Insider Selling: Intellicheck (NASDAQ:IDN) CTO Sells 5,550 Shares of Stock

Intellicheck, Inc. (NASDAQ:IDNGet Free Report) CTO Jonathan Robins sold 5,550 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $4.22, for a total value of $23,421.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Intellicheck Price Performance

IDN stock traded up $0.02 during mid-day trading on Tuesday, reaching $4.17. 505,704 shares of the company’s stock were exchanged, compared to its average volume of 376,026. The company has a market cap of $84.44 million, a price-to-earnings ratio of 37.91 and a beta of 0.80. The stock’s 50 day moving average is $6.22 and its 200 day moving average is $5.95. Intellicheck, Inc. has a 12-month low of $3.95 and a 12-month high of $9.08.

Intellicheck (NASDAQ:IDNGet Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.03 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.03. The company had revenue of $5.52 million for the quarter. Intellicheck had a return on equity of 11.26% and a net margin of 9.56%. On average, research analysts forecast that Intellicheck, Inc. will post 0.17 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Intellicheck

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC increased its holdings in shares of Intellicheck by 149.7% in the first quarter. NewEdge Advisors LLC now owns 23,462 shares of the company’s stock valued at $164,000 after purchasing an additional 14,066 shares during the last quarter. Renaissance Technologies LLC grew its position in Intellicheck by 11.3% in the first quarter. Renaissance Technologies LLC now owns 485,835 shares of the company’s stock worth $3,396,000 after acquiring an additional 49,470 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in shares of Intellicheck during the first quarter worth $361,000. Sei Investments Co. boosted its position in shares of Intellicheck by 22.1% during the first quarter. Sei Investments Co. now owns 175,210 shares of the company’s stock worth $1,225,000 after buying an additional 31,693 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of Intellicheck by 83.5% during the first quarter. Dimensional Fund Advisors LP now owns 55,419 shares of the company’s stock worth $387,000 after buying an additional 25,213 shares during the period. Institutional investors and hedge funds own 42.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on IDN. DA Davidson restated a “buy” rating and issued a $7.50 target price on shares of Intellicheck in a research report on Wednesday, May 13th. Zacks Research upgraded Intellicheck from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 10th. Craig Hallum downgraded Intellicheck from a “buy” rating to a “hold” rating and set a $6.50 target price on the stock. in a research report on Wednesday, May 13th. Wall Street Zen downgraded Intellicheck from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 6th. Finally, Weiss Ratings upgraded Intellicheck from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Intellicheck currently has a consensus rating of “Moderate Buy” and a consensus price target of $7.38.

View Our Latest Research Report on IDN

About Intellicheck

(Get Free Report)

Intellicheck, 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.

Further Reading

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