HC Wainwright Reaffirms Buy Rating for Intellicheck (NYSE:IDN)

Key Points

• Intellicheck (NYSE:IDN) has received a "buy" rating from HC Wainwright, with a price target of $6.00, indicating a potential upside of 19.28% from its current price.
• Several other research firms have also upgraded Intellicheck to "buy," including Craig Hallum and DA Davidson, which raised their price objectives for the stock.
• Intellicheck's share price opened at $5.03 with a 52-week range of $1.92 to $6.49 and a current market capitalization of approximately $99.82 million.

Intellicheck (NYSE:IDN - Get Free Report)'s stock had its "buy" rating reaffirmed by analysts at HC Wainwright in a report released on Wednesday,Benzinga reports. They presently have a $6.00 target price on the stock. HC Wainwright's target price would suggest a potential upside of 19.52% from the stock's current price. HC Wainwright also issued estimates for Intellicheck's Q4 2025 earnings at $0.01 EPS, FY2025 earnings at ($0.04) EPS and FY2026 earnings at $0.00 EPS.

Several other analysts have also weighed in on the company. Wall Street Zen raised Intellicheck from a "hold" rating to a "buy" rating in a report on Wednesday, June 18th. Craig Hallum raised Intellicheck from a "hold" rating to a "buy" rating and set a $6.00 price target on the stock in a research note on Wednesday, May 21st. Finally, DA Davidson raised Intellicheck from a "neutral" rating to a "buy" rating and raised their price target for the stock from $3.00 to $5.50 in a research note on Tuesday, May 20th.

Intellicheck Stock Performance

NYSE IDN traded up $0.18 on Wednesday, reaching $5.02. The stock had a trading volume of 271,450 shares, compared to its average volume of 211,974. Intellicheck has a 12-month low of $1.92 and a 12-month high of $6.49. The business's 50-day moving average price is $5.24 and its 200 day moving average price is $3.75. The stock has a market cap of $99.62 million, a P/E ratio of -167.33 and a beta of 1.21.

Insider Buying and Selling

In related news, Director Gregory Braca sold 7,703 shares of the business's stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $4.33, for a total transaction of $33,353.99. Following the completion of the transaction, the director owned 823 shares of the company's stock, valued at approximately $3,563.59. The trade was a 90.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 6.88% of the stock is owned by company insiders.

Institutional Investors Weigh In On Intellicheck

A number of large investors have recently bought and sold shares of the business. Topline Capital Management LLC bought a new position in shares of Intellicheck in the 4th quarter worth $3,248,000. Captrust Financial Advisors raised its stake in Intellicheck by 1.6% during the 2nd quarter. Captrust Financial Advisors now owns 245,556 shares of the company's stock worth $1,324,000 after buying an additional 3,971 shares during the period. Wilkinson Global Asset Management LLC raised its stake in Intellicheck by 5.2% during the 1st quarter. Wilkinson Global Asset Management LLC now owns 216,116 shares of the company's stock worth $655,000 after buying an additional 10,714 shares during the period. Marshall Wace LLP acquired a new stake in Intellicheck during the 2nd quarter worth $1,102,000. Finally, Geode Capital Management LLC raised its stake in Intellicheck by 4.8% during the 4th quarter. Geode Capital Management LLC now owns 199,835 shares of the company's stock worth $560,000 after buying an additional 9,166 shares during the period. 42.79% of the stock is currently owned by 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.