Ascendiant Capital Markets Cuts Intrusion (NASDAQ:INTZ) Price Target to $9.50

Intrusion (NASDAQ:INTZ) had its target price decreased by stock analysts at Ascendiant Capital Markets from $10.50 to $9.50 in a report released on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock.

Several other brokerages also recently weighed in on INTZ. Weiss Ratings downgraded Intrusion from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, May 29th. HC Wainwright lowered their price objective on Intrusion from $2.00 to $1.00 and set a “neutral” rating for the company in a research report on Monday, March 30th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Intrusion presently has a consensus rating of “Hold” and an average price target of $5.25.

Intrusion Price Performance

NASDAQ:INTZ opened at $0.77 on Monday. The business has a 50 day moving average of $0.81 and a 200 day moving average of $1.06. The company has a market capitalization of $15.68 million, a price-to-earnings ratio of -1.48 and a beta of -1.64. Intrusion has a 1-year low of $0.69 and a 1-year high of $2.64.

Intrusion (NASDAQ:INTZ) last released its earnings results on Thursday, May 14th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.09). Intrusion had a negative return on equity of 129.84% and a negative net margin of 169.48%.The firm had revenue of $0.89 million during the quarter, compared to the consensus estimate of $2.03 million. As a group, sell-side analysts anticipate that Intrusion will post -0.38 EPS for the current year.

Institutional Investors Weigh In On Intrusion

Institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC boosted its position in shares of Intrusion by 18.8% during the second quarter. Geode Capital Management LLC now owns 163,584 shares of the company’s stock valued at $375,000 after buying an additional 25,894 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of Intrusion during the second quarter valued at $55,000. GSA Capital Partners LLP purchased a new stake in shares of Intrusion during the third quarter valued at $91,000. Millennium Management LLC purchased a new stake in shares of Intrusion during the third quarter valued at $34,000. Finally, Tritonpoint Wealth LLC boosted its position in shares of Intrusion by 352.0% during the fourth quarter. Tritonpoint Wealth LLC now owns 158,890 shares of the company’s stock valued at $183,000 after buying an additional 123,740 shares during the last quarter. 19.43% of the stock is owned by hedge funds and other institutional investors.

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.