authID Inc. (NASDAQ:AUID - Get Free Report) shares dropped 1.8% on Monday . The company traded as low as $5.97 and last traded at $6.13. Approximately 27,338 shares changed hands during mid-day trading, an increase of 38% from the average daily volume of 19,779 shares. The stock had previously closed at $6.24.
authID Stock Down 2.8 %
The stock's 50 day moving average price is $6.52 and its 200-day moving average price is $7.64.
Insider Transactions at authID
In other news, Director Ken Jisser bought 8,000 shares of the business's stock in a transaction dated Monday, December 9th. The shares were purchased at an average price of $6.48 per share, for a total transaction of $51,840.00. Following the completion of the acquisition, the director now owns 51,475 shares of the company's stock, valued at approximately $333,558. This trade represents a 18.40 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Rhoniel Daguro purchased 4,000 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were purchased at an average price of $6.48 per share, with a total value of $25,920.00. Following the completion of the acquisition, the chief executive officer now directly owns 24,833 shares in the company, valued at $160,917.84. The trade was a 19.20 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 5,001 shares of company stock worth $32,597. Company insiders own 6.60% of the company's stock.
Institutional Trading of authID
An institutional investor recently bought a new position in authID stock. Brighton Jones LLC acquired a new position in authID Inc. (NASDAQ:AUID - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 18,392 shares of the company's stock, valued at approximately $191,000. Brighton Jones LLC owned 0.19% of authID as of its most recent filing with the Securities and Exchange Commission. 8.83% of the stock is currently owned by institutional investors and hedge funds.
About authID
(
Get Free Report)
authID Inc provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company offers solutions through its Verified platform to enable their users to easily verify and authenticate their identity through a mobile device or desktop.
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