StockNews.com Begins Coverage on Intellicheck (NYSE:IDN)

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

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

Intellicheck Stock Up 11.2 %

NYSE IDN opened at $2.88 on Friday. The stock has a market capitalization of $56.91 million, a PE ratio of -96.00 and a beta of 1.90. Intellicheck has a 12-month low of $1.92 and a 12-month high of $4.46. The company has a 50 day moving average price of $2.61 and a two-hundred day moving average price of $2.53.

Hedge Funds Weigh In On Intellicheck

A number of institutional investors have recently modified their holdings of IDN. Hilltop Holdings Inc. acquired a new position in Intellicheck in the 3rd quarter valued at $43,000. Garden State Investment Advisory Services LLC boosted its holdings in Intellicheck by 3.7% during the third quarter. Garden State Investment Advisory Services LLC now owns 269,357 shares of the company’s stock valued at $585,000 after acquiring an additional 9,500 shares during the period. Wilkinson Global Asset Management LLC grew its position in shares of Intellicheck by 7.2% in the fourth quarter. Wilkinson Global Asset Management LLC now owns 205,402 shares of the company’s stock valued at $575,000 after purchasing an additional 13,825 shares during the last quarter. Cutter & CO Brokerage Inc. bought a new position in shares of Intellicheck in the fourth quarter worth about $64,000. Finally, Northern Trust Corp lifted its position in shares of Intellicheck by 20.7% during the 4th quarter. Northern Trust Corp now owns 33,925 shares of the company’s stock worth $95,000 after purchasing an additional 5,827 shares during the last quarter. Institutional investors own 42.79% of the company’s stock.

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.