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

Intellicheck (NYSE:IDN) was upgraded by StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

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

Intellicheck Price Performance

Shares of NYSE:IDN opened at $2.31 on Thursday. The company has a market capitalization of $45.65 million, a PE ratio of -77.00 and a beta of 1.90. The business has a fifty day moving average price of $2.62 and a two-hundred day moving average price of $2.50. Intellicheck has a 1 year low of $1.73 and a 1 year high of $4.46.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in IDN. Hilltop Holdings Inc. bought a new position in shares of Intellicheck during the 3rd quarter worth $43,000. Corient Private Wealth LLC bought a new position in shares of Intellicheck during the 4th quarter worth $56,000. Cutter & CO Brokerage Inc. bought a new position in shares of Intellicheck during the 4th quarter worth $64,000. Northern Trust Corp grew its stake in shares of Intellicheck by 20.7% during the 4th quarter. Northern Trust Corp now owns 33,925 shares of the company’s stock worth $95,000 after acquiring an additional 5,827 shares during the period. Finally, CIBC Private Wealth Group LLC grew its stake in shares of Intellicheck by 9.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 64,336 shares of the company’s stock worth $173,000 after acquiring an additional 5,760 shares during the period. Institutional investors own 42.79% of the company’s stock.

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.