Intrusion (NASDAQ:INTZ) Director Dion Hinchcliffe Sells 15,000 Shares of Stock

Intrusion Inc. (NASDAQ:INTZ) Director Dion Hinchcliffe sold 15,000 shares of the company’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $0.78, for a total value of $11,700.00. Following the sale, the director owned 187,843 shares of the company’s stock, valued at approximately $146,517.54. This represents a 7.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Intrusion Price Performance

Intrusion stock traded down $0.04 during midday trading on Friday, reaching $0.78. The company’s stock had a trading volume of 93,887 shares, compared to its average volume of 846,304. Intrusion Inc. has a 52 week low of $0.59 and a 52 week high of $2.27. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.25. The business has a 50-day moving average price of $0.78 and a 200-day moving average price of $0.84. The stock has a market cap of $19.19 million, a PE ratio of -1.42 and a beta of -1.55.

Intrusion (NASDAQ:INTZ) last posted its earnings results on Tuesday, August 11th. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.03). The company had revenue of $1.45 million during the quarter, compared to the consensus estimate of $1.50 million. Intrusion had a negative return on equity of 178.06% and a negative net margin of 191.24%. On average, sell-side analysts predict that Intrusion Inc. will post -0.36 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Potomac Capital Management Inc. acquired a new stake in Intrusion during the 4th quarter worth approximately $544,000. Geode Capital Management LLC raised its stake in shares of Intrusion by 8.9% during the fourth quarter. Geode Capital Management LLC now owns 187,408 shares of the company’s stock valued at $216,000 after acquiring an additional 15,344 shares during the last quarter. State Street Corp raised its stake in shares of Intrusion by 11.6% during the fourth quarter. State Street Corp now owns 102,765 shares of the company’s stock valued at $118,000 after acquiring an additional 10,700 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Intrusion during the fourth quarter worth $51,000. Finally, XTX Topco Ltd acquired a new position in shares of Intrusion during the fourth quarter worth $35,000. Institutional investors own 19.43% of the company’s stock.

Wall Street Analyst Weigh In

INTZ has been the subject of several research reports. Zacks Research raised shares of Intrusion from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 5th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Intrusion in a report on Wednesday, August 26th. Finally, Ascendiant Capital Markets dropped their price target on Intrusion from $10.50 to $9.50 and set a “buy” rating for the company in a research note on Monday, June 8th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $5.25.

About Intrusion

Intrusion Inc, a cybersecurity company in the United States. The company offers its customers access to threat intelligence database, which contains the historical data, known associations, and reputational behavior of Internet Protocol addresses. It offers INTRUSION Shield, a zero trust reputation-based Software as a Service solution that inspects and kills dangerous network connections. The company also provides INTRUSION TraceCop, a big data tool that contains an inventory of network selectors and enrichments to support forensic investigations; and INTRUSION Savant, a network monitoring solution that uses the data available in TraceCop to identify suspicious traffic in real-time.