, and optimize mobility infrastructure to make mobility safe, efficient,and sustainable for everyone. The software solutions include ClearGuide, ClearRoute, Commercial Vehicle Operations, BlueArgus, TrafficCarma,and others.
Employees: 472
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
60% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 25
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
2% more funds holding
Funds holding: 98 [Q1] → 100 (+2) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
0.56% less ownership
Funds ownership: 50.83% [Q1] → 50.27% (-0.56%) [Q2]
13% less capital invested
Capital invested by funds: $108M [Q1] → $93.6M (-$14.2M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
B. Riley Securities Jeff Van Sinderen 36% 1-year accuracy 8 / 22 met price target | 2%upside $7.20 | Neutral Downgraded | 21 Aug 2024 |
EF Hutton Tim Moore 26% 1-year accuracy 14 / 53 met price target | 1%downside $7 | Buy Maintained | 14 Jun 2024 |
Financial journalist opinion
Based on 8 articles about ITI published over the past 30 days