III · NASDAQ · Specialty Business Services

Information Services Group (III)

Advises enterprises on technology sourcing, supplier governance, research, and change programs.

$5.35
After hours−0.02 (−0.37%)
At close$5.37(+0.19%)
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Information Services Group, Inc.III
Industrials

Provides sourcing advisory, technology research, supplier-governance platforms, and change-management services through one reportable segment. Revenue is concentrated in the Americas, with Europe and Asia Pacific smaller, and the model depends on vendor independence, proprietary contract data, and enterprise demand for technology transformation.

Works as an AI-centered technology research and advisory firm, combining sourcing advisory, cloud and data analytics, network and software advisory, technology strategy, operational design, and market intelligence. The business reports one segment, fact-based sourcing advisory services.

Client work is organized around ISG Digital for transformation and sourcing, ISG Enterprise for change and core-operations optimization, and ISG Research for market analysis and provider evaluation. Proprietary tools such as GovernX, Tango, and Inform support supplier governance, sourcing decisions, and benchmarking.

Revenue is concentrated in the Americas, with Europe and Asia Pacific as smaller regions. The operating model depends on independence from vendors and service providers, proprietary market data, and continued enterprise spending on technology transformation and AI adoption.

Company facts

CEOMichael P. Connors
ListedFeb 12, 2007
ExchangeNASDAQ
HeadquartersStamford, CT
CountryUnited States
Employees1,500
CIK0001371489
ISINUS45675Y1047

Market cap$256.4M
EPS (ttm)$0.2365
P/E (ttm)22.66
ROE12.3%
P/B2.68
P/S1.02
Dividend yieldDiv yield3.36%
Beta0.93vs XLI −0.46

Price target$5.50+1.7%Average of 2 analysts
ConsensusBuy1 of 2 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Mar 9, 2026BarringtonTarget
Target: $7
Target: $5.50
Nov 4, 2025BarringtonTarget
Target:
Target: $7

Next report
Nov 2, 26
in 41 days
EPS estimate
$0.10
Revenue estimate
$64.0M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$0.06$0.07$0.08$0.09$0.08$0.09$0.10Pending
Estimate$0.05$0.06$0.07$0.08$0.08$0.08$0.05$0.10
Surprise+20.0%+16.7%+14.3%+12.5%0.0%+12.5%+85.2%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$58.0M$59.6M$61.6M$62.0M$61.2M$61.2M$65.5MPending
Estimate$57.6M$58.5M$60.0M$61.0M$61.1M$60.8M$62.9M$64.0M
Surprise+0.7%+1.8%+2.6%+1.7%+0.2%+0.5%+4.2%
Estimate$0.10
ReportedDue Nov 2, 2026
Estimate$64.0M
ReportedDue Nov 2, 2026
View details

Debt to equity70.40%
Current ratio281.30%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$61.3M$57.8M$59.6M$61.6M$62.4M$61.2M$61.2M$65.5M
Net income$1.1M$3.0M$1.5M$2.2M$3.1M$2.6M$2.7M$3.3M
Net margin1.9%5.3%2.5%3.5%4.9%4.3%4.4%5.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$4.3M$183.0K$3.4M$4.7M$4.6M$5.1M$5.5M$5.9M
YoY growth−31.0%Turned profitTurned profit+27.8%+6.8%+2,712.6%+62.4%+25.6%

Balance sheet, Jun 30, 2026Cash & short-term investments $23.7M · Total debt $67.5M · Total assets $204.6M · Shareholders' equity $95.8M

Revenue
$65.5M
Operating income
$5.9M
Net income
$3.3M
View details

Dividend yield
3.36%
Next ex-date
Dec 4, 26
estimated · in 73 days
Annual dividend
$0.18
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.045$0.045$0.045$0.045$0.045$0.045$0.045$0.045
Annual yield4.89%4.83%3.73%3.44%3.02%4.71%4.25%3.47%
Ex-dateDec 3Mar 21Jun 6Sep 5Dec 5Mar 20Jun 5Sep 4
Payment dateDec 20Mar 28Jun 27Sep 26Dec 19Mar 26Jun 26Sep 25
View details

Institutions67.93%32.89M shares
142 holders · as of Jun 30, 2026
Insiders17.40%8.42M shares
10 holders · as of Sep 3, 2026
Strategic holders16.39%7.94M shares
2 holders · as of Feb 25, 2026
Adds to101.72%

48.41M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 101.72%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Chevrillon & AssociesStrategic10 percent owner
10.82%5.24Mfiled Feb 25, 2026
Private Capital Management, LLCInstitution
10.07%4.87Mas of Jun 30, 2026
Cerity Partners LLCInstitution
9.60%4.65Mas of Jun 30, 2026
Michael P. Connors1,2Insiderdirector, 10 percent owner, officer: CHAIRMAN & CEO
9.52%4.91Mfiled Apr 3, 2026
Private Capital Management, LLC (46-3167283)Institution
8.93%4.32Mfiled Feb 4, 2022
  1. Michael P. Connors's transaction reports restate only vehicles that traded; the 2022 ownership statement (4.91M) less the 298.9K net shares sold since is used instead.
  2. Michael P. Connors reports a block also reported by Chevrillon & Associes; it is counted once, under Chevrillon & Associes.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Dec 15, 2025Chevrillon & Associes10 percent owner−200,000$5.95
Dec 11, 2025Chevrillon & Associes10 percent owner−250,000$6.06
Nov 12, 2025Michael P. Connorsdirector, 10 percent owner, officer: CHAIRMAN & CEO−66,196$5.26
Nov 11, 2025Michael P. Connorsdirector, 10 percent owner, officer: CHAIRMAN & CEO−100,096$5.21
Nov 10, 2025Michael P. Connorsdirector, 10 percent owner, officer: CHAIRMAN & CEO−78,476$5.22
View details

  • Gartner

    Technology research and advisory rival for enterprise buyers

  • Accenture

    Large-scale consulting and AI transformation overlap

  • Forrester Research

    Independent research, consulting, and events peer

  • IBM

    Hybrid cloud, AI, and consulting overlap

  • Cognizant Technology Solutions

    AI, cloud, engineering, and outsourcing services competitor

  • Infosys (ADR)

    Digital consulting and IT-services ADR peer

  • Wipro (ADR)

    Consulting-led IT services and BPS ADR peer

  • Globant

    AI-native digital engineering and transformation peer

CompareAfter hours

CompanyPriceChange
Information Services Group$5.35−0.37%$256.4M22.717.91.0+6.4%
Gartner$178.75−0.01%$12.27B16.411.51.9−0.6%
Accenture$183.80+0.04%$113.89B14.912.81.6+5.6%
Forrester Research$11.75+0.09%$220.1M15.10.6−10.2%
IBM$232.00+0.30%$218.51B20.518.13.2+1.1%
Cognizant Technology Solutions$58.66−0.05%$26.75B12.89.71.2+4.5%
Infosys (ADR)$10.76−0.09%$44.19B13.413.22.2+1.0%
Wipro (ADR)$1.70+1.19%$16.52B12.616.11.7−1.0%
Globant$35.01−0.06%$1.55B14.15.90.6+0.0%
Median14.113.01.6+0.5%