Intellicheck (NYSE:IDN) Cut to Sell at StockNews.com

StockNews.com lowered shares of Intellicheck (NYSE:IDN) from a hold rating to a sell rating in a research note released on Monday.

Separately, HC Wainwright restated a “buy” rating and set a $4.00 price objective on shares of Intellicheck in a research report on Thursday, November 14th.

Intellicheck Trading Up 4.6 %

NYSE:IDN opened at $2.51 on Monday. The stock has a market cap of $49.60 million, a P/E ratio of -83.67 and a beta of 1.82. The stock has a 50 day simple moving average of $2.69 and a 200 day simple moving average of $2.50. Intellicheck has a 1-year low of $1.72 and a 1-year high of $4.46.

Institutional Investors Weigh In On Intellicheck

A number of hedge funds and other institutional investors have recently bought and sold shares of IDN. Hilltop Holdings Inc. acquired a new position in Intellicheck during the 3rd quarter worth about $43,000. Corient Private Wealth LLC acquired a new position in Intellicheck during the 4th quarter worth about $56,000. Cutter & CO Brokerage Inc. acquired a new position in Intellicheck during the 4th quarter worth about $64,000. Northern Trust Corp lifted its holdings in 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, CIBC Private Wealth Group LLC lifted its holdings in Intellicheck by 9.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 64,336 shares of the company’s stock worth $173,000 after buying an additional 5,760 shares during the period. Institutional investors own 42.79% of the company’s stock.

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.