Corient Private Wealth LLC Buys Shares of 20,000 Intellicheck, Inc. (NYSE:IDN)

Corient Private Wealth LLC purchased a new stake in shares of Intellicheck, Inc. (NYSE:IDN) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 20,000 shares of the company’s stock, valued at approximately $56,000.

Several other institutional investors have also modified their holdings of IDN. Hilltop Holdings Inc. purchased a new stake in shares of Intellicheck in the 3rd quarter worth about $43,000. Wilkinson Global Asset Management LLC grew its position in shares of Intellicheck by 7.2% in the fourth quarter. Wilkinson Global Asset Management LLC now owns 205,402 shares of the company’s stock valued at $575,000 after purchasing an additional 13,825 shares during the last quarter. Garden State Investment Advisory Services LLC increased its stake in shares of Intellicheck by 3.7% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 269,357 shares of the company’s stock worth $585,000 after purchasing an additional 9,500 shares in the last quarter. Finally, Cutter & CO Brokerage Inc. acquired a new position in shares of Intellicheck during the 4th quarter worth approximately $64,000. Hedge funds and other institutional investors own 42.79% of the company’s stock.

Intellicheck Stock Performance

IDN stock opened at $2.95 on Thursday. The stock’s 50 day simple moving average is $2.62 and its 200 day simple moving average is $2.55. Intellicheck, Inc. has a 12-month low of $1.92 and a 12-month high of $4.46. The firm has a market cap of $58.30 million, a P/E ratio of -98.33 and a beta of 1.90.

Analysts Set New Price Targets

A number of research analysts have issued reports on IDN shares. StockNews.com assumed coverage on shares of Intellicheck in a report on Saturday, March 29th. They issued a “sell” rating on the stock. HC Wainwright reissued a “buy” rating and set a $4.00 price objective on shares of Intellicheck in a research note on Friday, March 21st.

About Intellicheck

Intellicheck, Inc, a technology company, provides on-demand digital identity validation solutions for KYC, fraud, and age verification needs in North America. The company offers solutions for digital and physical identities for financial services, fintech companies, BNPL providers, e-commerce and retail commerce businesses, law enforcement, and government agencies.