Insider Selling: Intrusion (NASDAQ:INTZ) Director Sells $11,700.00 in Stock

Intrusion Inc. (NASDAQ:INTZ) Director Dion Hinchcliffe sold 15,000 shares of the firm’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $0.78, for a total transaction of $11,700.00. Following the completion of the transaction, the director directly owned 187,843 shares in the company, valued at approximately $146,517.54. This represents a 7.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Intrusion Stock Performance

NASDAQ:INTZ opened at $0.78 on Monday. The firm’s fifty day simple moving average is $0.79 and its 200 day simple moving average is $0.84. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.25. Intrusion Inc. has a twelve month low of $0.59 and a twelve month high of $2.27. The firm has a market capitalization of $19.12 million, a price-to-earnings ratio of -1.42 and a beta of -1.55.

Intrusion (NASDAQ:INTZ) last announced its quarterly earnings results on Tuesday, August 11th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.03). The company had revenue of $1.45 million during the quarter, compared to analyst estimates of $1.50 million. Intrusion had a negative net margin of 191.24% and a negative return on equity of 178.06%. As a group, equities research analysts expect that Intrusion Inc. will post -0.36 earnings per share for the current fiscal year.

Institutional Trading of Intrusion

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Virtu Financial LLC acquired a new position in shares of Intrusion in the fourth quarter worth about $31,000. XTX Topco Ltd purchased a new position in Intrusion in the fourth quarter valued at about $35,000. State Street Corp grew its stake in Intrusion by 11.6% during the 4th quarter. State Street Corp now owns 102,765 shares of the company’s stock valued at $118,000 after purchasing an additional 10,700 shares in the last quarter. Jane Street Group LLC acquired a new stake in Intrusion during the 4th quarter valued at approximately $51,000. Finally, Potomac Capital Management Inc. purchased a new stake in Intrusion during the 4th quarter worth approximately $544,000. 19.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Weiss Ratings restated a “sell (e+)” rating on shares of Intrusion in a report on Wednesday, August 26th. Zacks Research upgraded shares of Intrusion from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 5th. Finally, Ascendiant Capital Markets reduced their target price on shares of Intrusion from $10.50 to $9.50 and set a “buy” rating on the stock in a research report on Monday, June 8th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Intrusion currently has an average rating of “Hold” and an average price target of $5.25.

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. 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.