Intellicheck Mobilisa, Inc. (NASDAQ:IDN – Get Free Report) has earned a consensus rating of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $7.25.
A number of analysts have recently issued reports on IDN shares. DA Davidson reiterated a “neutral” rating and set a $7.50 price target on shares of Intellicheck Mobilisa in a research report on Friday, March 20th. Zacks Research upgraded Intellicheck Mobilisa from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 10th. Finally, Wall Street Zen upgraded Intellicheck Mobilisa from a “hold” rating to a “buy” rating in a research report on Saturday, March 21st.
Check Out Our Latest Stock Analysis on IDN
Intellicheck Mobilisa Trading Up 0.4%
Insider Activity
In other news, CEO Bryan Lewis sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $8.05, for a total transaction of $80,500.00. Following the transaction, the chief executive officer directly owned 40,000 shares of the company’s stock, valued at approximately $322,000. The trade was a 20.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 40,000 shares of company stock worth $320,400 over the last 90 days. 7.76% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Intellicheck Mobilisa
Several hedge funds have recently made changes to their positions in IDN. JPMorgan Chase & Co. increased its stake in shares of Intellicheck Mobilisa by 21,267.7% during the second quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock valued at $75,000 after buying an additional 13,824 shares during the period. XTX Topco Ltd increased its stake in shares of Intellicheck Mobilisa by 23.3% during the second quarter. XTX Topco Ltd now owns 25,727 shares of the company’s stock valued at $139,000 after buying an additional 4,868 shares during the period. Marshall Wace LLP purchased a new position in shares of Intellicheck Mobilisa during the second quarter valued at approximately $1,102,000. Jump Financial LLC purchased a new position in shares of Intellicheck Mobilisa during the second quarter valued at approximately $66,000. Finally, NewEdge Advisors LLC purchased a new stake in Intellicheck Mobilisa in the second quarter worth $232,000. 42.79% of the stock is owned by hedge funds and other institutional investors.
About Intellicheck Mobilisa
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.
Further Reading
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