Identiv (NASDAQ:INVE) Stock Passes Above 200-Day Moving Average - Time to Sell?

Key Points

• Identiv, Inc. stock crossed above its 200-day moving average, with a recent trading peak at $3.87, indicating positive momentum.
• Analysts have mixed insights, with B. Riley lowering the target price from $6.50 to $6.00, but maintaining a "buy" rating, while the consensus rating for the stock remains a "buy" with a target of $5.33.
• The company reported an EPS of ($0.26) for the last quarter, beating expectations, although revenue came in slightly below forecasts at $5.04 million.

Identiv, Inc. (NASDAQ:INVE - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.36 and traded as high as $3.87. Identiv shares last traded at $3.80, with a volume of 31,462 shares trading hands.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. B. Riley reduced their price target on Identiv from $6.50 to $6.00 and set a "buy" rating on the stock in a report on Friday, August 8th. Wall Street Zen raised Identiv from a "sell" rating to a "hold" rating in a research note on Saturday, August 30th. Finally, Craig Hallum reissued a "buy" rating and issued a $5.00 price target on shares of Identiv in a research note on Friday, August 8th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $5.33.

Identiv Trading Down 1.9%

The company has a market capitalization of $85.87 million, a PE ratio of 1.19 and a beta of 1.35. The stock has a fifty day moving average of $3.60 and a two-hundred day moving average of $3.37.

Identiv (NASDAQ:INVE - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported ($0.26) earnings per share for the quarter, beating analysts' consensus estimates of ($0.31) by $0.05. The company had revenue of $5.04 million for the quarter, compared to analysts' expectations of $5.10 million. Identiv had a negative return on equity of 13.75% and a net margin of 308.59%. Identiv has set its Q3 2025 guidance at EPS. Equities analysts forecast that Identiv, Inc. will post -1.11 EPS for the current year.

Hedge Funds Weigh In On Identiv

A number of large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP grew its position in shares of Identiv by 2.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 282,303 shares of the technology company's stock worth $1,033,000 after buying an additional 5,844 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of Identiv in the 2nd quarter worth approximately $38,000. Occudo Quantitative Strategies LP bought a new stake in shares of Identiv in the 4th quarter worth approximately $49,000. Jane Street Group LLC bought a new stake in shares of Identiv in the 4th quarter worth approximately $54,000. Finally, Goldman Sachs Group Inc. grew its position in shares of Identiv by 56.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 49,295 shares of the technology company's stock worth $157,000 after buying an additional 17,811 shares during the last quarter. 65.16% of the stock is owned by hedge funds and other institutional investors.

About Identiv

Identiv, Inc, a security technology company, that provides secure identification and physical security solutions that secure things, data, and physical places worldwide. It operates in two segments, Identity and Premises. The Identity segment offers products and solutions that enables secure access to information serving the logical access and cyber security markets, as well as protecting connected objects and information using radio-frequency identification embedded security.