authID Inc. (NASDAQ:AUID - Get Free Report)'s share price traded down 3.4% on Monday . The stock traded as low as $6.03 and last traded at $6.30. 40,622 shares were traded during mid-day trading, an increase of 72% from the average session volume of 23,609 shares. The stock had previously closed at $6.52.
authID Trading Up 2.2 %
The company's 50-day simple moving average is $6.80 and its 200-day simple moving average is $7.98.
Insider Buying and Selling
In other authID news, Director Ken Jisser bought 8,000 shares of the firm's stock in a transaction on 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 transaction, the director now directly owns 51,475 shares in the company, valued at approximately $333,558. This trade represents a 18.40 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Rhoniel Daguro purchased 4,000 shares of the company's stock in a transaction dated Monday, December 9th. The stock was acquired at an average price of $6.48 per share, with a total value of $25,920.00. Following the completion of the transaction, the chief executive officer now owns 24,833 shares of the company's stock, valued at $160,917.84. This represents a 19.20 % increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 4,001 shares of company stock valued at $26,297. Insiders own 6.60% of the company's stock.
Hedge Funds Weigh In On authID
An institutional investor recently raised its position in authID stock. Geode Capital Management LLC increased its stake in authID Inc. (NASDAQ:AUID - Free Report) by 43.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 97,847 shares of the company's stock after purchasing an additional 29,810 shares during the period. Geode Capital Management LLC owned approximately 0.90% of authID worth $616,000 as of its most recent filing with the SEC. 8.83% of the stock is owned by institutional investors.
About authID
(
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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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