Intrusion (NASDAQ:INTZ) Director Sells $11,700.00 in Stock

Intrusion Inc. (NASDAQ:INTZ) Director Dion Hinchcliffe sold 15,000 shares of Intrusion stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $0.78, for a total value of $11,700.00. Following the completion of the sale, the director directly owned 187,843 shares in the company, valued at $146,517.54. This represents a 7.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Intrusion Stock Down 5.4%

NASDAQ:INTZ traded down $0.04 during trading hours on Friday, reaching $0.78. 93,887 shares of the stock were exchanged, compared to its average volume of 846,304. Intrusion Inc. has a twelve month low of $0.59 and a twelve month high of $2.27. The firm has a 50 day moving average of $0.78 and a 200 day moving average of $0.84. The stock has a market cap of $19.19 million, a PE ratio of -1.42 and a beta of -1.55. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.39 and a quick ratio of 0.39.

Intrusion (NASDAQ:INTZ) last released its earnings results on Tuesday, August 11th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.03). The business had revenue of $1.45 million during the quarter, compared to the consensus estimate of $1.50 million. Intrusion had a negative net margin of 191.24% and a negative return on equity of 178.06%. On average, equities analysts expect that Intrusion Inc. will post -0.36 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have issued reports on INTZ. Weiss Ratings restated a “sell (e+)” rating on shares of Intrusion in a research note on Wednesday, August 26th. Zacks Research upgraded shares of Intrusion from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 5th. Finally, Ascendiant Capital Markets lowered their price objective on Intrusion from $10.50 to $9.50 and set a “buy” rating on the stock in a research note on Monday, June 8th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $5.25.

Hedge Funds Weigh In On Intrusion

Several hedge funds have recently bought and sold shares of the company. Virtu Financial LLC bought a new stake in shares of Intrusion during the 4th quarter worth approximately $31,000. Millennium Management LLC acquired a new position in Intrusion during the third quarter valued at approximately $34,000. XTX Topco Ltd bought a new stake in Intrusion during the fourth quarter worth $35,000. Jane Street Group LLC bought a new stake in Intrusion during the fourth quarter worth $51,000. Finally, State Street Corp boosted its holdings in shares of Intrusion by 11.6% in the 4th quarter. State Street Corp now owns 102,765 shares of the company’s stock valued at $118,000 after purchasing an additional 10,700 shares in the last quarter. 19.43% of the stock is owned by institutional investors.

Intrusion Company Profile

Intrusion Inc, a cybersecurity company in the United States. The company offers its customers access to threat intelligence database, which contains the historical data, known associations, and reputational behavior of Internet Protocol addresses. It offers INTRUSION Shield, a zero trust reputation-based Software as a Service solution that inspects and kills dangerous network connections. The company also provides INTRUSION TraceCop, a big data tool that contains an inventory of network selectors and enrichments to support forensic investigations; and INTRUSION Savant, a network monitoring solution that uses the data available in TraceCop to identify suspicious traffic in real-time.