AIGH Capital Management LLC decreased its position in Intellicheck, Inc. (NYSE:IDN - Free Report) by 8.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,617,696 shares of the company's stock after selling 150,036 shares during the period. Intellicheck accounts for 1.4% of AIGH Capital Management LLC's portfolio, making the stock its 22nd largest position. AIGH Capital Management LLC owned 8.19% of Intellicheck worth $4,530,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hilltop Holdings Inc. acquired a new stake in shares of Intellicheck during the 3rd quarter worth approximately $43,000. Corient Private Wealth LLC bought a new stake in shares of Intellicheck during the 4th quarter valued at $56,000. Cutter & CO Brokerage Inc. acquired a new position in shares of Intellicheck in the 4th quarter valued at $64,000. CIBC Private Wealth Group LLC boosted its position in shares of Intellicheck by 9.8% in the 4th quarter. CIBC Private Wealth Group LLC now owns 64,336 shares of the company's stock worth $173,000 after purchasing an additional 5,760 shares during the last quarter. Finally, Wilkinson Global Asset Management LLC grew its stake in shares of Intellicheck by 7.2% during the fourth quarter. Wilkinson Global Asset Management LLC now owns 205,402 shares of the company's stock worth $575,000 after purchasing an additional 13,825 shares during the period. 42.79% of the stock is currently owned by institutional investors and hedge funds.
Intellicheck Stock Performance
NYSE:IDN traded down $0.14 on Thursday, reaching $2.81. The company's stock had a trading volume of 86,109 shares, compared to its average volume of 77,497. Intellicheck, Inc. has a 1-year low of $1.92 and a 1-year high of $4.46. The business's 50-day moving average price is $2.62 and its two-hundred day moving average price is $2.55. The firm has a market cap of $55.53 million, a PE ratio of -93.67 and a beta of 1.90.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on IDN. StockNews.com assumed coverage on Intellicheck in a report on Saturday, March 29th. They set a "sell" rating on the stock. HC Wainwright reissued a "buy" rating and set a $4.00 price objective on shares of Intellicheck in a research note on Friday, March 21st.
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Intellicheck Company Profile
(
Free Report)
Intellicheck, Inc, a technology company, provides on-demand digital identity validation solutions for KYC, fraud, and age verification needs in North America. The company offers solutions for digital and physical identities for financial services, fintech companies, BNPL providers, e-commerce and retail commerce businesses, law enforcement, and government agencies.
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