Analysts Set Intellicheck, Inc. (NASDAQ:IDN) Price Target at $7.38

Intellicheck, Inc. (NASDAQ:IDN) has received an average rating of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $7.3750.

A number of research analysts have recently weighed in on the company. Weiss Ratings cut Intellicheck from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, June 24th. Wall Street Zen lowered shares of Intellicheck from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 6th. Zacks Research lowered shares of Intellicheck from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. DA Davidson reaffirmed a “buy” rating and set a $7.50 price target on shares of Intellicheck in a report on Wednesday, May 13th. Finally, Craig Hallum downgraded shares of Intellicheck from a “buy” rating to a “hold” rating and set a $6.50 price target on the stock. in a report on Wednesday, May 13th.

Insider Activity at Intellicheck

In related news, CEO Bryan Lewis sold 10,000 shares of Intellicheck stock in a transaction on Monday, April 27th. The shares were sold at an average price of $8.05, for a total transaction of $80,500.00. Following the transaction, the chief executive officer owned 40,000 shares in the company, valued at approximately $322,000. The trade was a 20.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 25,550 shares of company stock worth $189,021. 7.76% of the stock is owned by company insiders.

Institutional Investors Weigh In On Intellicheck

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Occudo Quantitative Strategies LP bought a new position in shares of Intellicheck in the second quarter worth about $65,000. Jump Financial LLC purchased a new stake in shares of Intellicheck during the second quarter worth about $66,000. PFG Investments LLC bought a new stake in Intellicheck during the 4th quarter valued at approximately $70,000. JPMorgan Chase & Co. lifted its holdings in Intellicheck by 21,267.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock worth $75,000 after purchasing an additional 13,824 shares in the last quarter. Finally, Tower Research Capital LLC TRC purchased a new position in Intellicheck in the 2nd quarter worth approximately $79,000. 42.79% of the stock is owned by institutional investors.

Intellicheck Stock Performance

Shares of Intellicheck stock opened at $3.73 on Wednesday. The stock has a market cap of $75.53 million, a P/E ratio of 33.91 and a beta of 0.80. The stock’s fifty day moving average is $4.31 and its 200 day moving average is $5.55. Intellicheck has a one year low of $3.66 and a one year high of $9.08.

Intellicheck (NASDAQ:IDN) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.03 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.03. The business had revenue of $5.52 million during the quarter. Intellicheck had a return on equity of 11.26% and a net margin of 9.56%. Analysts predict that Intellicheck will post 0.17 EPS for the current year.

About Intellicheck

Intellicheck, Inc is a provider of mobile identity verification and authentication solutions designed to help organizations verify credentials and combat fraud. The company’s technology leverages optical character recognition, machine learning, and biometric facial recognition to validate government‐issued IDs, passports, and other identity documents in real time. These solutions are deployed via on‐premises hardware or cloud‐based platforms, enabling clients to integrate identity checks directly into digital workflows and point‐of‐sale systems.

The firm’s flagship offerings include mobile credential scanning applications and software development kits (SDKs) that support Know Your Customer (KYC), Anti–Money Laundering (AML), age verification, and regulatory compliance across multiple industries.