Intellicheck (NASDAQ:IDN) Downgraded by Wall Street Zen to Buy

Intellicheck (NASDAQ:IDN) was downgraded by equities research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Saturday.

IDN has been the topic of several other research reports. Craig Hallum cut shares of Intellicheck from a “buy” rating to a “hold” rating and set a $6.50 price target on the stock. in a research report on Wednesday, May 13th. DA Davidson reaffirmed a “buy” rating and issued a $7.50 target price on shares of Intellicheck in a report on Wednesday, May 13th. Weiss Ratings cut shares of Intellicheck from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, May 21st. Finally, Zacks Research raised shares of Intellicheck from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $7.38.

Intellicheck Stock Performance

Shares of IDN opened at $4.12 on Friday. The stock has a market capitalization of $83.43 million, a PE ratio of 37.46 and a beta of 0.80. Intellicheck has a 1 year low of $4.00 and a 1 year high of $9.08. The company’s 50-day simple moving average is $6.51 and its 200-day simple moving average is $6.06.

Intellicheck (NASDAQ:IDN) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.03 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.03. The business had revenue of $5.52 million for the quarter. Intellicheck had a net margin of 9.56% and a return on equity of 11.26%. On average, sell-side analysts predict that Intellicheck will post 0.17 earnings per share for the current year.

Insider Activity at Intellicheck

In other news, CEO Bryan Lewis sold 10,000 shares of Intellicheck stock in a transaction on Monday, April 27th. The shares were sold at an average price of $8.05, for a total value of $80,500.00. Following the transaction, the chief executive officer directly owned 40,000 shares of the company’s stock, valued at $322,000. The trade was a 20.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 40,000 shares of company stock valued at $320,400. Insiders own 7.76% of the company’s stock.

Hedge Funds Weigh In On Intellicheck

A number of institutional investors have recently modified their holdings of the business. Occudo Quantitative Strategies LP increased its holdings in shares of Intellicheck by 17.5% in the 3rd quarter. Occudo Quantitative Strategies LP now owns 14,118 shares of the company’s stock valued at $73,000 after acquiring an additional 2,098 shares during the period. CIBC Private Wealth Group LLC increased its holdings in shares of Intellicheck by 3.3% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 74,189 shares of the company’s stock valued at $386,000 after acquiring an additional 2,381 shares during the period. Dimensional Fund Advisors LP increased its stake in Intellicheck by 14.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 30,206 shares of the company’s stock valued at $202,000 after buying an additional 3,794 shares during the period. Captrust Financial Advisors increased its stake in Intellicheck by 1.6% in the 2nd quarter. Captrust Financial Advisors now owns 245,556 shares of the company’s stock valued at $1,324,000 after buying an additional 3,971 shares during the period. Finally, XTX Topco Ltd increased its stake in Intellicheck by 23.3% in the 2nd quarter. XTX Topco Ltd now owns 25,727 shares of the company’s stock valued at $139,000 after buying an additional 4,868 shares during the period. 42.79% of the stock is owned by institutional investors and hedge funds.

About Intellicheck

Intellicheck, Inc is a provider of mobile identity verification and authentication solutions designed to help organizations verify credentials and combat fraud. The company’s technology leverages optical character recognition, machine learning, and biometric facial recognition to validate government‐issued IDs, passports, and other identity documents in real time. These solutions are deployed via on‐premises hardware or cloud‐based platforms, enabling clients to integrate identity checks directly into digital workflows and point‐of‐sale systems.

The firm’s flagship offerings include mobile credential scanning applications and software development kits (SDKs) that support Know Your Customer (KYC), Anti–Money Laundering (AML), age verification, and regulatory compliance across multiple industries.