Identiv (NASDAQ:INVE) Issues Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Identiv (NASDAQ:INVE) announced its quarterly earnings data on Monday. The technology company reported ($0.15) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.08, Zacks reports. Identiv had a negative return on equity of 13.75% and a net margin of 308.59%.The firm had revenue of $5.01 million for the quarter, compared to analyst estimates of $5.00 million. Identiv updated its Q4 2025 guidance to EPS.

Identiv Stock Performance

NASDAQ INVE traded up $0.11 on Wednesday, reaching $3.80. The company’s stock had a trading volume of 10,756 shares, compared to its average volume of 53,131. The stock has a market cap of $90.14 million, a PE ratio of 1.25 and a beta of 1.40. The firm’s 50 day moving average is $3.72 and its two-hundred day moving average is $3.51. Identiv has a twelve month low of $2.86 and a twelve month high of $4.29.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Wall Street Zen upgraded shares of Identiv from a “sell” rating to a “hold” rating in a research report on Saturday, August 30th. B. Riley lowered their target price on Identiv from $6.50 to $6.00 and set a “buy” rating on the stock in a report on Friday, August 8th. Craig Hallum reissued a “buy” rating and issued a $5.00 price target on shares of Identiv in a report on Friday, August 8th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Identiv in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $5.33.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Cannell Capital LLC acquired a new position in Identiv during the second quarter worth $1,979,000. Boothbay Fund Management LLC increased its stake in Identiv by 27.6% in the second quarter. Boothbay Fund Management LLC now owns 373,408 shares of the technology company’s stock valued at $1,217,000 after acquiring an additional 80,678 shares during the period. Vanguard Group Inc. boosted its stake in shares of Identiv by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,186,883 shares of the technology company’s stock valued at $4,095,000 after purchasing an additional 20,719 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Identiv by 56.6% in the first quarter. Goldman Sachs Group Inc. now owns 49,295 shares of the technology company’s stock valued at $157,000 after acquiring an additional 17,811 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in Identiv in the 2nd quarter valued at about $55,000. 65.16% of the stock is owned by institutional investors and hedge funds.

About Identiv

Identiv, Inc, a security technology company, that provides secure identification and physical security solutions that secure things, data, and physical places worldwide. It operates in two segments, Identity and Premises. The Identity segment offers products and solutions that enables secure access to information serving the logical access and cyber security markets, as well as protecting connected objects and information using radio-frequency identification embedded security.