Intellicheck Mobilisa, Inc. (NASDAQ:IDN) Receives $7.25 Average Target Price from Brokerages

Shares of Intellicheck Mobilisa, Inc. (NASDAQ:IDN) have been assigned an average rating of “Moderate Buy” from the six brokerages that are currently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $7.25.

IDN has been the subject of a number of recent research reports. HC Wainwright reissued a “buy” rating and issued a $8.50 price objective (up from $6.00) on shares of Intellicheck Mobilisa in a research note on Tuesday, December 16th. Zacks Research downgraded shares of Intellicheck Mobilisa from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 12th. Wall Street Zen raised shares of Intellicheck Mobilisa from a “hold” rating to a “buy” rating in a research note on Saturday, March 21st. DA Davidson reissued a “neutral” rating and issued a $7.50 price objective on shares of Intellicheck Mobilisa in a research note on Friday, March 20th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Intellicheck Mobilisa in a research note on Monday, December 29th.

Insider Buying and Selling

In related news, CEO Bryan Lewis sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $7.53, for a total value of $75,300.00. Following the completion of the transaction, the chief executive officer owned 70,000 shares of the company’s stock, valued at $527,100. The trade was a 12.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 6.88% of the stock is owned by company insiders.

Hedge Funds Weigh In On Intellicheck Mobilisa

Institutional investors and hedge funds have recently bought and sold shares of the company. Occudo Quantitative Strategies LP purchased a new position in Intellicheck Mobilisa in the second quarter worth $65,000. Jump Financial LLC purchased a new position in Intellicheck Mobilisa in the second quarter worth $66,000. PFG Investments LLC purchased a new position in Intellicheck Mobilisa in the fourth quarter worth $70,000. JPMorgan Chase & Co. grew its holdings in Intellicheck Mobilisa by 21,267.7% in the second quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock worth $75,000 after purchasing an additional 13,824 shares during the last quarter. Finally, Tower Research Capital LLC TRC purchased a new position in Intellicheck Mobilisa in the second quarter worth $79,000. 42.79% of the stock is owned by hedge funds and other institutional investors.

Intellicheck Mobilisa Stock Performance

Intellicheck Mobilisa stock opened at $7.83 on Monday. The company has a market capitalization of $158.48 million, a PE ratio of 130.52 and a beta of 1.00. Intellicheck Mobilisa has a fifty-two week low of $2.17 and a fifty-two week high of $8.48. The company has a 50 day moving average price of $5.43 and a 200-day moving average price of $5.65.

Intellicheck Mobilisa Company Profile

Intellicheck Mobilisa, 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.