Intrusion’s (INTZ) “Sell (E+)” Rating Reaffirmed at Weiss Ratings

Weiss Ratings restated their sell (e+) rating on shares of Intrusion (NASDAQ:INTZ) in a research report report published on Tuesday morning,Weiss Ratings reports.

Other research analysts have also issued reports about the stock. HC Wainwright decreased their target price on shares of Intrusion from $2.50 to $2.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 19th. Ascendiant Capital Markets raised their price target on shares of Intrusion from $11.00 to $12.00 and gave the stock a “buy” rating in a report on Monday, October 6th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $7.00.

Intrusion Trading Up 5.1%

INTZ opened at $1.86 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.23 and a quick ratio of 3.23. The company’s 50 day simple moving average is $1.76 and its two-hundred day simple moving average is $1.73. Intrusion has a 1-year low of $0.35 and a 1-year high of $7.34. The firm has a market capitalization of $37.01 million, a price-to-earnings ratio of -2.02 and a beta of -1.54.

Intrusion (NASDAQ:INTZ) last released its earnings results on Tuesday, August 12th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.01). Intrusion had a negative return on equity of 154.60% and a negative net margin of 119.32%.The business had revenue of $1.87 million during the quarter, compared to analysts’ expectations of $1.80 million. Analysts expect that Intrusion will post -1.63 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Anthony Scott sold 18,254 shares of Intrusion stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $1.79, for a total value of $32,674.66. Following the completion of the sale, the chief executive officer owned 636,618 shares in the company, valued at approximately $1,139,546.22. This trade represents a 2.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 10.42% of the company’s stock.

Institutional Trading of Intrusion

Several institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its holdings in Intrusion by 18.8% in the 2nd quarter. Geode Capital Management LLC now owns 163,584 shares of the company’s stock valued at $375,000 after purchasing an additional 25,894 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in Intrusion in the 2nd quarter valued at approximately $96,000. Tritonpoint Wealth LLC acquired a new stake in Intrusion in the 2nd quarter valued at approximately $80,000. Finally, XTX Topco Ltd acquired a new stake in Intrusion in the 2nd quarter valued at approximately $55,000. Institutional investors and hedge funds own 19.43% of the company’s stock.

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.