Renaissance Technologies LLC Trims Position in authID Inc. (NASDAQ:AUID)

Renaissance Technologies LLC cut its holdings in shares of authID Inc. (NASDAQ:AUID) by 17.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,728 shares of the company’s stock after selling 4,700 shares during the period. Renaissance Technologies LLC owned 0.24% of authID worth $236,000 as of its most recent SEC filing.

Separately, Leo Wealth LLC increased its stake in shares of authID by 32.0% during the first quarter. Leo Wealth LLC now owns 171,885 shares of the company’s stock valued at $1,311,000 after buying an additional 41,667 shares during the period. Institutional investors own 8.83% of the company’s stock.

authID Stock Performance

NASDAQ AUID opened at $6.45 on Friday. authID Inc. has a twelve month low of $5.36 and a twelve month high of $13.63. The stock’s 50 day moving average is $7.73 and its 200 day moving average is $8.27.

authID (NASDAQ:AUID) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.34) earnings per share for the quarter. authID had a negative net margin of 2,401.88% and a negative return on equity of 106.67%. The firm had revenue of $0.28 million for the quarter.

Insider Transactions at authID

In other news, CTO Thomas Robert Szoke sold 5,000 shares of the business’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $8.30, for a total value of $41,500.00. Following the completion of the transaction, the chief technology officer now owns 28,653 shares in the company, valued at $237,819.90. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 15,740 shares of company stock worth $127,690 over the last quarter. 6.60% of the stock is currently owned by insiders.

authID 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.