XTX Topco Ltd Makes New Investment in Intellicheck, Inc. (NYSE:IDN)

XTX Topco Ltd acquired a new position in shares of Intellicheck, Inc. (NYSE:IDN) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 20,859 shares of the company’s stock, valued at approximately $63,000. XTX Topco Ltd owned approximately 0.11% of Intellicheck as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northern Trust Corp grew its position in Intellicheck by 20.7% during the 4th quarter. Northern Trust Corp now owns 33,925 shares of the company’s stock worth $95,000 after purchasing an additional 5,827 shares in the last quarter. Renaissance Technologies LLC grew its holdings in shares of Intellicheck by 9.5% during the 4th quarter. Renaissance Technologies LLC now owns 114,000 shares of the company’s stock valued at $319,000 after acquiring an additional 9,900 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Intellicheck by 4.8% during the 4th quarter. Geode Capital Management LLC now owns 199,835 shares of the company’s stock valued at $560,000 after acquiring an additional 9,166 shares in the last quarter. Wilkinson Global Asset Management LLC grew its holdings in shares of Intellicheck by 5.2% during the 1st quarter. Wilkinson Global Asset Management LLC now owns 216,116 shares of the company’s stock valued at $655,000 after acquiring an additional 10,714 shares in the last quarter. Finally, Captrust Financial Advisors purchased a new position in shares of Intellicheck during the 4th quarter valued at $676,000. 42.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. HC Wainwright restated a “buy” rating and set a $6.00 price target on shares of Intellicheck in a report on Wednesday. Craig Hallum upgraded shares of Intellicheck from a “hold” rating to a “buy” rating and set a $6.00 price target on the stock in a report on Wednesday, May 21st. DA Davidson set a $6.50 price target on shares of Intellicheck and gave the company a “buy” rating in a report on Wednesday. Finally, Wall Street Zen raised shares of Intellicheck from a “hold” rating to a “buy” rating in a research note on Wednesday, June 18th.

Intellicheck Trading Up 3.7%

IDN stock opened at $5.02 on Friday. Intellicheck, Inc. has a 1 year low of $1.92 and a 1 year high of $6.49. The company has a fifty day simple moving average of $5.24 and a 200 day simple moving average of $3.74. The firm has a market cap of $99.62 million, a PE ratio of -167.33 and a beta of 1.21.

Insiders Place Their Bets

In other Intellicheck news, Director Gregory Braca sold 7,703 shares of the business’s stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $4.33, for a total transaction of $33,353.99. Following the completion of the transaction, the director owned 823 shares of the company’s stock, valued at $3,563.59. The trade was a 90.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 6.88% of the stock is currently owned by corporate insiders.

About Intellicheck

Intellicheck, Inc, a technology company, provides on-demand digital identity validation solutions for KYC, fraud, and age verification needs in North America. The company offers solutions for digital and physical identities for financial services, fintech companies, BNPL providers, e-commerce and retail commerce businesses, law enforcement, and government agencies.