Separately, HC Wainwright boosted their target price on shares of Intellicheck from $4.00 to $5.00 and gave the company a buy rating in a research note on Friday, August 11th.
Intellicheck Stock Down 1.8 %
Intellicheck (NYSE:IDN – Get Free Report) last released its earnings results on Thursday, August 10th. The company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.01. The firm had revenue of $4.72 million for the quarter, compared to analysts’ expectations of $4.37 million. Intellicheck had a negative net margin of 19.27% and a negative return on equity of 18.77%. As a group, sell-side analysts anticipate that Intellicheck will post -0.09 earnings per share for the current year.
Hedge Funds Weigh In On Intellicheck
Institutional investors have recently made changes to their positions in the stock. B. Riley Wealth Advisors Inc. bought a new position in shares of Intellicheck in the 4th quarter worth $25,000. Squarepoint Ops LLC bought a new position in shares of Intellicheck in the 1st quarter worth $32,000. Charles Schwab Investment Management Inc. bought a new position in shares of Intellicheck in the 2nd quarter worth $32,000. Prudential Financial Inc. bought a new position in shares of Intellicheck in the 1st quarter worth $34,000. Finally, Renaissance Technologies LLC bought a new position in shares of Intellicheck during the 1st quarter valued at $43,000. Institutional investors own 36.22% of the company’s stock.
Intellicheck, Inc engages in the development, integration, and marketing of threat and identity authentication solutions. It offers professional services, retail, age, defense, guest, and port ID. The company was founded in 1994 and is headquartered in Melville, NY.
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