Intrusion (NASDAQ:INTZ) Upgraded by Zacks Research to Hold Rating

Intrusion (NASDAQ:INTZ) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

INTZ has been the subject of a number of other research reports. Weiss Ratings cut shares of Intrusion from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, May 29th. Ascendiant Capital Markets decreased 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 analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $5.25.

Intrusion Price Performance

NASDAQ:INTZ opened at $0.76 on Wednesday. The business has a 50 day moving average of $0.80 and a 200 day moving average of $0.89. The company has a market capitalization of $17.30 million, a price-to-earnings ratio of -1.46 and a beta of -1.57. Intrusion has a 1-year low of $0.66 and a 1-year high of $2.27.

Intrusion (NASDAQ:INTZ) last issued its earnings results on Thursday, May 14th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.09). The firm had revenue of $0.89 million during the quarter, compared to analysts’ expectations of $2.02 million. Intrusion had a negative return on equity of 129.84% and a negative net margin of 169.48%. As a group, sell-side analysts anticipate that Intrusion will post -0.42 EPS for the current year.

Hedge Funds Weigh In On Intrusion

A number of large investors have recently bought and sold shares of INTZ. Virtu Financial LLC purchased a new stake in shares of Intrusion during the fourth quarter valued at approximately $31,000. Millennium Management LLC purchased a new position in shares of Intrusion in the third quarter worth $34,000. XTX Topco Ltd purchased a new position in shares of Intrusion in the fourth quarter worth $35,000. Jane Street Group LLC bought a new stake in Intrusion during the 4th quarter valued at $51,000. Finally, State Street Corp raised its holdings 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 buying an additional 10,700 shares during the last quarter. 19.43% of the stock is owned by hedge funds and other institutional investors.

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.