Intrusion (NASDAQ:INTZ) Given New $10.50 Price Target at Ascendiant Capital Markets

Intrusion (NASDAQ:INTZ) had its price target lowered by analysts at Ascendiant Capital Markets from $12.50 to $10.50 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock.

A number of other analysts also recently issued reports on INTZ. Weiss Ratings reissued a “sell (e+)” rating on shares of Intrusion in a research report on Monday, December 29th. HC Wainwright decreased their target price on Intrusion from $2.00 to $1.00 and set a “neutral” rating for the company in a research report on Monday, March 30th. Finally, Wall Street Zen raised Intrusion from a “sell” rating to a “hold” rating in a research report on Saturday, January 10th. One investment 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, the company has an average rating of “Hold” and a consensus target price of $5.75.

Intrusion Price Performance

NASDAQ:INTZ opened at $0.83 on Thursday. The business has a fifty day simple moving average of $0.99 and a two-hundred day simple moving average of $1.33. Intrusion has a 1 year low of $0.75 and a 1 year high of $2.64. The company has a market capitalization of $16.90 million, a P/E ratio of -1.84 and a beta of -1.84.

Intrusion (NASDAQ:INTZ) last released its earnings results on Tuesday, March 24th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.05). Intrusion had a negative return on equity of 86.02% and a negative net margin of 127.65%.The firm had revenue of $1.48 million during the quarter, compared to analysts’ expectations of $2.06 million. As a group, analysts anticipate that Intrusion will post -1.63 earnings per share for the current year.

Hedge Funds Weigh In On Intrusion

Several hedge funds have recently made changes to their positions in INTZ. Virtu Financial LLC purchased a new position in shares of Intrusion in the fourth quarter valued at $31,000. Millennium Management LLC purchased a new position in shares of Intrusion in the third quarter valued at $34,000. XTX Topco Ltd purchased a new position in shares of Intrusion in the fourth quarter valued at $35,000. Jane Street Group LLC purchased a new position in shares of Intrusion in the fourth quarter valued at $51,000. Finally, GSA Capital Partners LLP purchased a new position in shares of Intrusion in the third quarter valued at $91,000. 19.43% of the stock is currently owned by hedge funds and other institutional investors.

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.