AIGH Capital Management LLC Acquires 303,815 Shares of Intellicheck, Inc. $IDN

AIGH Capital Management LLC raised its holdings in shares of Intellicheck, Inc. (NASDAQ:IDN) by 25.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,517,249 shares of the company’s stock after buying an additional 303,815 shares during the period. Intellicheck comprises 1.4% of AIGH Capital Management LLC’s portfolio, making the stock its 20th largest holding. AIGH Capital Management LLC owned 0.07% of Intellicheck worth $10,606,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of IDN. Essex Investment Management Co. LLC bought a new stake in shares of Intellicheck during the 4th quarter valued at $2,150,000. Marshall Wace LLP bought a new position in Intellicheck in the 2nd quarter worth $1,102,000. Jane Street Group LLC lifted its position in Intellicheck by 93.6% during the fourth quarter. Jane Street Group LLC now owns 275,986 shares of the company’s stock valued at $1,844,000 after purchasing an additional 133,396 shares in the last quarter. Two Sigma Investments LP grew its holdings in Intellicheck by 144.8% during the third quarter. Two Sigma Investments LP now owns 181,281 shares of the company’s stock valued at $943,000 after purchasing an additional 107,243 shares during the period. Finally, Legato Capital Management LLC bought a new stake in Intellicheck during the fourth quarter valued at about $693,000. Hedge funds and other institutional investors own 42.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on IDN shares. DA Davidson reiterated a “buy” rating and set a $7.50 price objective on shares of Intellicheck in a research note on Wednesday, May 13th. Wall Street Zen cut shares of Intellicheck from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 6th. Craig Hallum downgraded shares of Intellicheck from a “buy” rating to a “hold” rating and set a $6.50 price target on the stock. in a report on Wednesday, May 13th. Zacks Research upgraded shares of Intellicheck from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 10th. Finally, Weiss Ratings cut shares of Intellicheck from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Intellicheck presently has an average rating of “Moderate Buy” and an average price target of $7.38.

Insider Transactions at Intellicheck

In other news, CEO Bryan Lewis sold 10,000 shares of Intellicheck stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $8.05, for a total transaction of $80,500.00. Following the sale, the chief executive officer 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 filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 35,550 shares of company stock worth $268,521. Company insiders own 7.76% of the company’s stock.

Intellicheck Trading Down 2.1%

NASDAQ:IDN opened at $4.17 on Thursday. Intellicheck, Inc. has a 12-month low of $3.95 and a 12-month high of $9.08. The stock has a 50-day moving average price of $4.85 and a 200 day moving average price of $5.68. The stock has a market capitalization of $84.44 million, a P/E ratio of 37.91 and a beta of 0.80.

Intellicheck (NASDAQ:IDN) last issued its earnings results on Tuesday, May 12th. The company reported $0.03 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.03. Intellicheck had a return on equity of 11.26% and a net margin of 9.56%.The company had revenue of $5.52 million for the quarter. On average, research analysts predict that Intellicheck, Inc. will post 0.17 earnings per share for the current fiscal year.

About Intellicheck

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.