Dion Hinchcliffe Sells 15,000 Shares of Intrusion (NASDAQ:INTZ) Stock

Intrusion Inc. (NASDAQ:INTZ) Director Dion Hinchcliffe sold 15,000 shares of the firm’s stock in a transaction dated Friday, September 4th. The stock was 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. The trade was a 7.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Intrusion Price Performance

INTZ opened at $0.78 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.39 and a current ratio of 0.39. The stock’s 50 day moving average price is $0.79 and its 200-day moving average price is $0.84. The stock has a market capitalization of $19.12 million, a PE ratio of -1.42 and a beta of -1.55. Intrusion Inc. has a 52-week low of $0.59 and a 52-week high of $2.27.

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

Institutional Trading of Intrusion

Several hedge funds and other institutional investors have recently made changes to their positions in INTZ. Virtu Financial LLC bought a new position in Intrusion during the 4th quarter valued at approximately $31,000. XTX Topco Ltd bought a new stake in Intrusion in the fourth quarter worth $35,000. State Street Corp boosted its holdings in Intrusion by 11.6% in the fourth quarter. State Street Corp now owns 102,765 shares of the company’s stock worth $118,000 after acquiring an additional 10,700 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Intrusion in the fourth quarter worth $51,000. Finally, Potomac Capital Management Inc. purchased a new stake in shares of Intrusion in the fourth quarter worth $544,000. Hedge funds and other institutional investors own 19.43% of the company’s stock.

Analyst Ratings Changes

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

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.