Gareth Neville Genner Buys 9,394 Shares of T Stamp (NASDAQ:IDAI) Stock

T Stamp Inc. (NASDAQ:IDAI) CEO Gareth Neville Genner acquired 9,394 shares of the firm’s stock in a transaction on Thursday, August 20th. The stock was acquired at an average cost of $3.04 per share, with a total value of $28,557.76. Following the acquisition, the chief executive officer owned 150,075 shares of the company’s stock, valued at $456,228. This trade represents a 6.68% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Gareth Neville Genner also recently made the following trade(s):

• On Wednesday, August 19th, Gareth Neville Genner acquired 606 shares of T Stamp stock. The shares were acquired at an average price of $2.55 per share, for a total transaction of $1,545.30.
• On Thursday, August 20th, Gareth Neville Genner bought 800 shares of T Stamp stock. The stock was bought at an average price of $3.09 per share, with a total value of $2,472.00.
• On Tuesday, August 18th, Gareth Neville Genner bought 6,500 shares of T Stamp stock. The shares were bought at an average cost of $2.48 per share, with a total value of $16,120.00.

T Stamp Stock Up 0.6%

Shares of T Stamp stock opened at $3.20 on Friday. The stock has a market capitalization of $18.05 million, a price-to-earnings ratio of -1.59 and a beta of 0.70. T Stamp Inc. has a twelve month low of $1.17 and a twelve month high of $5.28. The company has a current ratio of 6.48, a quick ratio of 6.48 and a debt-to-equity ratio of 1.28. The business’s 50 day simple moving average is $2.27 and its 200-day simple moving average is $2.42.

T Stamp (NASDAQ:IDAI) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.14). T Stamp had a negative net margin of 272.78% and a negative return on equity of 137.70%. The company had revenue of $0.90 million for the quarter, compared to analyst estimates of $0.90 million. Equities research analysts forecast that T Stamp Inc. will post -1.39 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of T Stamp to a “hold” rating in a research report on Wednesday, May 20th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, T Stamp has an average rating of “Moderate Buy” and a consensus target price of $12.00.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC increased its holdings in shares of T Stamp by 7.7% during the first quarter. Kestra Advisory Services LLC now owns 56,050 shares of the company’s stock valued at $134,000 after purchasing an additional 4,000 shares during the period. MidFirst Bank bought a new position in T Stamp in the 4th quarter valued at about $30,000. Geode Capital Management LLC increased its stake in T Stamp by 67.7% during the 4th quarter. Geode Capital Management LLC now owns 32,517 shares of the company’s stock valued at $127,000 after buying an additional 13,125 shares during the period. Dimensional Fund Advisors LP bought a new stake in shares of T Stamp during the 1st quarter worth about $44,000. Finally, Jane Street Group LLC acquired a new stake in shares of T Stamp in the 4th quarter worth approximately $220,000. Institutional investors and hedge funds own 16.34% of the company’s stock.

T Stamp Company Profile

T Stamp Inc develops and markets identity authentication software solutions for government and enterprise partners, and peer-to-peer markets worldwide. It develops proprietary artificial intelligence-powered solutions, researching and leveraging machine learning, artificial intelligence, biometric science, cryptography, and data mining to deliver insightful identity and trust predictions that identify and defend against fraudulent identity attacks, protect sensitive user information, and extend the reach of digital services through global accessibility.