T Stamp (NASDAQ:IDAI) CEO Buys $28,557.76 in Stock

T Stamp Inc. (NASDAQ:IDAI) CEO Gareth Neville Genner acquired 9,394 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were purchased at an average price of $3.04 per share, with a total value of $28,557.76. Following the transaction, the chief executive officer owned 150,075 shares of the company’s stock, valued at approximately $456,228. This represents a 6.68% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link.

Gareth Neville Genner also recently made the following trade(s):

• On Wednesday, August 19th, Gareth Neville Genner bought 606 shares of T Stamp stock. The stock was purchased at an average cost of $2.55 per share, for a total transaction of $1,545.30.
• On Thursday, August 20th, Gareth Neville Genner bought 800 shares of T Stamp stock. The stock was purchased at an average price of $3.09 per share, for a total transaction of $2,472.00.
• On Tuesday, August 18th, Gareth Neville Genner purchased 6,500 shares of T Stamp stock. The shares were purchased at an average cost of $2.48 per share, with a total value of $16,120.00.

T Stamp Stock Performance

NASDAQ IDAI opened at $3.20 on Monday. The stock has a market capitalization of $18.05 million, a PE ratio of -1.59 and a beta of 0.70. The business has a 50 day simple moving average of $2.27 and a two-hundred day simple moving average of $2.41. The company has a debt-to-equity ratio of 1.28, a current ratio of 6.48 and a quick ratio of 6.48. T Stamp Inc. has a 1-year low of $1.17 and a 1-year high of $5.28.

T Stamp (NASDAQ:IDAI) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.34) by ($0.14). The firm had revenue of $0.90 million for the quarter, compared to analysts’ expectations of $0.90 million. T Stamp had a negative return on equity of 137.70% and a negative net margin of 272.78%. On average, research analysts predict that T Stamp Inc. will post -1.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of T Stamp to a “hold” rating in a research report on Wednesday, May 20th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, T Stamp presently has a consensus rating of “Moderate Buy” and an average price target of $12.00.

Hedge Funds Weigh In On T Stamp

Institutional investors and hedge funds have recently modified their holdings of the stock. Kestra Advisory Services LLC lifted its position in T Stamp by 7.7% in the first quarter. Kestra Advisory Services LLC now owns 56,050 shares of the company’s stock worth $134,000 after buying an additional 4,000 shares during the last quarter. MidFirst Bank bought a new position in T Stamp during the fourth quarter valued at $30,000. Geode Capital Management LLC increased its position in T Stamp by 67.7% during the fourth quarter. Geode Capital Management LLC now owns 32,517 shares of the company’s stock valued at $127,000 after acquiring an additional 13,125 shares during the last quarter. Dimensional Fund Advisors LP purchased a new stake in shares of T Stamp in the first quarter valued at $44,000. Finally, Jane Street Group LLC purchased a new stake in shares of T Stamp in the fourth quarter valued at $220,000. Hedge funds and other institutional investors own 16.34% of the company’s stock.

T Stamp Company Profile

T Stamp Inc develops and markets identity authentication software solutions for government and enterprise partners, and peer-to-peer markets worldwide. It develops proprietary artificial intelligence-powered solutions, researching and leveraging machine learning, artificial intelligence, biometric science, cryptography, and data mining to deliver insightful identity and trust predictions that identify and defend against fraudulent identity attacks, protect sensitive user information, and extend the reach of digital services through global accessibility.