Intellicheck, Inc. (NYSE:IDN) Stake Trimmed by AIGH Capital Management LLC

AIGH Capital Management LLC cut its position in shares of Intellicheck, Inc. (NYSE:IDN) by 8.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,617,696 shares of the company’s stock after selling 150,036 shares during the period. Intellicheck comprises 1.4% of AIGH Capital Management LLC’s holdings, making the stock its 22nd largest position. AIGH Capital Management LLC owned about 0.08% of Intellicheck worth $4,530,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Hilltop Holdings Inc. acquired a new stake in shares of Intellicheck during the third quarter valued at approximately $43,000. Garden State Investment Advisory Services LLC raised its stake in Intellicheck by 3.7% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 269,357 shares of the company’s stock valued at $585,000 after purchasing an additional 9,500 shares during the period. Wilkinson Global Asset Management LLC lifted its holdings in shares of Intellicheck by 7.2% in the fourth quarter. Wilkinson Global Asset Management LLC now owns 205,402 shares of the company’s stock valued at $575,000 after purchasing an additional 13,825 shares in the last quarter. Cutter & CO Brokerage Inc. purchased a new stake in shares of Intellicheck in the fourth quarter valued at $64,000. Finally, CIBC Private Wealth Group LLC grew its holdings in shares of Intellicheck by 9.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 64,336 shares of the company’s stock valued at $173,000 after buying an additional 5,760 shares in the last quarter. 42.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on IDN. HC Wainwright restated a “buy” rating and set a $4.00 price objective on shares of Intellicheck in a research report on Friday, March 21st. StockNews.com initiated coverage on shares of Intellicheck in a report on Saturday. They set a “sell” rating for the company.

Intellicheck Trading Up 11.2 %

IDN opened at $2.88 on Friday. The stock has a fifty day moving average price of $2.61 and a 200 day moving average price of $2.53. Intellicheck, Inc. has a 1 year low of $1.92 and a 1 year high of $4.46. The stock has a market cap of $56.91 million, a price-to-earnings ratio of -96.00 and a beta of 1.90.

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.