StockNews.com Upgrades Intellicheck (NYSE:IDN) to “Hold”

StockNews.com upgraded shares of Intellicheck (NYSE:IDN) from a sell rating to a hold rating in a research report sent to investors on Thursday.

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $4.00 target price on shares of Intellicheck in a research report on Thursday, November 14th.

Intellicheck Price Performance

Shares of IDN stock opened at $2.31 on Thursday. The stock has a market cap of $45.65 million, a P/E ratio of -77.00 and a beta of 1.90. Intellicheck has a one year low of $1.75 and a one year high of $4.46. The stock has a fifty day moving average price of $2.62 and a 200 day moving average price of $2.50.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Topline Capital Management LLC bought a new position in shares of Intellicheck during the fourth quarter valued at $3,248,000. Garden State Investment Advisory Services LLC lifted its holdings in shares of Intellicheck by 3.7% during the third quarter. Garden State Investment Advisory Services LLC now owns 269,357 shares of the company’s stock valued at $585,000 after acquiring an additional 9,500 shares during the period. Captrust Financial Advisors bought a new position in shares of Intellicheck during the fourth quarter valued at $676,000. Wilkinson Global Asset Management LLC lifted its holdings in shares of Intellicheck by 7.2% during the fourth quarter. Wilkinson Global Asset Management LLC now owns 205,402 shares of the company’s stock valued at $575,000 after acquiring an additional 13,825 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Intellicheck by 4.8% during the fourth quarter. Geode Capital Management LLC now owns 199,835 shares of the company’s stock valued at $560,000 after acquiring an additional 9,166 shares during the period. 42.79% of the stock is owned by institutional investors.

Intellicheck Company Profile

Intellicheck, Inc, a technology company, provides on-demand digital identity validation solutions for KYC, fraud, and age verification needs in North America. The company offers solutions for digital and physical identities for financial services, fintech companies, BNPL providers, e-commerce and retail commerce businesses, law enforcement, and government agencies.