authID (NASDAQ:AUID) Stock Price Down 1.8% – Time to Sell?

authID Inc. (NASDAQ:AUID) shares traded down 1.8% during mid-day trading on Monday . The company traded as low as $5.97 and last traded at $6.13. 27,338 shares changed hands during trading, an increase of 38% from the average session volume of 19,779 shares. The stock had previously closed at $6.24.

authID Price Performance

The firm’s 50-day moving average is $6.53 and its 200 day moving average is $7.67.

Insider Activity at authID

In related news, CEO Rhoniel Daguro purchased 4,000 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was acquired at an average price of $6.48 per share, for a total transaction of $25,920.00. Following the completion of the purchase, the chief executive officer now directly owns 24,833 shares of the company’s stock, valued at $160,917.84. This trade represents a 19.20 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ken Jisser acquired 8,000 shares of the stock in a transaction that occurred on Monday, December 9th. The stock was purchased at an average price of $6.48 per share, for a total transaction of $51,840.00. Following the completion of the transaction, the director now owns 51,475 shares in the company, valued at $333,558. The trade was a 18.40 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 5,001 shares of company stock worth $32,597 in the last quarter. Company insiders own 6.60% of the company’s stock.

Institutional Trading of authID

A hedge fund recently bought a new stake in authID stock. Brighton Jones LLC bought a new stake in authID Inc. (NASDAQ:AUID) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 18,392 shares of the company’s stock, valued at approximately $191,000. Brighton Jones LLC owned 0.19% of authID as of its most recent filing with the Securities & Exchange Commission. 8.83% of the stock is currently owned by institutional investors.

authID Company Profile

authID Inc provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company offers solutions through its Verified platform to enable their users to easily verify and authenticate their identity through a mobile device or desktop.