Short Interest in Intellicheck, Inc. (NASDAQ:IDN) Rises By 102.6%

Intellicheck, Inc. (NASDAQ:IDN) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 694,191 shares, a growth of 102.6% from the April 30th total of 342,632 shares. Approximately 3.7% of the shares of the stock are sold short. Based on an average trading volume of 850,192 shares, the short-interest ratio is currently 0.8 days.

Insider Activity

In other news, CEO Bryan Lewis sold 10,000 shares of the stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $8.05, for a total value of $80,500.00. Following the completion of the transaction, the chief executive officer directly owned 40,000 shares in the company, valued at $322,000. This trade represents a 20.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 40,000 shares of company stock valued at $320,400 in the last ninety days. Company insiders own 7.76% of the company’s stock.

Hedge Funds Weigh In On Intellicheck

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IDN. JPMorgan Chase & Co. boosted its stake in Intellicheck by 21,267.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock worth $75,000 after purchasing an additional 13,824 shares during the period. XTX Topco Ltd boosted its stake in shares of Intellicheck by 23.3% during the 2nd 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 acquired a new stake in shares of Intellicheck during the 2nd quarter valued at $1,102,000. Jump Financial LLC acquired a new stake in shares of Intellicheck during the 2nd quarter valued at $66,000. Finally, NewEdge Advisors LLC acquired a new stake in shares of Intellicheck during the 2nd quarter valued at $232,000. Institutional investors and hedge funds own 42.79% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on IDN. Weiss Ratings cut shares of Intellicheck from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, May 21st. Wall Street Zen raised Intellicheck from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 23rd. Zacks Research raised Intellicheck from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 10th. DA Davidson reissued a “buy” rating and set a $7.50 price objective on shares of Intellicheck in a research note on Wednesday, May 13th. Finally, Craig Hallum lowered Intellicheck from a “buy” rating to a “hold” rating and set a $6.50 price objective for the company. in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $7.38.

Intellicheck Price Performance

Intellicheck stock traded down $0.01 during midday trading on Tuesday, reaching $4.32. The stock had a trading volume of 678,984 shares, compared to its average volume of 373,350. The firm’s fifty day simple moving average is $6.62 and its two-hundred day simple moving average is $6.10. Intellicheck has a twelve month low of $4.00 and a twelve month high of $9.08. The firm has a market cap of $87.48 million, a price-to-earnings ratio of 39.28 and a beta of 0.80.

Intellicheck (NASDAQ:IDN) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $0.03 EPS for the quarter, hitting analysts’ consensus estimates of $0.03. Intellicheck had a net margin of 9.56% and a return on equity of 11.26%. The firm had revenue of $5.52 million during the quarter. As a group, sell-side analysts predict that Intellicheck will post 0.17 EPS for the current fiscal year.

Intellicheck Company Profile

Intellicheck, 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.