Jeffrey Ishmael Buys 12,500 Shares of Intellicheck, Inc. (NASDAQ:IDN) Stock

Intellicheck, Inc. (NASDAQ:IDN – Get Rating) CFO Jeffrey Ishmael bought 12,500 shares of the firm’s stock in a transaction dated Thursday, June 16th. The shares were acquired at an average cost of $1.69 per share, with a total value of $21,125.00. Following the completion of the transaction, the chief financial officer now owns 12,500 shares of the company’s stock, valued at $21,125. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

IDN traded down $0.05 during midday trading on Tuesday, reaching $1.70. The company had a trading volume of 7,451 shares, compared to its average volume of 75,730. The stock has a market cap of $31.74 million, a PE ratio of -7.08 and a beta of 1.80. Intellicheck, Inc. has a 12-month low of $1.33 and a 12-month high of $9.68. The business has a 50-day moving average price of $1.94 and a two-hundred day moving average price of $3.22.

Intellicheck (NASDAQ:IDN – Get Rating) last released its earnings results on Monday, June 13th. The company reported ($0.08) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.02. Intellicheck had a negative net margin of 26.91% and a negative return on equity of 22.96%. During the same period in the previous year, the business earned ($0.06) EPS. Analysts anticipate that Intellicheck, Inc. will post -0.19 EPS for the current year.

IDN has been the topic of several analyst reports. Northland Securities cut their price target on shares of Intellicheck from $6.00 to $4.00 in a report on Tuesday, June 14th. Craig Hallum cut their price target on shares of Intellicheck from $4.00 to $2.00 and set a “hold” rating on the stock in a report on Tuesday, June 14th. DA Davidson set a $4.00 price target on shares of Intellicheck in a report on Monday. Finally, HC Wainwright cut their price target on shares of Intellicheck from $7.00 to $4.00 and set a “buy” rating on the stock in a report on Tuesday, June 14th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Intellicheck has a consensus rating of “Buy” and an average target price of $3.50.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Clear Harbor Asset Management LLC lifted its stake in shares of Intellicheck by 0.6% during the 4th quarter. Clear Harbor Asset Management LLC now owns 1,480,469 shares of the company’s stock valued at $6,840,000 after buying an additional 9,000 shares in the last quarter. Wasatch Advisors Inc. lifted its stake in shares of Intellicheck by 6.9% during the 4th quarter. Wasatch Advisors Inc. now owns 1,086,465 shares of the company’s stock valued at $5,019,000 after buying an additional 70,430 shares in the last quarter. Heartland Advisors Inc. lifted its stake in shares of Intellicheck by 12.4% during the 4th quarter. Heartland Advisors Inc. now owns 500,000 shares of the company’s stock valued at $2,310,000 after buying an additional 55,000 shares in the last quarter. Morgan Dempsey Capital Management LLC purchased a new stake in shares of Intellicheck during the 1st quarter valued at approximately $735,000. Finally, Geode Capital Management LLC lifted its stake in shares of Intellicheck by 3.9% during the 3rd quarter. Geode Capital Management LLC now owns 154,004 shares of the company’s stock valued at $1,261,000 after buying an additional 5,768 shares in the last quarter. Hedge funds and other institutional investors own 39.61% of the company’s stock.

Intellicheck Company Profile (Get Rating)

Intellicheck, Inc, a technology company, develops, integrates, and markets threat identification and identity authentication solutions for bank and retail fraud prevention, law enforcement threat identification, and mobile and handheld access control and security systems primarily in the United States.

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