Intellinetics director John C. Guttilla buys $36,000 in common stock

Published 02/04/2025, 01:10
Intellinetics director John C. Guttilla buys $36,000 in common stock

In a recent transaction, John C. Guttilla, a director at Intellinetics, Inc. (OTC:INLX), acquired 3,000 shares of the company’s common stock. The purchase, executed on March 28, 2025, was made at a price of $12.00 per share, amounting to a total value of $36,000. The stock has since risen to $14.21, reflecting strong market performance with a 110% gain over the past year. According to InvestingPro analysis, the stock is currently trading above its Fair Value.

Following this transaction, Guttilla’s direct ownership in Intellinetics increased to 24,905 shares. The acquisition underscores Guttilla’s continued confidence in the company’s prospects. Intellinetics, based in Columbus (WA:CLC), Ohio, specializes in prepackaged software services. With a market capitalization of $53 million and an overall "GOOD" Financial Health rating from InvestingPro, the company has caught analysts’ attention with a price target of $17.50, suggesting potential upside. Discover more insights and 8 additional ProTips with an InvestingPro subscription.

In other recent news, Intellinetics Inc. reported its fourth-quarter 2024 earnings, surpassing expectations with an earnings per share (EPS) of -$0.01, compared to the forecasted -$0.06. The company’s revenue also exceeded projections, reaching $4.28 million against a $4.26 million forecast. Intellinetics achieved a 2.1% year-over-year revenue growth, driven by an 11.8% increase in SaaS revenue. Despite these positive results, the company reported a full-year net loss of $546,000, contrasting with a net income of $519,000 in 2023. The company plans to invest heavily in sales and marketing, which is expected to impact future EBITDA. Analysts from Tagus Brothers noted the company’s smooth transition and the strategic importance of its payables automation solution. Intellinetics aims to accelerate SaaS revenue growth over the next few years, focusing on the K-12 and homebuilder markets. The company also highlighted its strong operational performance, with a consolidated gross margin of 65.8% in Q4.

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