Gareth Neville Genner Purchases 6,500 Shares of T Stamp (NASDAQ:IDAI) Stock

T Stamp Inc. (NASDAQ:IDAI) CEO Gareth Neville Genner bought 6,500 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was acquired at an average price of $2.48 per share, for a total transaction of $16,120.00. Following the acquisition, the chief executive officer directly owned 139,275 shares in the company, valued at $345,402. This trade represents a 4.90% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Gareth Neville Genner also recently made the following trade(s):

• On Thursday, August 20th, Gareth Neville Genner purchased 9,394 shares of T Stamp stock. The stock was bought at an average cost of $3.04 per share, with a total value of $28,557.76.
• On Wednesday, August 19th, Gareth Neville Genner purchased 606 shares of T Stamp stock. The shares were bought at an average price of $2.55 per share, with a total value of $1,545.30.
• On Thursday, August 20th, Gareth Neville Genner purchased 800 shares of T Stamp stock. The shares were bought at an average price of $3.09 per share, with a total value of $2,472.00.

T Stamp Stock Performance

Shares of IDAI opened at $3.20 on Friday. The company has a market capitalization of $18.04 million, a PE ratio of -1.59 and a beta of 0.70. The company has a debt-to-equity ratio of 1.28, a quick ratio of 6.48 and a current ratio of 6.48. The company’s 50 day moving average price is $2.27 and its 200 day moving average price is $2.42. T Stamp Inc. has a 52 week low of $1.17 and a 52 week high of $5.28.

T Stamp (NASDAQ:IDAI) last released its earnings results on Thursday, August 13th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.14). The company had revenue of $0.90 million during the quarter, compared to analysts’ expectations of $0.90 million. T Stamp had a negative return on equity of 137.70% and a negative net margin of 272.78%. Research analysts expect that T Stamp Inc. will post -1.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised T Stamp to a “hold” rating in a research report on Wednesday, May 20th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, T Stamp currently has an average rating of “Moderate Buy” and a consensus target price of $12.00.

Institutional Trading of T Stamp

A number of institutional investors have recently added to or reduced their stakes in IDAI. MidFirst Bank bought a new stake in T Stamp in the fourth quarter worth approximately $30,000. Dimensional Fund Advisors LP bought a new position in shares of T Stamp during the 1st quarter valued at $44,000. Geode Capital Management LLC lifted its stake in shares of T Stamp by 67.7% in the 4th quarter. Geode Capital Management LLC now owns 32,517 shares of the company’s stock valued at $127,000 after purchasing an additional 13,125 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in shares of T Stamp by 7.7% in the 1st quarter. Kestra Advisory Services LLC now owns 56,050 shares of the company’s stock valued at $134,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in T Stamp in the fourth quarter worth $220,000. 16.34% of the stock is currently owned by institutional investors and hedge funds.

T Stamp Company Profile

T Stamp Inc develops and markets identity authentication software solutions for government and enterprise partners, and peer-to-peer markets worldwide. It develops proprietary artificial intelligence-powered solutions, researching and leveraging machine learning, artificial intelligence, biometric science, cryptography, and data mining to deliver insightful identity and trust predictions that identify and defend against fraudulent identity attacks, protect sensitive user information, and extend the reach of digital services through global accessibility.