authID (NASDAQ:AUID) Director Ken Jisser Buys 40,650 Shares

authID Inc. (NASDAQ:AUID) Director Ken Jisser bought 40,650 shares of the business’s stock in a transaction dated Tuesday, November 25th. The shares were purchased at an average price of $1.24 per share, for a total transaction of $50,406.00. Following the transaction, the director directly owned 92,125 shares of the company’s stock, valued at approximately $114,235. This represents a 78.97% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

authID Stock Up 6.9%

Shares of NASDAQ AUID opened at $1.24 on Wednesday. The stock has a market cap of $16.67 million, a PE ratio of -0.77 and a beta of 1.57. authID Inc. has a 52-week low of $1.16 and a 52-week high of $9.58. The business has a 50-day moving average price of $2.50 and a 200 day moving average price of $3.77.

authID (NASDAQ:AUID) last released its quarterly earnings results on Wednesday, November 12th. The company reported ($0.38) EPS for the quarter. authID had a negative return on equity of 180.17% and a negative net margin of 728.89%.The firm had revenue of ($0.11) million for the quarter.

Institutional Trading of authID

Several institutional investors and hedge funds have recently bought and sold shares of AUID. Wealthspire Advisors LLC boosted its stake in authID by 1,717.0% during the 1st quarter. Wealthspire Advisors LLC now owns 542,693 shares of the company’s stock worth $2,632,000 after purchasing an additional 512,826 shares during the period. Comerica Bank raised its holdings in shares of authID by 11.7% in the first quarter. Comerica Bank now owns 19,127 shares of the company’s stock valued at $93,000 after buying an additional 2,000 shares during the last quarter. Scoggin Management LP raised its holdings in shares of authID by 42.5% in the first quarter. Scoggin Management LP now owns 249,388 shares of the company’s stock valued at $1,210,000 after buying an additional 74,388 shares during the last quarter. Private Wealth Asset Management LLC acquired a new stake in shares of authID during the second quarter worth about $138,000. Finally, XTX Topco Ltd purchased a new position in shares of authID during the second quarter worth about $77,000. Hedge funds and other institutional investors own 8.83% of the company’s stock.

authID Company Profile

authID Inc provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company offers solutions through its Verified platform to enable their users to easily verify and authenticate their identity through a mobile device or desktop.