T Stamp (NASDAQ:IDAI) CEO Gareth Neville Genner Purchases 6,500 Shares

T Stamp Inc. (NASDAQ:IDAI) CEO Gareth Neville Genner acquired 6,500 shares of the stock in a transaction on Tuesday, August 18th. The shares were purchased at an average price of $2.48 per share, for a total transaction of $16,120.00. Following the completion of the transaction, the chief executive officer owned 139,275 shares in the company, valued at approximately $345,402. This represents a 4.90% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

Gareth Neville Genner also recently made the following trade(s):

• On Thursday, August 20th, Gareth Neville Genner purchased 800 shares of T Stamp stock. The shares were purchased at an average cost of $3.09 per share, with a total value of $2,472.00.

T Stamp Stock Up 19.1%

IDAI stock opened at $3.18 on Friday. The firm has a market cap of $17.94 million, a PE ratio of -1.58 and a beta of 0.70. The company has a fifty day simple moving average of $2.24 and a 200 day simple moving average of $2.41. T Stamp Inc. has a 1 year low of $1.17 and a 1 year high of $5.28. The company has a current ratio of 6.48, a quick ratio of 6.48 and a debt-to-equity ratio of 1.28.

T Stamp (NASDAQ:IDAI) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.48) EPS for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.14). The business had revenue of $0.90 million during the quarter, compared to the consensus estimate of $0.90 million. T Stamp had a negative return on equity of 137.70% and a negative net margin of 272.78%. Sell-side analysts anticipate that T Stamp Inc. will post -1.39 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Potomac Capital Management Inc. acquired a new stake in T Stamp during the fourth quarter worth approximately $754,000. Jane Street Group LLC bought a new position in shares of T Stamp in the fourth quarter worth about $220,000. Kestra Advisory Services LLC bought a new position in T Stamp in the 4th quarter valued at approximately $204,000. Dimensional Fund Advisors LP acquired a new stake in shares of T Stamp during the 1st quarter valued at $44,000. Finally, Geode Capital Management LLC boosted its stake in shares of T Stamp by 67.7% during the fourth quarter. Geode Capital Management LLC now owns 32,517 shares of the company’s stock valued at $127,000 after purchasing an additional 13,125 shares in the last quarter. Institutional investors own 16.34% of the company’s stock.

Analyst Ratings Changes

Separately, Zacks Research raised shares of T Stamp to a “hold” rating in a research note on Wednesday, May 20th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $12.00.

About T Stamp

T Stamp Inc develops and markets identity authentication software solutions for government and enterprise partners, and peer-to-peer markets worldwide. It develops proprietary artificial intelligence-powered solutions, researching and leveraging machine learning, artificial intelligence, biometric science, cryptography, and data mining to deliver insightful identity and trust predictions that identify and defend against fraudulent identity attacks, protect sensitive user information, and extend the reach of digital services through global accessibility.