Intellicheck, Inc. (NYSE:IDN) Stock Position Reduced by AIGH Capital Management LLC

AIGH Capital Management LLC trimmed its position in Intellicheck, Inc. (NYSE:IDN) by 8.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,617,696 shares of the company’s stock after selling 150,036 shares during the quarter. Intellicheck makes up approximately 1.4% of AIGH Capital Management LLC’s holdings, making the stock its 22nd largest position. AIGH Capital Management LLC owned 8.19% of Intellicheck worth $4,530,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Hilltop Holdings Inc. acquired a new stake in shares of Intellicheck during the third quarter worth $43,000. Corient Private Wealth LLC bought a new stake in shares of Intellicheck during the 4th quarter valued at about $56,000. Cutter & CO Brokerage Inc. acquired a new stake in Intellicheck during the fourth quarter worth about $64,000. CIBC Private Wealth Group LLC lifted its holdings in Intellicheck by 9.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 64,336 shares of the company’s stock worth $173,000 after acquiring an additional 5,760 shares during the last quarter. Finally, Wilkinson Global Asset Management LLC boosted its stake in 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 acquiring an additional 13,825 shares during the period. 42.79% of the stock is owned by institutional investors and hedge funds.

Intellicheck Stock Up 11.2 %

NYSE:IDN opened at $2.88 on Friday. The business’s 50-day moving average price is $2.61 and its 200 day moving average price is $2.53. Intellicheck, Inc. has a 52-week low of $1.92 and a 52-week high of $4.46. The firm has a market cap of $56.91 million, a P/E ratio of -96.00 and a beta of 1.90.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on IDN shares. HC Wainwright reiterated a “buy” rating and set a $4.00 price target on shares of Intellicheck in a research report on Friday, March 21st. StockNews.com began coverage on shares of Intellicheck in a report on Saturday. They issued a “sell” rating for the company.

Intellicheck Company 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.