authID (NASDAQ:AUID) Shares Up 16.3% – Here’s Why

Posted by Stephan Jacobs on Oct 3rd, 2026

authID Inc. (NASDAQ:AUID – Get Free Report)’s stock price shot up 16.3% on Friday. The stock traded as high as $0.4498 and last traded at $0.4389. 8,612,293 shares were traded during mid-day trading, an increase of 4,063% from the average session volume of 206,899 shares. The stock had previously closed at $0.3775.

authID Stock Performance

The business’s 50 day simple moving average is $0.50 and its 200-day simple moving average is $0.93. The stock has a market capitalization of $7.34 million, a price-to-earnings ratio of -0.36 and a beta of 1.72.

authID (NASDAQ:AUID – Get Free Report) last posted its earnings results on Friday, August 14th. The company reported ($0.29) EPS for the quarter. authID had a negative return on equity of 297.48% and a negative net margin of 934.06%.The firm had revenue of $0.49 million during the quarter.

Institutional Trading of authID

A hedge fund recently bought a new position in authID stock. Allied Private Wealth LLC bought a new stake in shares of authID Inc. (NASDAQ:AUID – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 318,000 shares of the company’s stock, valued at approximately $375,000. Allied Private Wealth LLC owned approximately 1.97% of authID at the end of the most recent reporting period. Hedge funds and other institutional investors own 8.83% of the company’s stock.

About authID

(Get Free Report)

authID Inc (NASDAQ: AUID) is an identity verification and authentication technology company. It develops biometric solutions designed to help organizations confirm that users are real individuals and securely authenticate their identities, with the aim of reducing fraud and simplifying access to digital services.

The company’s offerings use facial biometrics and identity-document verification to support digital onboarding, account recovery, transaction approval and passwordless login. Its technology is intended for use by businesses and institutions in sectors such as financial services, healthcare, government and other industries that require secure remote identity verification.

authID was formerly known as Ipsidy Inc before adopting the authID name as part of its focus on biometric identity solutions.