Michael Charles Thompson Acquires 12,254 Shares of authID Inc. (NASDAQ:AUID) Stock

authID Inc. (NASDAQ:AUID) Director Michael Charles Thompson bought 12,254 shares of the company’s stock in a transaction dated Thursday, June 27th. The stock was bought at an average cost of $8.16 per share, with a total value of $99,992.64. Following the transaction, the director now directly owns 78,677 shares in the company, valued at approximately $642,004.32. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

authID Price Performance

AUID opened at $10.38 on Friday. authID Inc. has a 1-year low of $5.61 and a 1-year high of $13.63. The company has a 50-day moving average of $8.30 and a 200-day moving average of $8.86.

authID (NASDAQ:AUID) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($0.32) earnings per share for the quarter. authID had a negative net margin of 6,689.18% and a negative return on equity of 204.12%. The business had revenue of $0.16 million for the quarter.

Institutional Investors Weigh In On authID

A number of institutional investors have recently modified their holdings of the business. Wealthspire Advisors LLC grew its position in shares of authID by 126.3% during the 4th quarter. Wealthspire Advisors LLC now owns 29,867 shares of the company’s stock valued at $283,000 after buying an additional 16,667 shares during the last quarter. Johnson Financial Group Inc. grew its position in shares of authID by 100.0% during the 4th quarter. Johnson Financial Group Inc. now owns 40,610 shares of the company’s stock valued at $384,000 after buying an additional 20,305 shares during the last quarter. Finally, Leo Wealth LLC boosted its stake in authID by 32.0% during the 1st quarter. Leo Wealth LLC now owns 171,885 shares of the company’s stock valued at $1,311,000 after purchasing an additional 41,667 shares during the period. Institutional investors own 8.83% of the company’s stock.

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.