Captrust Financial Advisors Makes New $676,000 Investment in Intellicheck, Inc. (NYSE:IDN)

Captrust Financial Advisors bought a new position in Intellicheck, Inc. (NYSE:IDN) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 241,556 shares of the company’s stock, valued at approximately $676,000. Captrust Financial Advisors owned about 1.22% of Intellicheck as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Topline Capital Management LLC acquired a new stake in shares of Intellicheck during the 4th quarter worth about $3,248,000. Cutter & CO Brokerage Inc. acquired a new stake in shares of Intellicheck during the 4th quarter worth about $64,000. Corient Private Wealth LLC acquired a new stake in shares of Intellicheck during the 4th quarter worth about $56,000. Wilkinson Global Asset Management LLC increased its position in shares of Intellicheck by 7.2% during the 4th quarter. Wilkinson Global Asset Management LLC now owns 205,402 shares of the company’s stock worth $575,000 after purchasing an additional 13,825 shares during the last quarter. Finally, Renaissance Technologies LLC increased its position in shares of Intellicheck by 9.5% during the 4th quarter. Renaissance Technologies LLC now owns 114,000 shares of the company’s stock worth $319,000 after purchasing an additional 9,900 shares during the last quarter. 42.79% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. DA Davidson raised their price objective on Intellicheck from $2.50 to $3.00 and gave the stock a “neutral” rating in a research report on Wednesday. HC Wainwright reissued a “buy” rating and set a $4.00 price objective on shares of Intellicheck in a research report on Friday, March 21st. Finally, StockNews.com assumed coverage on Intellicheck in a research report on Tuesday, April 22nd. They set a “hold” rating for the company.

Intellicheck Price Performance

NYSE IDN opened at $3.38 on Friday. The company has a market cap of $67.08 million, a P/E ratio of -112.67 and a beta of 0.86. The stock has a 50-day moving average of $2.61 and a two-hundred day moving average of $2.65. Intellicheck, Inc. has a 1-year low of $1.92 and a 1-year high of $4.46.

Intellicheck Profile

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.