Intrusion Inc. (NASDAQ:INTZ) major shareholder Michael L. Paxton sold 6,000 shares of the business’s stock in a transaction that occurred on Thursday, April 1st. The shares were sold at an average price of $25.34, for a total transaction of $152,040.00. Following the completion of the transaction, the insider now directly owns 1,553,951 shares of the company’s stock, valued at approximately $39,377,118.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Intrusion stock opened at $27.24 on Thursday. Intrusion Inc. has a 1 year low of $2.83 and a 1 year high of $29.90. The firm has a 50 day moving average price of $23.07 and a 200 day moving average price of $18.72. The company has a market cap of $477.76 million, a price-to-earnings ratio of -160.23 and a beta of 1.25. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.45 and a current ratio of 1.45.
Intrusion (NASDAQ:INTZ) last released its earnings results on Thursday, February 25th. The company reported ($0.17) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.02. Intrusion had a negative net margin of 30.12% and a negative return on equity of 179.98%. The firm had revenue of $1.58 million during the quarter, compared to the consensus estimate of $1.55 million. Sell-side analysts predict that Intrusion Inc. will post -0.4 EPS for the current year.
A number of research firms have recently weighed in on INTZ. B. Riley boosted their price objective on shares of Intrusion from $17.00 to $30.00 and gave the company a “buy” rating in a research report on Thursday, January 14th. HC Wainwright began coverage on shares of Intrusion in a research report on Tuesday, March 30th. They issued a “buy” rating and a $35.00 price objective for the company. Finally, Zacks Investment Research lowered shares of Intrusion from a “hold” rating to a “sell” rating in a research report on Monday, March 1st.
Intrusion Inc develops, markets, and supports entity identification, high speed data mining, cybercrime and advanced persistent threat detection, regulated information compliance, and data privacy protection products in the United States. Its product portfolio comprises TraceCop, which includes a database of worldwide IP addresses that aid in the identification and location of individuals involved in cybercrime, and analysis software and a GUI interface to assist analysts in locating cybercriminals and other bad guys; and Savant, a high-speed network data mining product that organizes the data into networks of relationships and associations.
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