Intellicheck (NYSE:IDN - Get Free Report)'s stock had its "buy" rating reissued by analysts at HC Wainwright in a report released on Thursday,Benzinga reports. They presently have a $4.00 price objective on the stock. HC Wainwright's price target suggests a potential upside of 66.67% from the stock's current price.
IDN has been the topic of a number of other reports. DA Davidson lowered shares of Intellicheck from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $5.00 to $2.00 in a report on Friday, August 9th. StockNews.com cut Intellicheck from a "buy" rating to a "hold" rating in a research note on Monday, August 12th.
Check Out Our Latest Stock Report on Intellicheck
Intellicheck Trading Down 11.1 %
Shares of NYSE:IDN traded down $0.30 on Thursday, reaching $2.40. The company had a trading volume of 189,173 shares, compared to its average volume of 191,862. The firm has a market capitalization of $46.87 million, a PE ratio of -119.50 and a beta of 1.95. The firm's 50 day simple moving average is $2.24 and its 200-day simple moving average is $2.76. Intellicheck has a 52-week low of $1.56 and a 52-week high of $4.46.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in IDN. AIGH Capital Management LLC boosted its position in Intellicheck by 16.8% during the second quarter. AIGH Capital Management LLC now owns 1,767,732 shares of the company's stock worth $6,046,000 after purchasing an additional 253,706 shares in the last quarter. Dimensional Fund Advisors LP purchased a new stake in shares of Intellicheck in the 2nd quarter worth about $47,000. B. Riley Wealth Advisors Inc. acquired a new stake in Intellicheck in the 1st quarter valued at about $43,000. Finally, Wilkinson Global Asset Management LLC increased its holdings in Intellicheck by 4.8% during the 3rd quarter. Wilkinson Global Asset Management LLC now owns 191,577 shares of the company's stock valued at $416,000 after acquiring an additional 8,772 shares in the last quarter. Hedge funds and other institutional investors own 42.79% of the company's stock.
Intellicheck Company Profile
(
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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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