Intellicheck (NYSE:IDN) Now Covered by StockNews.com

StockNews.com started coverage on shares of Intellicheck (NYSE:IDN) in a research note issued on Saturday. The brokerage set a “sell” rating on the stock.

Separately, HC Wainwright reaffirmed a “buy” rating and set a $4.00 target price on shares of Intellicheck in a report on Friday, March 21st.

Intellicheck Stock Up 11.2 %

Shares of IDN opened at $2.88 on Friday. The stock’s fifty day simple moving average is $2.61 and its 200-day simple moving average is $2.53. The firm has a market capitalization of $56.91 million, a PE ratio of -96.00 and a beta of 1.90. Intellicheck has a 12-month low of $1.92 and a 12-month high of $4.46.

Institutional Trading of Intellicheck

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Topline Capital Management LLC acquired a new position in shares of Intellicheck during the 4th quarter worth approximately $3,248,000. Captrust Financial Advisors acquired a new stake in Intellicheck in the fourth quarter valued at $676,000. Cutter & CO Brokerage Inc. bought a new position in shares of Intellicheck in the 4th quarter valued at about $64,000. Corient Private Wealth LLC bought a new position in Intellicheck during the fourth quarter worth about $56,000. Finally, Hilltop Holdings Inc. acquired a new position in Intellicheck during the third quarter worth approximately $43,000. Institutional investors own 42.79% of the company’s stock.

About Intellicheck

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.