Intellicheck, Inc. (NYSE:IDN) CEO Buys $19,855.00 in Stock

Intellicheck, Inc. (NYSE:IDN) CEO Bryan Lewis purchased 9,500 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The shares were acquired at an average cost of $2.09 per share, with a total value of $19,855.00. Following the completion of the purchase, the chief executive officer now owns 21,982 shares of the company’s stock, valued at $45,942.38. The acquisition was disclosed in a filing with the SEC, which is available at this link.

Intellicheck Price Performance

Intellicheck stock opened at $2.18 on Wednesday. The firm has a market capitalization of $42.58 million, a price-to-earnings ratio of -43.60 and a beta of 1.99. The company’s 50 day simple moving average is $2.75 and its 200 day simple moving average is $2.90. Intellicheck, Inc. has a fifty-two week low of $1.56 and a fifty-two week high of $4.46.

Intellicheck (NYSE:IDN) last posted its earnings results on Thursday, August 8th. The company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01). Intellicheck had a negative net margin of 2.36% and a negative return on equity of 2.05%. The company had revenue of $4.67 million for the quarter, compared to analyst estimates of $4.91 million. During the same period last year, the business posted ($0.04) earnings per share. As a group, analysts predict that Intellicheck, Inc. will post -0.03 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. DA Davidson lowered shares of Intellicheck from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $5.00 to $2.00 in a report on Friday, August 9th. StockNews.com lowered Intellicheck from a “buy” rating to a “hold” rating in a research report on Monday, August 12th. Finally, HC Wainwright dropped their price objective on Intellicheck from $5.00 to $4.00 and set a “buy” rating for the company in a report on Friday, August 9th.

Institutional Trading of Intellicheck

A number of large investors have recently bought and sold shares of IDN. Dimensional Fund Advisors LP bought a new position in Intellicheck in the second quarter valued at approximately $47,000. AIGH Capital Management LLC raised its holdings in shares of Intellicheck by 16.8% during the second quarter. AIGH Capital Management LLC now owns 1,767,732 shares of the company’s stock worth $6,046,000 after acquiring an additional 253,706 shares during the period. Wilkinson Global Asset Management LLC raised its holdings in shares of Intellicheck by 4.9% during the second quarter. Wilkinson Global Asset Management LLC now owns 182,805 shares of the company’s stock worth $625,000 after acquiring an additional 8,621 shares during the period. B. Riley Wealth Advisors Inc. bought a new stake in Intellicheck in the 1st quarter valued at $43,000. Finally, Truist Financial Corp boosted its stake in Intellicheck by 21.8% in the 4th quarter. Truist Financial Corp now owns 37,279 shares of the company’s stock worth $71,000 after purchasing an additional 6,667 shares during the period. 42.79% of the stock is owned by institutional investors.

Intellicheck Company Profile

Intellicheck, Inc, a technology company, provides on-demand digital identity validation solutions for KYC, fraud, and age verification needs in North America. The company offers solutions for digital and physical identities for financial services, fintech companies, BNPL providers, e-commerce and retail commerce businesses, law enforcement, and government agencies.