authID Inc. (NASDAQ:AUID) CEO Buys $25,920.00 in Stock

authID Inc. (NASDAQ:AUID) CEO Rhoniel Daguro bought 4,000 shares of the stock in a transaction that occurred on Monday, December 9th. The stock was bought at an average price of $6.48 per share, with a total value of $25,920.00. Following the completion of the purchase, the chief executive officer now directly owns 24,833 shares in the company, valued at $160,917.84. This represents a 19.20 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

authID Stock Down 9.9 %

NASDAQ AUID opened at $5.74 on Friday. authID Inc. has a 12-month low of $5.32 and a 12-month high of $13.63. The company has a fifty day simple moving average of $6.78 and a two-hundred day simple moving average of $7.95.

Hedge Funds Weigh In On authID

A hedge fund recently raised its stake in authID stock. Geode Capital Management LLC raised its position in shares of authID Inc. (NASDAQ:AUID) by 43.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 97,847 shares of the company’s stock after purchasing an additional 29,810 shares during the quarter. Geode Capital Management LLC owned 0.90% of authID worth $616,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 8.83% of the company’s stock.

About authID

authID Inc provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company offers solutions through its Verified platform to enable their users to easily verify and authenticate their identity through a mobile device or desktop.