Insider Selling: Intellicheck (NASDAQ:IDN) CTO Sells 5,550 Shares of Stock

Intellicheck, Inc. (NASDAQ:IDN) CTO Jonathan Robins sold 5,550 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $4.22, for a total value of $23,421.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Intellicheck Stock Up 0.5%

NASDAQ:IDN traded up $0.02 on Tuesday, reaching $4.17. 505,704 shares of the company’s stock were exchanged, compared to its average volume of 376,026. The firm has a market capitalization of $84.44 million, a price-to-earnings ratio of 37.91 and a beta of 0.80. Intellicheck, Inc. has a 52-week low of $3.95 and a 52-week high of $9.08. The business has a fifty day moving average of $6.22 and a 200-day moving average of $5.95.

Intellicheck (NASDAQ:IDN) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.03 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.03. The business had revenue of $5.52 million for the quarter. Intellicheck had a net margin of 9.56% and a return on equity of 11.26%. As a group, equities analysts anticipate that Intellicheck, Inc. will post 0.17 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on IDN. Wall Street Zen lowered Intellicheck from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 6th. DA Davidson reiterated a “buy” rating and issued a $7.50 target price on shares of Intellicheck in a report on Wednesday, May 13th. Zacks Research upgraded Intellicheck from a “hold” rating to a “strong-buy” rating in a report on Friday, April 10th. Weiss Ratings upgraded Intellicheck from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, June 5th. Finally, Craig Hallum lowered Intellicheck from a “buy” rating to a “hold” rating and set a $6.50 target price for the company. in a report on Wednesday, May 13th. One equities 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 stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $7.38.

Institutional Trading of Intellicheck

A number of institutional investors have recently bought and sold shares of IDN. JPMorgan Chase & Co. lifted its holdings in Intellicheck by 21,267.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock worth $75,000 after buying an additional 13,824 shares during the last quarter. XTX Topco Ltd lifted its holdings in Intellicheck by 23.3% during the 2nd quarter. XTX Topco Ltd now owns 25,727 shares of the company’s stock worth $139,000 after buying an additional 4,868 shares during the last quarter. Marshall Wace LLP purchased a new stake in Intellicheck during the 2nd quarter worth about $1,102,000. Jump Financial LLC purchased a new stake in Intellicheck during the 2nd quarter worth about $66,000. Finally, NewEdge Advisors LLC purchased a new stake in Intellicheck during the 2nd quarter worth about $232,000. 42.79% of the stock is owned by hedge funds and other institutional investors.

Intellicheck Company Profile

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.