Intrusion (NASDAQ:INTZ) Releases Earnings Results, Misses Estimates By $0.09 EPS

Intrusion (NASDAQ:INTZ) posted its earnings results on Thursday. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.09), FiscalAI reports. Intrusion had a negative net margin of 127.65% and a negative return on equity of 86.02%. The business had revenue of $0.89 million during the quarter, compared to analysts’ expectations of $2.03 million.

Intrusion Stock Up 2.0%

Shares of Intrusion stock traded up $0.02 on Thursday, hitting $0.78. The stock had a trading volume of 276,921 shares, compared to its average volume of 138,909. Intrusion has a twelve month low of $0.73 and a twelve month high of $2.64. The business’s 50 day moving average is $0.92 and its two-hundred day moving average is $1.17. The stock has a market cap of $15.85 million, a price-to-earnings ratio of -1.73 and a beta of -1.67.

Hedge Funds Weigh In On Intrusion

Several institutional investors and hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC grew its position in shares of Intrusion by 8.9% in the fourth quarter. Geode Capital Management LLC now owns 187,408 shares of the company’s stock valued at $216,000 after purchasing an additional 15,344 shares during the last quarter. State Street Corp grew its position in shares of Intrusion by 11.6% in the fourth quarter. State Street Corp now owns 102,765 shares of the company’s stock valued at $118,000 after purchasing an additional 10,700 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Intrusion in the fourth quarter valued at approximately $51,000. XTX Topco Ltd acquired a new position in shares of Intrusion in the fourth quarter valued at approximately $35,000. Finally, Virtu Financial LLC bought a new stake in shares of Intrusion in the fourth quarter valued at approximately $31,000. Institutional investors and hedge funds own 19.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on INTZ. HC Wainwright cut their target price on shares of Intrusion from $2.00 to $1.00 and set a “neutral” rating for the company in a report on Monday, March 30th. Ascendiant Capital Markets cut their target price on shares of Intrusion from $12.50 to $10.50 and set a “buy” rating for the company in a report on Thursday, April 9th. Finally, Weiss Ratings lowered shares of Intrusion from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Intrusion has a consensus rating of “Hold” and a consensus price target of $5.75.

Intrusion Company Profile

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.