Intellicheck (NASDAQ:IDN) CTO Sells $23,421.00 in Stock

Intellicheck, Inc. (NASDAQ:IDN) CTO Jonathan Robins sold 5,550 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $4.22, for a total value of $23,421.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Intellicheck Trading Down 1.2%

Shares of IDN opened at $4.09 on Friday. The stock’s 50-day moving average price is $6.00 and its two-hundred day moving average price is $5.91. Intellicheck, Inc. has a 12 month low of $3.95 and a 12 month high of $9.08. The company has a market capitalization of $82.82 million, a PE ratio of 37.19 and a beta of 0.80.

Intellicheck (NASDAQ:IDN) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.03 earnings per share for the quarter, meeting the consensus estimate of $0.03. The company 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%. Equities research analysts predict that Intellicheck, Inc. will post 0.17 EPS for the current fiscal year.

Institutional Investors Weigh In On Intellicheck

A number of hedge funds have recently added to or reduced their stakes in IDN. PFG Investments LLC acquired a new position in Intellicheck in the fourth quarter valued at approximately $70,000. Occudo Quantitative Strategies LP acquired a new stake in shares of Intellicheck during the 2nd quarter worth approximately $65,000. Jump Financial LLC acquired a new stake in shares of Intellicheck during the 2nd quarter worth approximately $66,000. JPMorgan Chase & Co. increased its stake in shares of 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 in the last quarter. Finally, Tower Research Capital LLC TRC bought a new stake in shares of Intellicheck in the 2nd quarter valued at $79,000. 42.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have issued reports on IDN shares. Craig Hallum lowered shares of Intellicheck from a “buy” rating to a “hold” rating and set a $6.50 price target for the company. in a report on Wednesday, May 13th. Wall Street Zen lowered shares of Intellicheck from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 6th. Zacks Research upgraded shares of Intellicheck from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 10th. Weiss Ratings upgraded shares of Intellicheck from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, June 5th. Finally, DA Davidson reissued a “buy” rating and set a $7.50 target price 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 assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Intellicheck currently has a consensus rating of “Moderate Buy” and a consensus price target of $7.38.

Intellicheck Company Profile

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.