Intrusion (NASDAQ:INTZ) Given New $1.00 Price Target at HC Wainwright

Intrusion (NASDAQ:INTZ) had its target price trimmed by HC Wainwright from $2.00 to $1.00 in a research report sent to investors on Monday,Benzinga reports. The brokerage currently has a neutral rating on the stock.

A number of other brokerages have also commented on INTZ. Weiss Ratings reiterated a “sell (e+)” rating on shares of Intrusion in a research report on Monday, December 29th. Wall Street Zen raised shares of Intrusion from a “sell” rating to a “hold” rating in a research report on Saturday, January 10th. Finally, Ascendiant Capital Markets lifted their price objective on shares of Intrusion from $12.00 to $12.50 and gave the company a “buy” rating in a research note on Monday, December 8th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Intrusion currently has a consensus rating of “Hold” and an average target price of $6.75.

Intrusion Price Performance

Shares of INTZ stock opened at $0.83 on Monday. The business has a fifty day moving average of $1.04 and a 200 day moving average of $1.38. Intrusion has a 1 year low of $0.75 and a 1 year high of $2.64. The firm has a market capitalization of $16.93 million, a price-to-earnings ratio of -1.85 and a beta of -2.02.

Intrusion (NASDAQ:INTZ) last posted its quarterly earnings results on Tuesday, March 24th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.05). The firm had revenue of $1.48 million for the quarter, compared to analysts’ expectations of $2.06 million. Intrusion had a negative net margin of 127.65% and a negative return on equity of 86.02%. As a group, equities research analysts expect that Intrusion will post -1.63 earnings per share for the current year.

Institutional Trading of Intrusion

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Potomac Capital Management Inc. purchased a new position in Intrusion during the fourth quarter valued at approximately $544,000. Geode Capital Management LLC lifted its holdings in Intrusion by 8.9% in the fourth quarter. Geode Capital Management LLC now owns 187,408 shares of the company’s stock valued at $216,000 after acquiring an additional 15,344 shares during the period. Tritonpoint Wealth LLC boosted its position in Intrusion by 352.0% in the 4th quarter. Tritonpoint Wealth LLC now owns 158,890 shares of the company’s stock worth $183,000 after purchasing an additional 123,740 shares in the last quarter. State Street Corp boosted its position in Intrusion by 11.6% in the 4th quarter. State Street Corp now owns 102,765 shares of the company’s stock worth $118,000 after purchasing an additional 10,700 shares in the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in shares of Intrusion during the 3rd quarter worth approximately $91,000. 19.43% of the stock is owned by institutional investors and hedge funds.

About Intrusion

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.