Intellicheck, Inc. (NASDAQ:IDN) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Intellicheck, Inc. (NASDAQ:IDN) have earned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $7.3750.

IDN has been the topic of a number of research reports. 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 report on Wednesday, May 13th. DA Davidson reaffirmed a “buy” rating and set a $7.50 target price on shares of Intellicheck in a research report on Wednesday, May 13th. Zacks Research raised shares of Intellicheck from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 10th. Weiss Ratings lowered shares of Intellicheck from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, May 21st. Finally, Wall Street Zen raised shares of Intellicheck from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 23rd.

Intellicheck Price Performance

Intellicheck stock opened at $4.42 on Tuesday. The firm has a market capitalization of $89.51 million, a P/E ratio of 40.19 and a beta of 0.97. The company’s 50-day moving average is $6.63 and its 200 day moving average is $6.09. Intellicheck has a 1-year low of $4.00 and a 1-year high of $9.08.

Intellicheck (NASDAQ:IDN) last issued its earnings results on Tuesday, May 12th. The company reported $0.03 EPS for the quarter, hitting analysts’ consensus estimates 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%. Research analysts anticipate that Intellicheck will post 0.17 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Bryan Lewis sold 10,000 shares of the stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $8.05, for a total transaction of $80,500.00. Following the transaction, the chief executive officer directly owned 40,000 shares in the company, valued at approximately $322,000. This trade represents a 20.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 40,000 shares of company stock worth $320,400 in the last 90 days. 7.76% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Intellicheck

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Occudo Quantitative Strategies LP boosted its stake in shares of Intellicheck by 17.5% during the third quarter. Occudo Quantitative Strategies LP now owns 14,118 shares of the company’s stock valued at $73,000 after purchasing an additional 2,098 shares in the last quarter. CIBC Private Wealth Group LLC boosted its stake in shares of Intellicheck by 3.3% during the third quarter. CIBC Private Wealth Group LLC now owns 74,189 shares of the company’s stock valued at $386,000 after purchasing an additional 2,381 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Intellicheck by 14.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 30,206 shares of the company’s stock valued at $202,000 after purchasing an additional 3,794 shares in the last quarter. Captrust Financial Advisors boosted its stake in shares of Intellicheck by 1.6% during the second quarter. Captrust Financial Advisors now owns 245,556 shares of the company’s stock valued at $1,324,000 after purchasing an additional 3,971 shares in the last quarter. Finally, XTX Topco Ltd boosted its stake in shares of Intellicheck by 23.3% during the second quarter. XTX Topco Ltd now owns 25,727 shares of the company’s stock valued at $139,000 after purchasing an additional 4,868 shares in the last quarter. 42.79% of the stock is currently owned by 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.