authID Inc. (NASDAQ:AUID - Get Free Report) major shareholder Stephen Jeffrey Garchik purchased 12,000 shares of the stock in a transaction dated Tuesday, April 23rd. The stock was acquired at an average price of $6.85 per share, for a total transaction of $82,200.00. Following the completion of the transaction, the insider now directly owns 1,163,096 shares of the company's stock, valued at $7,967,207.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.
Stephen Jeffrey Garchik also recently made the following trade(s):
- On Friday, April 12th, Stephen Jeffrey Garchik purchased 10,500 shares of authID stock. The stock was acquired at an average price of $7.69 per share, for a total transaction of $80,745.00.
- On Tuesday, January 30th, Stephen Jeffrey Garchik purchased 2,500 shares of authID stock. The stock was acquired at an average price of $9.10 per share, for a total transaction of $22,750.00.
authID Price Performance
NASDAQ AUID traded up $0.64 during mid-day trading on Thursday, reaching $8.03. 18,630 shares of the stock were exchanged, compared to its average volume of 23,105. authID Inc. has a 1-year low of $2.45 and a 1-year high of $13.63. The business's fifty day simple moving average is $8.67 and its 200 day simple moving average is $8.57. The company has a quick ratio of 6.55, a current ratio of 6.55 and a debt-to-equity ratio of 0.02.
Institutional Trading of authID
A number of hedge funds have recently bought and sold shares of the company. Wealthspire Advisors LLC raised its stake in authID by 126.3% during the fourth quarter. Wealthspire Advisors LLC now owns 29,867 shares of the company's stock worth $283,000 after purchasing an additional 16,667 shares during the period. Johnson Financial Group Inc. raised its stake in authID by 100.0% during the fourth quarter. Johnson Financial Group Inc. now owns 40,610 shares of the company's stock worth $384,000 after purchasing an additional 20,305 shares during the period. Finally, Leo Wealth LLC purchased a new position in authID during the fourth quarter worth approximately $1,232,000. Institutional investors and hedge funds own 8.83% of the company's stock.
authID Company Profile
(
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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.
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