Perkins Capital Management Inc. acquired a new position in shares of CynergisTek Inc (NYSEAMERICAN:CTEK) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 25,000 shares of the company’s stock, valued at approximately $124,000. Perkins Capital Management Inc. owned 0.26% of CynergisTek at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Acadian Asset Management LLC acquired a new position in CynergisTek in the fourth quarter valued at about $27,000. Csenge Advisory Group acquired a new position in CynergisTek in the third quarter valued at about $62,000. ClariVest Asset Management LLC acquired a new position in CynergisTek in the fourth quarter valued at about $71,000. Vanguard Group Inc. raised its stake in CynergisTek by 30.2% during the third quarter. Vanguard Group Inc. now owns 98,036 shares of the company’s stock worth $377,000 after acquiring an additional 22,722 shares in the last quarter. Finally, Vanguard Group Inc raised its stake in CynergisTek by 30.2% during the third quarter. Vanguard Group Inc now owns 98,036 shares of the company’s stock worth $377,000 after acquiring an additional 22,722 shares in the last quarter.
Several brokerages have commented on CTEK. B. Riley reissued a “buy” rating on shares of CynergisTek in a research note on Tuesday, April 2nd. Zacks Investment Research downgraded CynergisTek from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 9th.
NYSEAMERICAN:CTEK opened at $4.78 on Wednesday. CynergisTek Inc has a 1-year low of $3.23 and a 1-year high of $5.00.
CynergisTek (NYSEAMERICAN:CTEK) last released its quarterly earnings results on Wednesday, March 27th. The company reported $0.30 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.15. The firm had revenue of $18.57 million for the quarter, compared to the consensus estimate of $19.50 million.
CynergisTek Profile
Cynergistek, Inc provides outsourced document solutions, IT consulting data security, and managed print services primarily to the healthcare industry in the United States. The company offers Incident Response, Vendor Security Management, and Patient Privacy Monitoring Service, as well as Compliance Assist Partner Program.