authID Inc. (NASDAQ:AUID) CTO Thomas Robert Szoke Sells 9,506 Shares

authID Inc. (NASDAQ:AUID) CTO Thomas Robert Szoke sold 9,506 shares of the company’s stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $8.02, for a total value of $76,238.12. Following the transaction, the chief technology officer now owns 36,119 shares of the company’s stock, valued at $289,674.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Thomas Robert Szoke also recently made the following trade(s):

• On Monday, August 26th, Thomas Robert Szoke sold 5,000 shares of authID stock. The stock was sold at an average price of $8.30, for a total transaction of $41,500.00.

authID Stock Performance

Shares of AUID opened at $8.66 on Tuesday. The company has a 50-day moving average price of $9.22 and a two-hundred day moving average price of $8.79. authID Inc. has a 12 month low of $5.61 and a 12 month high of $13.63.

authID (NASDAQ:AUID) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.34) earnings per share for the quarter. The company had revenue of $0.28 million during the quarter. authID had a negative net margin of 6,689.18% and a negative return on equity of 204.12%.

Hedge Funds Weigh In On authID

Hedge funds and other institutional investors have recently made changes to their positions in the company. Brighton Jones LLC bought a new stake in authID in the 2nd quarter valued at $191,000. Leo Wealth LLC raised its stake in shares of authID by 32.0% during the 1st quarter. Leo Wealth LLC now owns 171,885 shares of the company’s stock worth $1,311,000 after purchasing an additional 41,667 shares in the last quarter. Johnson Financial Group Inc. raised its position in authID by 100.0% during the fourth quarter. Johnson Financial Group Inc. now owns 40,610 shares of the company’s stock worth $384,000 after acquiring an additional 20,305 shares in the last quarter. Finally, Wealthspire Advisors LLC lifted its stake in authID by 126.3% in the 4th quarter. Wealthspire Advisors LLC now owns 29,867 shares of the company’s stock valued at $283,000 after purchasing an additional 16,667 shares during the last quarter. 8.83% of the stock is owned by institutional investors.

About authID

authID Inc provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company offers solutions through its Verified platform to enable their users to easily verify and authenticate their identity through a mobile device or desktop.