Brighton Jones LLC Invests $191,000 in authID Inc. (NASDAQ:AUID)

Brighton Jones LLC purchased a new stake in authID Inc. (NASDAQ:AUID) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 18,392 shares of the company’s stock, valued at approximately $191,000. Brighton Jones LLC owned approximately 0.19% of authID as of its most recent SEC filing.

Separately, Johnson Financial Group Inc. boosted its holdings in shares of authID by 100.0% in the 4th quarter. Johnson Financial Group Inc. now owns 40,610 shares of the company’s stock valued at $384,000 after buying an additional 20,305 shares in the last quarter. Institutional investors own 8.83% of the company’s stock.

authID Trading Up 0.8 %

Shares of NASDAQ:AUID opened at $7.59 on Monday. authID Inc. has a 12 month low of $5.61 and a 12 month high of $13.63. The company’s fifty day moving average price is $8.63 and its 200 day moving average price is $8.47.

authID (NASDAQ:AUID) last posted its earnings results on Thursday, August 8th. The company reported ($0.34) earnings per share for the quarter. The firm had revenue of $0.28 million during the quarter. authID had a negative net margin of 2,401.88% and a negative return on equity of 106.67%.

Insider Activity

In other authID news, major shareholder Stephen Jeffrey Garchik bought 150,000 shares of the business’s stock in a transaction dated Thursday, June 27th. The shares were acquired at an average cost of $7.50 per share, with a total value of $1,125,000.00. Following the acquisition, the insider now directly owns 170,834 shares of the company’s stock, valued at approximately $1,281,255. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, major shareholder Stephen Jeffrey Garchik purchased 150,000 shares of the stock in a transaction that occurred on Thursday, June 27th. The shares were purchased at an average price of $7.50 per share, with a total value of $1,125,000.00. Following the completion of the acquisition, the insider now directly owns 170,834 shares in the company, valued at approximately $1,281,255. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CTO Thomas Robert Szoke sold 5,000 shares of the business’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $8.30, for a total value of $41,500.00. Following the completion of the transaction, the chief technology officer now owns 28,653 shares in the company, valued at approximately $237,819.90. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,740 shares of company stock valued at $127,690. 6.60% of the stock is currently owned by company insiders.

About authID

authID Inc provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company offers solutions through its Verified platform to enable their users to easily verify and authenticate their identity through a mobile device or desktop.