Key Points
- Director Ken Jisser purchased 40,650 shares on Nov. 25 at an average price of $1.24 (total ~$50,406), boosting his direct holding by 78.97% to 92,125 shares valued at about $114,235.
- authID shares traded at $1.31 mid-day with a 52-week range of $1.16–$9.58 and moving averages of $2.46 (50-day) and $3.76 (200-day); the company reported quarterly EPS of ($0.38) and deeply negative margins and return on equity, reflecting weak profitability.
- Institutional ownership is low at 8.83%, though several hedge funds have recently adjusted positions (e.g., Connective Capital increased to 120,949 shares), indicating some institutional buying interest despite the company's struggles.
authID Inc. (NASDAQ:AUID - Get Free Report) Director Ken Jisser bought 40,650 shares of the business's stock in a transaction that occurred on Tuesday, November 25th. The shares were acquired at an average price of $1.24 per share, with a total value of $50,406.00. Following the transaction, the director directly owned 92,125 shares of the company's stock, valued at $114,235. This represents a 78.97% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
authID Price Performance
Shares of AUID stock traded up $0.07 during mid-day trading on Thursday, hitting $1.31. The company had a trading volume of 798,853 shares, compared to its average volume of 3,445,174. authID Inc. has a 52-week low of $1.16 and a 52-week high of $9.58. The stock's 50 day moving average price is $2.46 and its 200-day moving average price is $3.76. The company has a market capitalization of $17.61 million, a P/E ratio of -0.82 and a beta of 1.57.
authID (NASDAQ:AUID - Get Free Report) last released its quarterly earnings results on Wednesday, November 12th. The company reported ($0.38) earnings per share for the quarter. The firm had revenue of ($0.11) million for the quarter. authID had a negative net margin of 728.89% and a negative return on equity of 180.17%.
Hedge Funds Weigh In On authID
Several hedge funds have recently added to or reduced their stakes in AUID. XTX Topco Ltd purchased a new stake in authID in the second quarter worth $77,000. Comerica Bank grew its stake in authID by 11.7% in the first quarter. Comerica Bank now owns 19,127 shares of the company's stock valued at $93,000 after purchasing an additional 2,000 shares during the last quarter. Private Wealth Asset Management LLC bought a new position in authID in the second quarter worth about $138,000. Corient Private Wealth LLC lifted its position in shares of authID by 136.4% during the second quarter. Corient Private Wealth LLC now owns 52,000 shares of the company's stock valued at $275,000 after buying an additional 30,000 shares during the last quarter. Finally, Connective Capital Management LLC increased its position in shares of authID by 59.1% during the third quarter. Connective Capital Management LLC now owns 120,949 shares of the company's stock worth $386,000 after purchasing an additional 44,922 shares in the last quarter. 8.83% of the stock is currently owned by institutional investors.
authID Company Profile
(
Get Free Report)
authID Inc provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company offers solutions through its Verified platform to enable their users to easily verify and authenticate their identity through a mobile device or desktop.
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