Intellicheck Mobilisa, Inc. (NASDAQ:IDN) Short Interest Up 32.3% in April

Intellicheck Mobilisa, Inc. (NASDAQ:IDN) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 397,974 shares, an increase of 32.3% from the March 31st total of 300,859 shares. Based on an average trading volume of 508,259 shares, the short-interest ratio is currently 0.8 days. Currently, 2.1% of the shares of the stock are short sold.

Intellicheck Mobilisa Trading Up 0.2%

NASDAQ:IDN traded up $0.02 on Friday, hitting $8.01. The company had a trading volume of 59,983 shares, compared to its average volume of 286,675. The stock has a market capitalization of $162.09 million, a price-to-earnings ratio of 133.86 and a beta of 1.00. The firm has a 50 day moving average of $6.44 and a two-hundred day moving average of $5.98. Intellicheck Mobilisa has a 52 week low of $2.47 and a 52 week high of $9.08.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on IDN. DA Davidson reaffirmed a “neutral” rating and set a $7.50 price target on shares of Intellicheck Mobilisa in a report on Friday, March 20th. Zacks Research raised shares of Intellicheck Mobilisa from a “hold” rating to a “strong-buy” rating in a report on Friday, April 10th. Finally, Wall Street Zen raised shares of Intellicheck Mobilisa from a “hold” rating to a “buy” rating in a report on Saturday, March 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Intellicheck Mobilisa presently has a consensus rating of “Moderate Buy” and an average price target of $7.25.

Insider Buying and Selling at Intellicheck Mobilisa

In other news, CEO Bryan Lewis sold 10,000 shares of the company’s 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 completion of the sale, the chief executive officer owned 40,000 shares of the company’s stock, valued at approximately $322,000. This represents a 20.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 40,000 shares of company stock worth $320,400. Corporate insiders own 7.76% of the company’s stock.

Institutional Trading of Intellicheck Mobilisa

Hedge funds and other institutional investors have recently made changes to their positions in the company. PFG Investments LLC bought a new stake in shares of Intellicheck Mobilisa during the fourth quarter worth about $70,000. Occudo Quantitative Strategies LP acquired a new position in Intellicheck Mobilisa in the 2nd quarter valued at approximately $65,000. Jump Financial LLC acquired a new position in Intellicheck Mobilisa in the 2nd quarter valued at approximately $66,000. JPMorgan Chase & Co. increased its position in Intellicheck Mobilisa by 21,267.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 13,889 shares of the company’s stock valued at $75,000 after acquiring an additional 13,824 shares during the period. Finally, Tower Research Capital LLC TRC acquired a new position in Intellicheck Mobilisa in the 2nd quarter valued at approximately $79,000. 42.79% of the stock is currently owned by institutional investors.

Intellicheck Mobilisa Company Profile

Intellicheck Mobilisa, 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.