Intrusion (NASDAQ:INTZ) Stock Rating Upgraded by Zacks Research

Intrusion (NASDAQ:INTZ) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Other analysts have also issued research reports about the company. Ascendiant Capital Markets lowered their target price on Intrusion from $10.50 to $9.50 and set a “buy” rating for the company in a report on Monday, June 8th. Weiss Ratings downgraded Intrusion from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, May 29th. 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. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $5.25.

Intrusion Stock Down 1.2%

INTZ stock opened at $0.76 on Wednesday. The business’s fifty day simple moving average is $0.80 and its two-hundred day simple moving average is $0.89. Intrusion has a twelve month low of $0.66 and a twelve month high of $2.27. The firm has a market cap of $17.30 million, a price-to-earnings ratio of -1.46 and a beta of -1.57.

Intrusion (NASDAQ:INTZ) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.09). The company had revenue of $0.89 million for the quarter, compared to the consensus estimate of $2.02 million. Intrusion had a negative net margin of 169.48% and a negative return on equity of 129.84%. Research analysts expect that Intrusion will post -0.42 EPS for the current year.

Institutional Investors Weigh In On Intrusion

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC purchased a new position in shares of Intrusion during the 4th quarter valued at about $31,000. Millennium Management LLC acquired a new position in shares of Intrusion in the 3rd quarter valued at about $34,000. XTX Topco Ltd purchased a new stake in shares of Intrusion in the fourth quarter worth about $35,000. Jane Street Group LLC purchased a new stake in shares of Intrusion in the fourth quarter worth about $51,000. Finally, State Street Corp grew its holdings in Intrusion by 11.6% during the fourth quarter. State Street Corp now owns 102,765 shares of the company’s stock worth $118,000 after acquiring an additional 10,700 shares during the period. 19.43% of the stock is owned by institutional investors and hedge funds.

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.