Insider Selling: Intellicheck Mobilisa (NASDAQ:IDN) CEO Sells $80,500.00 in Stock

Intellicheck Mobilisa, Inc. (NASDAQ:IDN) CEO Bryan Lewis sold 10,000 shares of the stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $8.05, for a total value of $80,500.00. Following the transaction, the chief executive officer owned 40,000 shares of the company’s stock, valued at approximately $322,000. This trade represents a 20.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Bryan Lewis also recently made the following trade(s):

• On Monday, April 20th, Bryan Lewis sold 10,000 shares of Intellicheck Mobilisa stock. The shares were sold at an average price of $8.51, for a total value of $85,100.00.
• On Monday, April 13th, Bryan Lewis sold 10,000 shares of Intellicheck Mobilisa stock. The shares were sold at an average price of $7.95, for a total value of $79,500.00.
• On Monday, April 6th, Bryan Lewis sold 10,000 shares of Intellicheck Mobilisa stock. The stock was sold at an average price of $7.53, for a total value of $75,300.00.

Intellicheck Mobilisa Price Performance

Shares of IDN opened at $7.99 on Friday. The business’s fifty day moving average price is $6.44 and its 200 day moving average price is $5.98. Intellicheck Mobilisa, Inc. has a 12-month low of $2.47 and a 12-month high of $9.08. The stock has a market capitalization of $161.71 million, a PE ratio of 133.19 and a beta of 1.00.

Institutional Investors Weigh In On Intellicheck Mobilisa

A number of hedge funds have recently added to or reduced their stakes in IDN. AIGH Capital Management LLC boosted its stake in Intellicheck Mobilisa 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 during the period. XTX Topco Ltd increased its stake in shares of Intellicheck Mobilisa by 19.4% in the fourth quarter. XTX Topco Ltd now owns 45,085 shares of the company’s stock valued at $301,000 after purchasing an additional 7,339 shares during the period. Quadrature Capital Ltd acquired a new stake in shares of Intellicheck Mobilisa in the fourth quarter valued at approximately $227,000. Millennium Management LLC acquired a new stake in shares of Intellicheck Mobilisa in the fourth quarter valued at approximately $106,000. Finally, 683 Capital Management LLC acquired a new stake in shares of Intellicheck Mobilisa in the fourth quarter valued at approximately $514,000. 42.79% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on IDN shares. DA Davidson restated a “neutral” rating and set a $7.50 price objective on shares of Intellicheck Mobilisa in a research note on Friday, March 20th. Wall Street Zen upgraded Intellicheck Mobilisa from a “hold” rating to a “buy” rating in a research note on Saturday, March 21st. Finally, Zacks Research upgraded Intellicheck Mobilisa from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $7.25.

About Intellicheck Mobilisa

Intellicheck Mobilisa, 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.