Intellicheck (NASDAQ:IDN) Releases Quarterly Earnings Results

Intellicheck (NASDAQ:IDN) issued its quarterly earnings data on Thursday. The company reported $0.03 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $5.94 million during the quarter. Intellicheck had a net margin of 9.56% and a return on equity of 11.26%.

Intellicheck Trading Up 1.6%

Shares of IDN stock traded up $0.06 during trading hours on Thursday, hitting $3.75. The company’s stock had a trading volume of 825,168 shares, compared to its average volume of 351,924. The stock has a market cap of $75.94 million, a PE ratio of 34.09 and a beta of 0.81. Intellicheck has a 12-month low of $3.59 and a 12-month high of $9.08. The company has a 50 day moving average of $3.98 and a 200 day moving average of $5.22.

Analysts Set New Price Targets

IDN has been the topic of several research reports. Zacks Research cut Intellicheck from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. DA Davidson restated a “buy” rating and issued a $7.50 target price on shares of Intellicheck in a report on Wednesday, May 13th. Craig Hallum cut Intellicheck from a “buy” rating to a “hold” rating and set a $6.50 price objective for the company. in a report on Wednesday, May 13th. Wall Street Zen downgraded shares of Intellicheck from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 6th. Finally, Weiss Ratings lowered Intellicheck from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, June 24th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $7.38.

Institutional Trading of Intellicheck

A number of hedge funds have recently modified their holdings of IDN. AIGH Capital Management LLC increased its holdings in shares of Intellicheck by 25.0% during the 1st quarter. AIGH Capital Management LLC now owns 1,517,249 shares of the company’s stock valued at $10,606,000 after purchasing an additional 303,815 shares in the last quarter. PFG Investments LLC acquired a new position in shares of Intellicheck in the 4th quarter valued at $70,000. Bank of New York Mellon Corp purchased a new stake in Intellicheck during the second quarter worth $201,000. NewEdge Advisors LLC grew its position in Intellicheck by 149.7% during the first quarter. NewEdge Advisors LLC now owns 23,462 shares of the company’s stock valued at $164,000 after buying an additional 14,066 shares during the period. Finally, Renaissance Technologies LLC grew its position in Intellicheck by 11.3% during the first quarter. Renaissance Technologies LLC now owns 485,835 shares of the company’s stock valued at $3,396,000 after buying an additional 49,470 shares during the period. Hedge funds and other institutional investors own 42.79% of the company’s stock.

About Intellicheck

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.