Intellicheck, Inc. (NASDAQ:IDN) Short Interest Update

Intellicheck, Inc. (NASDAQ:IDN) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 694,191 shares, an increase of 102.6% from the April 30th total of 342,632 shares. Based on an average daily trading volume, of 850,192 shares, the days-to-cover ratio is currently 0.8 days. Currently, 3.7% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Weiss Ratings lowered shares of Intellicheck from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, May 21st. DA Davidson reiterated a “buy” rating and set a $7.50 target price on shares of Intellicheck in a report on Wednesday, May 13th. Wall Street Zen raised Intellicheck from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 23rd. Craig Hallum downgraded Intellicheck from a “buy” rating to a “hold” rating and set a $6.50 price target on the stock. in a research note on Wednesday, May 13th. Finally, Zacks Research upgraded Intellicheck from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 10th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $7.38.

Insider Buying and Selling at Intellicheck

In related news, CEO Bryan Lewis sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $8.05, for a total transaction of $80,500.00. Following the completion of the transaction, the chief executive officer owned 40,000 shares in the company, valued at $322,000. This represents a 20.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 40,000 shares of company stock valued at $320,400. 7.76% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC increased its stake in shares of Intellicheck by 11.3% during the 1st quarter. Renaissance Technologies LLC now owns 485,835 shares of the company’s stock valued at $3,396,000 after acquiring an additional 49,470 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Intellicheck in the first quarter valued at approximately $361,000. Sei Investments Co. boosted its holdings in Intellicheck by 22.1% in the first quarter. Sei Investments Co. now owns 175,210 shares of the company’s stock worth $1,225,000 after acquiring an additional 31,693 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Intellicheck by 83.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 55,419 shares of the company’s stock valued at $387,000 after purchasing an additional 25,213 shares during the period. Finally, AIGH Capital Management LLC increased its position in shares of Intellicheck by 25.0% during the first quarter. AIGH Capital Management LLC now owns 1,517,249 shares of the company’s stock valued at $10,606,000 after acquiring an additional 303,815 shares in the last quarter. Institutional investors and hedge funds own 42.79% of the company’s stock.

Intellicheck Price Performance

Intellicheck stock traded down $0.07 during trading hours on Monday, hitting $4.36. The company had a trading volume of 289,878 shares, compared to its average volume of 368,601. Intellicheck has a fifty-two week low of $4.00 and a fifty-two week high of $9.08. The firm has a market capitalization of $88.19 million, a P/E ratio of 39.73 and a beta of 0.80. The firm’s fifty day moving average is $6.63 and its 200-day moving average is $6.10.

Intellicheck (NASDAQ:IDN) last released its earnings results on Tuesday, May 12th. The company reported $0.03 EPS for the quarter, hitting the consensus estimate of $0.03. The business had revenue of $5.52 million during the quarter. Intellicheck had a return on equity of 11.26% and a net margin of 9.56%. Analysts anticipate that Intellicheck will post 0.17 earnings per share for the current year.

About Intellicheck

Intellicheck, Inc is a provider of mobile identity verification and authentication solutions designed to help organizations verify credentials and combat fraud. The company’s technology leverages optical character recognition, machine learning, and biometric facial recognition to validate government‐issued IDs, passports, and other identity documents in real time. These solutions are deployed via on‐premises hardware or cloud‐based platforms, enabling clients to integrate identity checks directly into digital workflows and point‐of‐sale systems.

The firm’s flagship offerings include mobile credential scanning applications and software development kits (SDKs) that support Know Your Customer (KYC), Anti–Money Laundering (AML), age verification, and regulatory compliance across multiple industries.