Intellicheck, Inc. (NASDAQ:IDN) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Intellicheck, Inc. (NASDAQ:IDN) has been given an average rating of “Moderate Buy” by the six research firms that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $7.3750.

Several brokerages have recently issued reports on IDN. Zacks Research upgraded shares of Intellicheck from a “hold” rating to a “strong-buy” rating in a report on Friday, April 10th. Weiss Ratings downgraded Intellicheck from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, June 24th. DA Davidson reiterated a “buy” rating and set a $7.50 price target on shares of Intellicheck in a research note on Wednesday, May 13th. Wall Street Zen lowered Intellicheck from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 6th. Finally, Craig Hallum cut shares of Intellicheck from a “buy” rating to a “hold” rating and set a $6.50 target price for the company. in a report on Wednesday, May 13th.

Insiders Place Their Bets

In other Intellicheck news, CEO Bryan Lewis sold 10,000 shares of Intellicheck stock in a transaction dated Monday, April 27th. The shares were 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 approximately $322,000. The trade was a 20.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 25,550 shares of company stock worth $189,021. Company insiders own 7.76% of the company’s stock.

Hedge Funds Weigh In On Intellicheck

A number of institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its position in shares of Intellicheck by 21,267.7% in the second quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock valued at $75,000 after buying an additional 13,824 shares during the last quarter. XTX Topco Ltd raised its stake in shares of Intellicheck by 23.3% in the 2nd quarter. XTX Topco Ltd now owns 25,727 shares of the company’s stock valued at $139,000 after acquiring an additional 4,868 shares during the period. Marshall Wace LLP purchased a new position in Intellicheck in the second quarter valued at about $1,102,000. Jump Financial LLC purchased a new stake in shares of Intellicheck during the 2nd quarter valued at about $66,000. Finally, NewEdge Advisors LLC acquired a new position in shares of Intellicheck during the second quarter worth $232,000. 42.79% of the stock is owned by institutional investors and hedge funds.

Intellicheck Stock Down 0.5%

NASDAQ IDN opened at $4.08 on Wednesday. The firm has a 50 day moving average of $4.54 and a two-hundred day moving average of $5.60. The stock has a market capitalization of $82.62 million, a PE ratio of 37.09 and a beta of 0.80. Intellicheck has a 52 week low of $3.95 and a 52 week high of $9.08.

Intellicheck (NASDAQ:IDN) last posted its earnings results on Tuesday, May 12th. The company reported $0.03 EPS for the quarter, meeting the consensus estimate of $0.03. Intellicheck had a return on equity of 11.26% and a net margin of 9.56%.The firm had revenue of $5.52 million for the quarter. On average, equities research analysts expect that Intellicheck will post 0.17 earnings per share for the current fiscal year.

Intellicheck Company Profile

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.