Intellicheck (NYSE:IDN) Rating Lowered to “Sell” at StockNews.com

StockNews.com cut shares of Intellicheck (NYSE:IDN) from a hold rating to a sell rating in a research note issued to investors on Friday morning.

Intellicheck Trading Up 6.7 %

NYSE:IDN opened at $2.72 on Friday. The stock’s 50-day moving average is $2.61 and its 200-day moving average is $2.51. Intellicheck has a 1-year low of $1.92 and a 1-year high of $4.46. The stock has a market cap of $53.75 million, a P/E ratio of -90.67 and a beta of 1.90.

Hedge Funds Weigh In On Intellicheck

Several large investors have recently modified their holdings of the business. Topline Capital Management LLC acquired a new stake in Intellicheck during the 4th quarter valued at approximately $3,248,000. Captrust Financial Advisors bought a new position in Intellicheck in the fourth quarter worth approximately $676,000. Cutter & CO Brokerage Inc. bought a new stake in shares of Intellicheck during the fourth quarter valued at approximately $64,000. Corient Private Wealth LLC acquired a new position in shares of Intellicheck during the fourth quarter worth approximately $56,000. Finally, Hilltop Holdings Inc. bought a new position in shares of Intellicheck in the 3rd quarter worth $43,000. Institutional investors own 42.79% of the company’s stock.

About Intellicheck

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.