Cwa Asset Management Group Lowers stake in Iteris Inc (ITI)

Iteris Inc (ITI) : Cwa Asset Management Group reduced its stake in Iteris Inc by 0.01% during the most recent quarter end. The investment management company now holds a total of 1,778,049 shares of Iteris Inc which is valued at $5,920,903 after selling 100 shares in Iteris Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Iteris Inc makes up approximately 3.46% of Cwa Asset Management Group’s portfolio.

Other Hedge Funds, Including , Perritt Capital Management Inc reduced its stake in ITI by selling 25,928 shares or 11.48% in the most recent quarter. The Hedge Fund company now holds 200,000 shares of ITI which is valued at $666,000. Iteris Inc makes up approx 0.15% of Perritt Capital Management Inc’s portfolio.Blackrock Institutional Trust Company N.a. reduced its stake in ITI by selling 8,974 shares or 1.22% in the most recent quarter. The Hedge Fund company now holds 727,459 shares of ITI which is valued at $2,422,438.

Iteris Inc opened for trading at $3.59 and hit $3.68 on the upside on Thursday, eventually ending the session at $3.66, with a gain of 3.39% or 0.12 points. The heightened volatility saw the trading volume jump to 45,939 shares. Company has a market cap of $117 M.

Iteris Inc. is a provider of information solutions for the intelligent traffic systems (ITS) and the precision agriculture markets. The Company operates through three segments: Roadway Sensors Transportation Systems and Performance Analytics. The Roadway Sensors segment products include Vantage Vantage Vector VantageView SmartCycle and vehicle detection systems for traffic intersection control incident detection and highway traffic data collection applications. The Transportation Systems segment includes transportation engineering and consulting services and the development of transportation management and traveler information systems. The Performance Analytics segment includes ClearAg its precision agriculture solution; iPeMS its transportation performance measurement solution which provides big data and software analytics solutions and ClearPath Weather its road-maintenance application which provides maintenance and treatment recommendation for road networks.

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