Intellicheck (NYSE:IDN) Stock Rating Lowered by StockNews.com

Intellicheck (NYSE:IDN) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Friday.

Intellicheck Price Performance

Shares of NYSE IDN opened at $2.72 on Friday. Intellicheck has a 1 year low of $1.92 and a 1 year high of $4.46. The stock has a market cap of $53.75 million, a P/E ratio of -90.67 and a beta of 1.90. The firm has a 50-day moving average of $2.61 and a 200 day moving average of $2.51.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Hilltop Holdings Inc. purchased a new position in Intellicheck during the 3rd quarter valued at about $43,000. Corient Private Wealth LLC purchased a new position in Intellicheck during the 4th quarter valued at about $56,000. Cutter & CO Brokerage Inc. purchased a new position in Intellicheck during the 4th quarter valued at about $64,000. Northern Trust Corp lifted its position in Intellicheck by 20.7% during the 4th quarter. Northern Trust Corp now owns 33,925 shares of the company’s stock valued at $95,000 after acquiring an additional 5,827 shares during the period. Finally, CIBC Private Wealth Group LLC increased its stake in Intellicheck by 9.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 64,336 shares of the company’s stock valued at $173,000 after purchasing an additional 5,760 shares in the last quarter. 42.79% of the stock is owned by hedge funds and other institutional investors.

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.