Intellicheck, Inc. (NYSE:IDN) Shares Acquired by Wilkinson Global Asset Management LLC

Wilkinson Global Asset Management LLC increased its stake in shares of Intellicheck, Inc. (NYSE:IDN) by 4.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 182,805 shares of the company’s stock after purchasing an additional 8,621 shares during the period. Wilkinson Global Asset Management LLC owned 0.94% of Intellicheck worth $625,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Truist Financial Corp raised its holdings in shares of Intellicheck by 21.8% during the fourth quarter. Truist Financial Corp now owns 37,279 shares of the company’s stock valued at $71,000 after acquiring an additional 6,667 shares during the last quarter. 42.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. HC Wainwright lowered their price target on Intellicheck from $5.00 to $4.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. StockNews.com lowered shares of Intellicheck from a “buy” rating to a “hold” rating in a report on Monday, August 12th. Finally, DA Davidson downgraded shares of Intellicheck from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $5.00 to $2.00 in a research note on Friday, August 9th.

Insider Activity

In related news, CFO Jeffrey Ishmael sold 26,499 shares of the firm’s stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $3.69, for a total transaction of $97,781.31. Following the completion of the sale, the chief financial officer now directly owns 259,904 shares of the company’s stock, valued at approximately $959,045.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 8.87% of the company’s stock.

Intellicheck Stock Down 2.9 %

Shares of IDN traded down $0.06 during midday trading on Friday, reaching $2.03. The company had a trading volume of 37,967 shares, compared to its average volume of 226,682. The firm has a 50 day simple moving average of $2.81 and a 200-day simple moving average of $2.88. Intellicheck, Inc. has a 1-year low of $1.56 and a 1-year high of $4.46. The stock has a market cap of $39.52 million, a PE ratio of -40.60 and a beta of 1.98.

Intellicheck (NYSE:IDN) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). The firm had revenue of $4.67 million for the quarter, compared to analyst estimates of $4.91 million. Intellicheck had a negative net margin of 2.36% and a negative return on equity of 2.05%. During the same quarter in the previous year, the company earned ($0.04) EPS. As a group, sell-side analysts anticipate that Intellicheck, Inc. will post -0.03 earnings per share for the current fiscal year.

Intellicheck 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.