Key Points
- Director Stephen Jeffrey Garchik bought 120,482 shares of authID (AUID) on April 29 at an average price of $1.25, spending $150,602.50 and increasing his holding 70.53% to 291,316 shares valued at about $364,145.
- authID shares opened at $1.17 and trade below their 50‑day and 200‑day moving averages ($1.34 and $1.54), with a market cap of about $18.9M and weak recent results — Q1 EPS of ($0.28), revenue of ($0.30)M and a deeply negative net margin.
- Institutional ownership is low at 8.83%, though several investors (including XTX Topco, Comerica Bank, Corient Private Wealth and Connective Capital) have recently added or increased positions.
authID Inc. (NASDAQ:AUID - Get Free Report) Director Ken Jisser acquired 30,120 shares of the company's stock in a transaction dated Wednesday, April 29th. The shares were bought at an average cost of $1.25 per share, with a total value of $37,650.00. Following the purchase, the director owned 122,245 shares in the company, valued at approximately $152,806.25. The trade was a 32.69% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
authID Price Performance
NASDAQ AUID opened at $1.17 on Friday. authID Inc. has a 12 month low of $0.84 and a 12 month high of $9.58. The company has a 50-day moving average of $1.34 and a 200-day moving average of $1.54. The company has a market cap of $18.87 million, a P/E ratio of -0.84 and a beta of 1.57.
authID (NASDAQ:AUID - Get Free Report) last posted its quarterly earnings data on Tuesday, March 31st. The company reported ($0.28) EPS for the quarter. authID had a negative net margin of 653.77% and a negative return on equity of 187.96%. The company had revenue of ($0.30) million for the quarter.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the stock. HRT Financial LP acquired a new stake in authID during the 4th quarter worth approximately $69,000. XTX Topco Ltd acquired a new stake in authID during the 2nd quarter worth approximately $77,000. Comerica Bank increased its position in authID by 11.7% during the 1st quarter. Comerica Bank now owns 19,127 shares of the company's stock worth $93,000 after purchasing an additional 2,000 shares in the last quarter. Geode Capital Management LLC increased its position in authID by 10.4% during the 4th quarter. Geode Capital Management LLC now owns 138,843 shares of the company's stock worth $121,000 after purchasing an additional 13,087 shares in the last quarter. Finally, Corient Private Wealth LLC increased its position in authID by 207.7% during the 4th quarter. Corient Private Wealth LLC now owns 160,000 shares of the company's stock worth $140,000 after purchasing an additional 108,000 shares in the last quarter. Institutional investors and hedge funds own 8.83% of the company's stock.
authID Company Profile
(
Get Free Report)
authID (NASDAQ: AUID) is a technology company specializing in digital identity verification and biometric authentication solutions. The company offers a cloud-based platform designed to help organizations securely verify user identities, prevent account takeover and reduce fraud. Leveraging artificial intelligence and machine learning, authID's software supports biometric modalities including facial recognition, voice verification and liveness detection to ensure that customers are who they claim to be.
The company's flagship product suite enables enterprises to integrate identity proofing and continuous authentication into their online and mobile applications.
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