Intrusion (NASDAQ:INTZ) Raised to Hold at Zacks Research

Intrusion (NASDAQ:INTZ) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

A number of other brokerages have also commented on INTZ. Ascendiant Capital Markets dropped their price target on Intrusion from $10.50 to $9.50 and set a “buy” rating for the company in a research note on Monday, June 8th. Weiss Ratings downgraded shares of Intrusion from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Intrusion presently has a consensus rating of “Hold” and an average price target of $5.25.

Intrusion Price Performance

Shares of NASDAQ:INTZ opened at $0.76 on Wednesday. Intrusion has a 1 year low of $0.66 and a 1 year high of $2.27. The company has a market cap of $17.30 million, a PE ratio of -1.46 and a beta of -1.57. The stock’s 50-day moving average is $0.80 and its 200 day moving average is $0.89.

Intrusion (NASDAQ:INTZ) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.09). Intrusion had a negative net margin of 169.48% and a negative return on equity of 129.84%. The business had revenue of $0.89 million for the quarter, compared to the consensus estimate of $2.02 million. Analysts expect that Intrusion will post -0.42 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Potomac Capital Management Inc. purchased a new position in shares of Intrusion in the 4th quarter valued at approximately $544,000. Geode Capital Management LLC grew its stake in Intrusion by 8.9% in the fourth quarter. Geode Capital Management LLC now owns 187,408 shares of the company’s stock worth $216,000 after purchasing an additional 15,344 shares during the period. State Street Corp grew its stake in Intrusion by 11.6% in the fourth quarter. State Street Corp now owns 102,765 shares of the company’s stock worth $118,000 after purchasing an additional 10,700 shares during the period. Jane Street Group LLC bought a new position in Intrusion in the fourth quarter worth $51,000. Finally, XTX Topco Ltd bought a new position in Intrusion in the fourth quarter worth $35,000. Hedge funds and other institutional investors own 19.43% of the company’s stock.

Intrusion Company Profile

Intrusion Inc, a cybersecurity company in the United States. The company offers its customers access to threat intelligence database, which contains the historical data, known associations, and reputational behavior of Internet Protocol addresses. It offers INTRUSION Shield, a zero trust reputation-based Software as a Service solution that inspects and kills dangerous network connections. The company also provides INTRUSION TraceCop, a big data tool that contains an inventory of network selectors and enrichments to support forensic investigations; and INTRUSION Savant, a network monitoring solution that uses the data available in TraceCop to identify suspicious traffic in real-time.