Truist Financial Corp Has $313,000 Stock Holdings in Intellicheck, Inc. $IDN

Truist Financial Corp raised its position in Intellicheck, Inc. (NYSE:IDN) by 28.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,105 shares of the company’s stock after buying an additional 12,737 shares during the quarter. Truist Financial Corp owned 0.29% of Intellicheck worth $313,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Virtu Financial LLC bought a new stake in shares of Intellicheck during the 1st quarter valued at $45,000. XTX Topco Ltd bought a new stake in shares of Intellicheck during the 1st quarter valued at $63,000. Finally, Wilkinson Global Asset Management LLC lifted its position 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 during the period. 42.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on the company. DA Davidson upped their price objective on Intellicheck from $5.50 to $6.50 and gave the stock a “buy” rating in a research report on Wednesday, August 13th. HC Wainwright restated a “buy” rating and set a $6.00 price objective on shares of Intellicheck in a research report on Wednesday, August 13th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Intellicheck has an average rating of “Buy” and a consensus target price of $6.17.

Intellicheck Trading Up 1.8%

Intellicheck stock opened at $4.58 on Friday. The company has a market capitalization of $91.77 million, a PE ratio of -152.67 and a beta of 1.35. Intellicheck, Inc. has a 12 month low of $2.12 and a 12 month high of $6.49. The stock has a 50-day moving average price of $5.23 and a two-hundred day moving average price of $4.57.

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.