Intellicheck (NYSE:IDN) Earns Sell Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Intellicheck (NYSE:IDN) in a research note published on Saturday. The firm issued a sell rating on the stock.

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

Intellicheck Price Performance

IDN opened at $3.03 on Friday. Intellicheck has a 12-month low of $1.92 and a 12-month high of $4.46. The stock has a market capitalization of $59.88 million, a PE ratio of -101.00 and a beta of 1.90. The firm’s fifty day moving average price is $2.61 and its 200 day moving average price is $2.54.

Institutional Trading of Intellicheck

A number of institutional investors and hedge funds have recently made changes to their positions in IDN. Garden State Investment Advisory Services LLC grew its stake in Intellicheck by 3.7% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 269,357 shares of the company’s stock worth $585,000 after buying an additional 9,500 shares during the last quarter. Hilltop Holdings Inc. acquired a new position in shares of Intellicheck during the third quarter valued at $43,000. Wilkinson Global Asset Management LLC grew its position in shares of Intellicheck by 7.2% during the fourth quarter. Wilkinson Global Asset Management LLC now owns 205,402 shares of the company’s stock worth $575,000 after acquiring an additional 13,825 shares during the last quarter. Cutter & CO Brokerage Inc. acquired a new stake in shares of Intellicheck in the 4th quarter worth about $64,000. Finally, Corient Private Wealth LLC bought a new stake in Intellicheck in the 4th quarter valued at about $56,000. 42.79% of the stock is currently owned by institutional investors and hedge funds.

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.