Intellicheck (NYSE:IDN) Trading Up 2.5% – What’s Next?

Intellicheck, Inc. (NYSE:IDN) traded up 2.5% during trading on Friday . The stock traded as high as $2.91 and last traded at $2.90. 137,241 shares were traded during trading, a decline of 16% from the average session volume of 163,171 shares. The stock had previously closed at $2.83.

Analyst Ratings Changes

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $4.00 price objective on shares of Intellicheck in a report on Thursday, November 14th.

Intellicheck Price Performance

The stock has a fifty day simple moving average of $2.68 and a 200-day simple moving average of $2.63. The company has a market capitalization of $57.31 million, a price-to-earnings ratio of -96.67 and a beta of 1.81.

Institutional Trading of Intellicheck

Institutional investors and hedge funds have recently made changes to their positions in the business. Hilltop Holdings Inc. acquired a new stake in Intellicheck in the 3rd quarter valued at $43,000. Dimensional Fund Advisors LP purchased a new position in Intellicheck during the second quarter valued at $47,000. Wilkinson Global Asset Management LLC grew its position in shares of Intellicheck by 4.8% in the third quarter. Wilkinson Global Asset Management LLC now owns 191,577 shares of the company’s stock valued at $416,000 after purchasing an additional 8,772 shares during the period. Garden State Investment Advisory Services LLC increased its stake in shares of Intellicheck by 3.7% during the third quarter. Garden State Investment Advisory Services LLC now owns 269,357 shares of the company’s stock worth $585,000 after purchasing an additional 9,500 shares in the last quarter. Finally, AIGH Capital Management LLC raised its position in shares of Intellicheck by 16.8% during the 2nd 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 during the last quarter. 42.79% of the stock is currently owned by hedge funds and other institutional investors.

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.