Intellicheck (NYSE:IDN) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Intellicheck (NYSE:IDN - Free Report) in a research note published on Saturday. The brokerage issued a sell rating on the stock.

Separately, HC Wainwright reiterated a "buy" rating and set a $4.00 target price on shares of Intellicheck in a research report on Friday, March 21st.

Intellicheck Price Performance

Intellicheck stock traded down $0.08 during mid-day trading on Friday, reaching $2.95. The company had a trading volume of 257,748 shares, compared to its average volume of 77,788. The stock's 50-day simple moving average is $2.62 and its 200-day simple moving average is $2.55. The company has a market capitalization of $58.30 million, a P/E ratio of -98.33 and a beta of 1.90. Intellicheck has a 1 year low of $1.92 and a 1 year high of $4.46.

Institutional Investors Weigh In On Intellicheck

Large investors have recently bought and sold shares of the stock. Hilltop Holdings Inc. purchased a new stake in Intellicheck during the 3rd quarter worth about $43,000. Corient Private Wealth LLC purchased a new position in shares of Intellicheck during the fourth quarter valued at approximately $56,000. Cutter & CO Brokerage Inc. acquired a new stake in Intellicheck during the fourth quarter worth approximately $64,000. Northern Trust Corp grew its stake in Intellicheck by 20.7% in the 4th quarter. Northern Trust Corp now owns 33,925 shares of the company's stock worth $95,000 after acquiring an additional 5,827 shares during the period. Finally, CIBC Private Wealth Group LLC raised its holdings in Intellicheck by 9.8% in the 4th quarter. CIBC Private Wealth Group LLC now owns 64,336 shares of the company's stock valued at $173,000 after acquiring an additional 5,760 shares during the last quarter. Institutional investors and hedge funds own 42.79% of the company's stock.

Intellicheck Company Profile

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.