authID Inc. (NASDAQ:AUID) Director Purchases $51,840.00 in Stock

authID Inc. (NASDAQ:AUID) Director Ken Jisser acquired 8,000 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The shares were bought at an average price of $6.48 per share, with a total value of $51,840.00. Following the completion of the transaction, the director now directly owns 51,475 shares in the company, valued at approximately $333,558. The trade was a 18.40 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

authID Price Performance

authID stock opened at $5.74 on Friday. authID Inc. has a fifty-two week low of $5.32 and a fifty-two week high of $13.63. The stock has a fifty day moving average of $6.78 and a two-hundred day moving average of $7.95.

Institutional Trading of authID

A hedge fund recently raised its stake in authID stock. Geode Capital Management LLC grew its position in shares of authID Inc. (NASDAQ:AUID) by 43.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 97,847 shares of the company’s stock after purchasing an additional 29,810 shares during the period. Geode Capital Management LLC owned 0.90% of authID worth $616,000 at the end of the most recent quarter. 8.83% of the stock is owned by hedge funds and other institutional investors.

About authID

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.