13,703 Shares in Intellicheck, Inc. (NYSE:IDN) Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP bought a new position in shares of Intellicheck, Inc. (NYSE:IDN) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 13,703 shares of the company’s stock, valued at approximately $47,000. Dimensional Fund Advisors LP owned 0.07% of Intellicheck at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. B. Riley Wealth Advisors Inc. purchased a new stake in Intellicheck during the 1st quarter valued at $43,000. Wilkinson Global Asset Management LLC boosted its position in Intellicheck by 4.9% during the 2nd quarter. Wilkinson Global Asset Management LLC now owns 182,805 shares of the company’s stock valued at $625,000 after buying an additional 8,621 shares during the period. Finally, AIGH Capital Management LLC boosted its position in Intellicheck by 16.8% during the 2nd quarter. AIGH Capital Management LLC now owns 1,767,732 shares of the company’s stock valued at $6,046,000 after buying an additional 253,706 shares during the period. Institutional investors own 42.79% of the company’s stock.

Intellicheck Price Performance

Shares of Intellicheck stock opened at $2.00 on Wednesday. Intellicheck, Inc. has a 1 year low of $1.56 and a 1 year high of $4.46. The firm’s 50-day moving average is $2.18 and its two-hundred day moving average is $2.88. The stock has a market cap of $38.94 million, a price-to-earnings ratio of -40.00 and a beta of 1.98.

Intellicheck (NYSE:IDN) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.01) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.01). The business had revenue of $4.67 million for the quarter, compared to analysts’ expectations of $4.91 million. Intellicheck had a negative net margin of 2.36% and a negative return on equity of 2.05%. During the same period last year, the business earned ($0.04) EPS. On average, equities analysts expect that Intellicheck, Inc. will post -0.03 earnings per share for the current year.

Analysts Set New Price Targets

IDN has been the subject of a number of analyst reports. DA Davidson lowered shares of Intellicheck from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $5.00 to $2.00 in a research note on Friday, August 9th. HC Wainwright reduced their price objective on shares of Intellicheck from $5.00 to $4.00 and set a “buy” rating for the company in a research note on Friday, August 9th. Finally, StockNews.com lowered shares of Intellicheck from a “buy” rating to a “hold” rating in a research note on Monday, August 12th.

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.