Intellicheck Mobilisa (NASDAQ:IDN) Downgraded by Zacks Research to Hold

Zacks Research downgraded shares of Intellicheck Mobilisa (NASDAQ:IDN) from a strong-buy rating to a hold rating in a research note issued to investors on Thursday morning,Zacks.com reports.

Other analysts also recently issued reports about the stock. DA Davidson reissued a “neutral” rating and issued a $7.50 price target on shares of Intellicheck Mobilisa in a report on Monday, November 24th. Weiss Ratings restated a “hold (c)” rating on shares of Intellicheck Mobilisa in a report on Monday, December 29th. Northland Securities raised shares of Intellicheck Mobilisa from a “market perform” rating to an “outperform” rating and set a $7.00 price objective for the company in a research report on Thursday, November 13th. Wall Street Zen cut shares of Intellicheck Mobilisa from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Finally, HC Wainwright reissued a “buy” rating and set a $8.50 target price (up from $6.00) on shares of Intellicheck Mobilisa in a research report on Tuesday, December 16th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Intellicheck Mobilisa has an average rating of “Moderate Buy” and a consensus price target of $7.25.

Intellicheck Mobilisa Stock Down 0.8%

Shares of IDN stock opened at $4.70 on Thursday. Intellicheck Mobilisa has a 12 month low of $2.17 and a 12 month high of $7.48. The firm has a market cap of $94.94 million, a PE ratio of 470.47 and a beta of 1.16. The stock has a 50 day moving average of $5.40 and a 200-day moving average of $5.54.

Institutional Investors Weigh In On Intellicheck Mobilisa

Several institutional investors and hedge funds have recently bought and sold shares of the business. AIGH Capital Management LLC acquired a new position in shares of Intellicheck Mobilisa in the 4th quarter valued at $8,106,000. Vanguard Group Inc. boosted its position in shares of Intellicheck Mobilisa by 6.0% during the 3rd quarter. Vanguard Group Inc. now owns 997,493 shares of the company’s stock valued at $5,187,000 after acquiring an additional 56,834 shares in the last quarter. Marshall Wace LLP boosted its position in shares of Intellicheck Mobilisa by 10.2% during the 4th quarter. Marshall Wace LLP now owns 477,040 shares of the company’s stock valued at $3,187,000 after acquiring an additional 44,086 shares in the last quarter. Renaissance Technologies LLC increased its stake in Intellicheck Mobilisa by 11.1% in the fourth quarter. Renaissance Technologies LLC now owns 436,365 shares of the company’s stock valued at $2,915,000 after acquiring an additional 43,565 shares during the period. Finally, Essex Investment Management Co. LLC bought a new stake in Intellicheck Mobilisa in the fourth quarter valued at about $2,150,000. Institutional investors own 42.79% of the company’s stock.

Intellicheck Mobilisa Company Profile

Intellicheck Mobilisa, Inc is a provider of mobile identity verification and authentication solutions designed to help organizations verify credentials and combat fraud. The company’s technology leverages optical character recognition, machine learning, and biometric facial recognition to validate government‐issued IDs, passports, and other identity documents in real time. These solutions are deployed via on‐premises hardware or cloud‐based platforms, enabling clients to integrate identity checks directly into digital workflows and point‐of‐sale systems.

The firm’s flagship offerings include mobile credential scanning applications and software development kits (SDKs) that support Know Your Customer (KYC), Anti–Money Laundering (AML), age verification, and regulatory compliance across multiple industries.