Intellicheck, Inc. (NASDAQ:IDN) Short Interest Update

Intellicheck, Inc. (NASDAQ:IDN) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 694,191 shares, a growth of 102.6% from the April 30th total of 342,632 shares. Approximately 3.7% of the shares of the company are sold short. Based on an average trading volume of 850,192 shares, the days-to-cover ratio is presently 0.8 days.

Intellicheck Trading Down 1.5%

NASDAQ IDN traded down $0.07 during trading on Monday, reaching $4.36. The company’s stock had a trading volume of 289,878 shares, compared to its average volume of 368,601. The firm has a 50 day moving average price of $6.63 and a 200 day moving average price of $6.10. Intellicheck has a 12 month low of $4.00 and a 12 month high of $9.08. The firm has a market capitalization of $88.19 million, a price-to-earnings ratio of 39.73 and a beta of 0.80.

Intellicheck (NASDAQ:IDN) last announced its earnings results on Tuesday, May 12th. The company reported $0.03 EPS for the quarter, hitting the consensus estimate of $0.03. The company had revenue of $5.52 million for the quarter. Intellicheck had a net margin of 9.56% and a return on equity of 11.26%. On average, equities analysts forecast that Intellicheck will post 0.17 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Bryan Lewis sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $8.05, for a total value of $80,500.00. Following the completion of the sale, the chief executive officer directly owned 40,000 shares in the company, valued at approximately $322,000. The trade was a 20.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 40,000 shares of company stock worth $320,400. Company insiders own 7.76% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Occudo Quantitative Strategies LP purchased a new position in Intellicheck during the 2nd quarter worth $65,000. Jump Financial LLC purchased a new stake in shares of Intellicheck during the second quarter worth approximately $66,000. PFG Investments LLC acquired a new stake in shares of Intellicheck during the fourth quarter worth about $70,000. JPMorgan Chase & Co. raised 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 valued at $75,000 after acquiring an additional 13,824 shares during the last quarter. Finally, Tower Research Capital LLC TRC acquired a new position in Intellicheck during the second quarter worth $79,000. Institutional investors and hedge funds own 42.79% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on IDN. Craig Hallum cut shares of Intellicheck from a “buy” rating to a “hold” rating and set a $6.50 target price for the company. in a research note on Wednesday, May 13th. Weiss Ratings lowered Intellicheck from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, May 21st. Wall Street Zen raised Intellicheck from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 23rd. Zacks Research upgraded shares of Intellicheck from a “hold” rating to a “strong-buy” rating in a report on Friday, April 10th. Finally, DA Davidson reiterated a “buy” rating and issued a $7.50 price objective on shares of Intellicheck in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $7.38.

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.