Intellicheck, Inc. (NASDAQ:IDN) Given Average Recommendation of “Moderate Buy” by Analysts

Intellicheck, Inc. (NASDAQ:IDN) has been given a consensus rating of “Moderate Buy” by the six brokerages that are currently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is $7.3750.

Several equities research analysts have weighed in on IDN shares. Zacks Research cut Intellicheck from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Weiss Ratings downgraded shares of Intellicheck from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, June 24th. Wall Street Zen lowered shares of Intellicheck from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 6th. DA Davidson restated a “buy” rating and issued a $7.50 price objective on shares of Intellicheck in a report on Wednesday, May 13th. Finally, Craig Hallum lowered shares of Intellicheck from a “buy” rating to a “hold” rating and set a $6.50 target price on the stock. in a research note on Wednesday, May 13th.

Intellicheck Stock Performance

Shares of NASDAQ:IDN opened at $3.73 on Wednesday. The company has a market cap of $75.53 million, a price-to-earnings ratio of 33.91 and a beta of 0.80. The company has a 50-day moving average price of $4.31 and a 200-day moving average price of $5.54. Intellicheck has a 12 month low of $3.66 and a 12 month high of $9.08.

Intellicheck (NASDAQ:IDN) last posted its 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. Intellicheck had a return on equity of 11.26% and a net margin of 9.56%.The company had revenue of $5.52 million for the quarter. As a group, research analysts forecast that Intellicheck will post 0.17 EPS for the current fiscal year.

Insider Buying and Selling

In other Intellicheck news, CEO Bryan Lewis sold 10,000 shares of the firm’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $8.05, for a total value of $80,500.00. Following the completion of the sale, the chief executive officer directly owned 40,000 shares in the company, valued at $322,000. This trade represents a 20.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 7.76% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. AIGH Capital Management LLC bought a new stake in shares of Intellicheck during the 4th quarter valued at $8,106,000. PFG Investments LLC bought a new position in shares of Intellicheck in the 4th quarter worth about $70,000. Renaissance Technologies LLC increased its stake in shares of Intellicheck by 11.3% in the 1st quarter. Renaissance Technologies LLC now owns 485,835 shares of the company’s stock worth $3,396,000 after acquiring an additional 49,470 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Intellicheck during the 1st quarter valued at about $361,000. Finally, Sei Investments Co. lifted its position in Intellicheck by 22.1% during the 1st quarter. Sei Investments Co. now owns 175,210 shares of the company’s stock valued at $1,225,000 after acquiring an additional 31,693 shares during the period. Institutional investors own 42.79% of the company’s stock.

About Intellicheck

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.