One Horizon Group, Inc. (OHGI) loses confidence of 1 hedge fund managers

One Horizon Group, Inc. (NASDAQ:OHGI) is on recovery track with 107.02% gain from a 1-year low price of $0.57. The company lost -13.81% to attain the price of $1.18 on 02/12/2018. Throughout the recent session, the prices were hovering between $1.05 and $1.54. These shares are 326.27% off its target price of $5.03 and the current market capitalization stands at $36.89M. The recent change has given its price a -28.19% deficit over SMA 50 and -65.09% deficit over its 52-week high. The stock witnessed -26.25% declines, -13.87% declines and 55.26% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found OHGI’s volatility during a week at 31.56% and during a month it has been found around 17.07%.

One Horizon Group, Inc. 13F Filings

At the end of 12/31/2017 reporting period, 4 institutional holders increased their position in One Horizon Group, Inc. (NASDAQ:OHGI) by some 23,259 shares, 2 decreased positions by 31,381 and 3 held positions by 2,330. That puts total institutional holdings at 56,970 shares, according to SEC filings. The stock grabbed 4 new institutional investments totaling 23,259 shares while 1 institutional investors sold out their entire positions totaling 27,247 shares.

One Horizon Group, Inc. (NASDAQ:OHGI) Insider Trades

Multiple company employees have indulged in significant insider trading. One Horizon Group, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner Wu Zhanming has acquired 2,000,000 shares of One Horizon Group, Inc. (OHGI) in trading session dated Oct. 24, 2017. These shares are worth $260,000 and were traded at $0.13 each. The SEC filing shows that White Mark Brian performed a sale of 333 shares. The 10% Owner disposed these shares by way of transaction on Jan. 05, 2016. The company’s shares were given away at $7.56 per share worth to an income of some $2,517 on account of White Mark Brian.

CFO, Ward Martin Christopher, sold 833 common shares of One Horizon Group, Inc. (OHGI) in the open market. In a transaction dated Aug. 13, 2015, the shares were put up for sale at an average price of $10.5, raking in a sum of $8,747. After this sale, 485,779 common shares of OHGI are directly owned by the insider, with total stake valued at $573,219.

In the transaction dated May. 19, 2015, the great number of shares disposed came courtesy the 10% Owner; White Mark Brian disposed a total of 28,250 shares at an average price of $12.48, amounting to approximately $352,560. The insider now directly owns 902,504 shares worth $1,064,955.

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