Intellicheck (NYSE:IDN) Coverage Initiated at StockNews.com

Analysts at StockNews.com started coverage on shares of Intellicheck (NYSE:IDN) in a research note issued on Sunday. The brokerage set a “sell” rating on the stock.

Separately, HC Wainwright reissued a “buy” rating and set a $4.00 price target on shares of Intellicheck in a research report on Friday, March 21st.

Intellicheck Stock Performance

Shares of IDN opened at $2.40 on Friday. The stock has a 50-day moving average of $2.60 and a two-hundred day moving average of $2.56. The stock has a market cap of $47.56 million, a P/E ratio of -80.00 and a beta of 1.41. Intellicheck has a one year low of $1.92 and a one year high of $4.46.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Topline Capital Management LLC acquired a new stake in shares of Intellicheck in the fourth quarter valued at about $3,248,000. Captrust Financial Advisors acquired a new position in shares of Intellicheck during the fourth quarter valued at approximately $676,000. Cutter & CO Brokerage Inc. acquired a new stake in shares of Intellicheck in the fourth quarter worth approximately $64,000. Corient Private Wealth LLC purchased a new stake in shares of Intellicheck during the fourth quarter worth approximately $56,000. Finally, Hilltop Holdings Inc. acquired a new position in Intellicheck in the 3rd quarter valued at $43,000. Institutional investors and hedge funds own 42.79% of the company’s stock.

About Intellicheck

Intellicheck, Inc, a technology company, provides on-demand digital identity validation solutions for KYC, fraud, and age verification needs in North America. The company offers solutions for digital and physical identities for financial services, fintech companies, BNPL providers, e-commerce and retail commerce businesses, law enforcement, and government agencies.