Key Points
- CEO Gareth Neville Genner purchased 9,394 T Stamp shares at an average price of $3.04, investing $28,557.76 and increasing his direct ownership by 6.68% to 150,075 shares.
- Genner also bought 7,906 additional shares across transactions from August 18–20, bringing his recent purchases to more than 17,000 shares.
- T Stamp reported a quarterly loss of $0.48 per share, missing estimates by $0.14, while revenue matched expectations at $0.90 million. Analysts maintain a “Moderate Buy” consensus with a $12.00 target price.
T Stamp Inc. (NASDAQ:IDAI - Get Free Report) CEO Gareth Neville Genner acquired 9,394 shares of the business's stock in a transaction that occurred on Thursday, August 20th. The stock was purchased at an average price of $3.04 per share, for a total transaction of $28,557.76. Following the acquisition, the chief executive officer directly owned 150,075 shares in the company, valued at approximately $456,228. This trade represents a 6.68% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Gareth Neville Genner also recently made the following trade(s):
- On Wednesday, August 19th, Gareth Neville Genner purchased 606 shares of T Stamp stock. The shares were acquired at an average price of $2.55 per share, for a total transaction of $1,545.30.
- On Thursday, August 20th, Gareth Neville Genner acquired 800 shares of T Stamp stock. The stock was acquired at an average cost of $3.09 per share, with a total value of $2,472.00.
- On Tuesday, August 18th, Gareth Neville Genner bought 6,500 shares of T Stamp stock. The shares were bought at an average cost of $2.48 per share, with a total value of $16,120.00.
T Stamp Stock Performance
Shares of T Stamp stock opened at $3.20 on Friday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 6.48 and a current ratio of 6.48. T Stamp Inc. has a one year low of $1.17 and a one year high of $5.28. The company has a market cap of $18.04 million, a PE ratio of -1.59 and a beta of 0.70. The business has a 50-day simple moving average of $2.27 and a 200-day simple moving average of $2.42.
T Stamp (NASDAQ:IDAI - Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.48) earnings per share for the quarter, missing analysts' consensus estimates of ($0.34) by ($0.14). The firm had revenue of $0.90 million during the quarter, compared to analyst estimates of $0.90 million. T Stamp had a negative net margin of 272.78% and a negative return on equity of 137.70%. On average, equities research analysts forecast that T Stamp Inc. will post -1.39 EPS for the current fiscal year.
Hedge Funds Weigh In On T Stamp
Institutional investors have recently bought and sold shares of the company. Kestra Advisory Services LLC increased its stake in shares of T Stamp by 7.7% during the first quarter. Kestra Advisory Services LLC now owns 56,050 shares of the company's stock worth $134,000 after acquiring an additional 4,000 shares during the period. MidFirst Bank purchased a new position in T Stamp in the fourth quarter worth $30,000. Geode Capital Management LLC lifted its holdings in T Stamp by 67.7% in the fourth quarter. Geode Capital Management LLC now owns 32,517 shares of the company's stock valued at $127,000 after acquiring an additional 13,125 shares during the period. Dimensional Fund Advisors LP acquired a new position in shares of T Stamp during the 1st quarter worth $44,000. Finally, Jane Street Group LLC acquired a new stake in shares of T Stamp in the fourth quarter valued at about $220,000. 16.34% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Separately, Zacks Research upgraded T Stamp to a "hold" rating in a research note on Wednesday, May 20th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $12.00.
Check Out Our Latest Research Report on T Stamp
T Stamp Company Profile
(
Get Free Report)
T Stamp Inc develops and markets identity authentication software solutions for government and enterprise partners, and peer-to-peer markets worldwide. It develops proprietary artificial intelligence-powered solutions, researching and leveraging machine learning, artificial intelligence, biometric science, cryptography, and data mining to deliver insightful identity and trust predictions that identify and defend against fraudulent identity attacks, protect sensitive user information, and extend the reach of digital services through global accessibility.
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