Virtu Financial LLC Invests $45,000 in Intellicheck, Inc. $IDN

Virtu Financial LLC acquired a new position in shares of Intellicheck, Inc. (NYSE:IDN) during the 1st quarter, Holdings Channel reports. The firm acquired 14,796 shares of the company’s stock, valued at approximately $45,000.

Other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC boosted its holdings in shares of Intellicheck by 4.8% during the 4th quarter. Geode Capital Management LLC now owns 199,835 shares of the company’s stock worth $560,000 after buying an additional 9,166 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of Intellicheck by 9.5% during the 4th quarter. Renaissance Technologies LLC now owns 114,000 shares of the company’s stock worth $319,000 after buying an additional 9,900 shares during the period. Topline Capital Management LLC bought a new stake in shares of Intellicheck during the 4th quarter worth about $3,248,000. Northern Trust Corp boosted its holdings in shares of Intellicheck by 20.7% during the 4th quarter. Northern Trust Corp now owns 33,925 shares of the company’s stock worth $95,000 after buying an additional 5,827 shares during the period. Finally, Captrust Financial Advisors bought a new stake in shares of Intellicheck during the 4th quarter worth about $676,000. 42.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Intellicheck

In other news, Director Gregory Braca sold 7,703 shares of the company’s stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $4.33, for a total transaction of $33,353.99. Following the completion of the sale, the director owned 823 shares of the company’s stock, valued at approximately $3,563.59. This represents a 90.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 6.88% of the stock is owned by corporate insiders.

Intellicheck Stock Up 9.4%

NYSE IDN opened at $5.49 on Tuesday. The company has a market capitalization of $110.00 million, a P/E ratio of -183.00 and a beta of 1.21. Intellicheck, Inc. has a 12-month low of $1.92 and a 12-month high of $6.49. The firm has a 50-day moving average price of $5.23 and a two-hundred day moving average price of $3.78.

Wall Street Analyst Weigh In

Several brokerages recently commented on IDN. DA Davidson set a $6.50 target price on shares of Intellicheck and gave the stock a “buy” rating in a report on Wednesday, August 13th. Craig Hallum raised shares of Intellicheck from a “hold” rating to a “buy” rating and set a $6.00 target price for the company in a report on Wednesday, May 21st. Wall Street Zen raised shares of Intellicheck from a “hold” rating to a “buy” rating in a report on Wednesday, June 18th. Finally, HC Wainwright reissued a “buy” rating and issued a $6.00 price objective on shares of Intellicheck in a report on Wednesday, August 13th.

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.