Bard Associates Inc. Grows Stock Holdings in Inuvo, Inc. (NYSE:INUV)

Bard Associates Inc. lifted its stake in shares of Inuvo, Inc. (NYSE:INUV) by 7.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,234,177 shares of the company’s stock after buying an additional 279,100 shares during the quarter. Bard Associates Inc.’s holdings in Inuvo were worth $1,044,000 as of its most recent filing with the SEC.

Separately, Vanguard Group Inc. increased its position in Inuvo by 0.8% in the first quarter. Vanguard Group Inc. now owns 5,495,657 shares of the company’s stock worth $1,874,000 after buying an additional 46,290 shares during the period. 29.36% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on INUV shares. Maxim Group upgraded Inuvo to a “strong-buy” rating in a research report on Friday, November 8th. StockNews.com started coverage on Inuvo in a report on Friday, November 8th. They issued a “hold” rating for the company.

Inuvo Stock Performance

NYSE:INUV opened at $0.20 on Friday. The stock’s 50 day moving average price is $0.25 and its 200 day moving average price is $0.27. Inuvo, Inc. has a 52 week low of $0.20 and a 52 week high of $0.57.

Inuvo Profile

Inuvo, Inc engages in the advertising technology and services business primarily in the United States. It sells information technology solutions to brands, agencies, and large consolidators of advertising demand (platforms). Its platforms optimize the purchase and placement of advertising in real time.