Intellicheck Mobilisa, Inc. (NASDAQ:IDN – Get Free Report) CEO Bryan Lewis sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $7.53, for a total transaction of $75,300.00. Following the completion of the sale, the chief executive officer owned 70,000 shares of the company’s stock, valued at approximately $527,100. The trade was a 12.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Intellicheck Mobilisa Stock Performance
Shares of IDN opened at $7.86 on Friday. The firm has a market cap of $159.09 million, a price-to-earnings ratio of 131.02 and a beta of 1.00. Intellicheck Mobilisa, Inc. has a fifty-two week low of $2.28 and a fifty-two week high of $8.48. The firm has a 50 day moving average price of $5.46 and a 200-day moving average price of $5.66.
Analysts Set New Price Targets
Several brokerages recently commented on IDN. Zacks Research downgraded shares of Intellicheck Mobilisa from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 12th. DA Davidson reaffirmed a “neutral” rating and issued a $7.50 target price on shares of Intellicheck Mobilisa in a research note on Friday, March 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Intellicheck Mobilisa in a research note on Monday, December 29th. Wall Street Zen raised shares of Intellicheck Mobilisa from a “hold” rating to a “buy” rating in a research note on Saturday, March 21st. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $8.50 target price (up from $6.00) on shares of Intellicheck Mobilisa in a research note on Tuesday, December 16th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $7.25.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Occudo Quantitative Strategies LP purchased a new position in Intellicheck Mobilisa during the 2nd quarter valued at $65,000. Jump Financial LLC purchased a new position in Intellicheck Mobilisa during the 2nd quarter valued at $66,000. PFG Investments LLC purchased a new position in Intellicheck Mobilisa during the 4th quarter valued at $70,000. JPMorgan Chase & Co. increased its position in Intellicheck Mobilisa by 21,267.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock valued at $75,000 after purchasing an additional 13,824 shares during the period. Finally, Tower Research Capital LLC TRC purchased a new position in Intellicheck Mobilisa during the 2nd quarter valued at $79,000. 42.79% of the stock is owned by hedge funds and other institutional investors.
About Intellicheck Mobilisa
Intellicheck Mobilisa, Inc is a provider of mobile identity verification and authentication solutions designed to help organizations verify credentials and combat fraud. The company’s technology leverages optical character recognition, machine learning, and biometric facial recognition to validate government‐issued IDs, passports, and other identity documents in real time. These solutions are deployed via on‐premises hardware or cloud‐based platforms, enabling clients to integrate identity checks directly into digital workflows and point‐of‐sale systems.
The firm’s flagship offerings include mobile credential scanning applications and software development kits (SDKs) that support Know Your Customer (KYC), Anti–Money Laundering (AML), age verification, and regulatory compliance across multiple industries.
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