Intellicheck (NYSE:IDN) Receives Market Perform Rating from Northland Securities

Northland Securities restated their market perform rating on shares of Intellicheck (NYSE:IDN - Free Report) in a report released on Wednesday, Benzinga reports. They currently have a $4.00 price objective on the stock.

Other analysts have also recently issued research reports about the stock. DA Davidson restated a buy rating and issued a $5.00 price objective on shares of Intellicheck in a research report on Friday, March 22nd. HC Wainwright restated a buy rating and issued a $5.00 price target on shares of Intellicheck in a report on Friday, March 22nd. Finally, StockNews.com assumed coverage on Intellicheck in a report on Friday, April 5th. They set a buy rating on the stock.

Intellicheck Stock Performance

IDN traded down $0.14 during midday trading on Wednesday, reaching $3.40. 348,907 shares of the company were exchanged, compared to its average volume of 446,622. The stock has a market capitalization of $65.99 million, a P/E ratio of -34.20 and a beta of 1.78. Intellicheck has a one year low of $1.56 and a one year high of $4.25. The stock's 50-day simple moving average is $2.22 and its 200 day simple moving average is $2.01.

Intellicheck (NYSE:IDN - Get Free Report) last released its quarterly earnings data on Thursday, March 21st. The company reported $0.04 earnings per share for the quarter. Intellicheck had a negative net margin of 10.47% and a negative return on equity of 10.80%. The business had revenue of $5.18 million for the quarter, compared to analyst estimates of $5.16 million. On average, research analysts anticipate that Intellicheck will post -0.03 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Morgan Dempsey Capital Management LLC bought a new position in Intellicheck in the first quarter valued at $735,000. Herald Investment Management Ltd boosted its stake in shares of Intellicheck by 12.8% during the 3rd quarter. Herald Investment Management Ltd now owns 850,000 shares of the company's stock worth $1,887,000 after buying an additional 96,439 shares during the last quarter. Ancora Advisors LLC grew its holdings in shares of Intellicheck by 54.5% in the 4th quarter. Ancora Advisors LLC now owns 116,309 shares of the company's stock valued at $232,000 after acquiring an additional 41,014 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Intellicheck by 226.7% in the second quarter. Renaissance Technologies LLC now owns 55,200 shares of the company's stock valued at $112,000 after acquiring an additional 38,303 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in Intellicheck by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 949,867 shares of the company's stock worth $1,805,000 after acquiring an additional 14,600 shares in the last quarter. 42.79% of the stock is owned by institutional investors and hedge funds.

Intellicheck Company Profile

Intellicheck, Inc, a technology company, develops, integrates, and markets threat identification and identity authentication solutions primarily in the United States. The company offers solutions for bank and retail fraud prevention, law enforcement threat identification, and mobile and handheld access control and security systems.