Key Points
- Intrusion Director Dion Hinchcliffe sold 15,000 shares at an average price of $0.78, totaling $11,700 and reducing his ownership by 7.39% to 187,843 shares.
- Intrusion reported a quarterly loss of $0.13 per share, missing estimates by $0.03, while revenue of $1.45 million fell short of the $1.50 million consensus forecast.
- Analyst sentiment is mixed, with a consensus rating of Hold and a $5.25 price target; hedge funds and institutional investors own 19.43% of the company.
Intrusion Inc. (NASDAQ:INTZ - Get Free Report) Director Dion Hinchcliffe sold 15,000 shares of the business's stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $0.78, for a total transaction of $11,700.00. Following the completion of the transaction, the director owned 187,843 shares in the company, valued at $146,517.54. The trade was a 7.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Intrusion Stock Performance
Intrusion stock opened at $0.78 on Friday. The firm has a 50 day simple moving average of $0.79 and a 200-day simple moving average of $0.84. The stock has a market cap of $19.12 million, a price-to-earnings ratio of -1.42 and a beta of -1.55. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.39 and a quick ratio of 0.39. Intrusion Inc. has a 1-year low of $0.59 and a 1-year high of $2.27.
Intrusion (NASDAQ:INTZ - Get Free Report) last released its quarterly earnings data on Tuesday, August 11th. The company reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.03). The business had revenue of $1.45 million during the quarter, compared to analyst estimates of $1.50 million. Intrusion had a negative net margin of 191.24% and a negative return on equity of 178.06%. On average, analysts expect that Intrusion Inc. will post -0.36 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Potomac Capital Management Inc. purchased a new stake in Intrusion during the 4th quarter worth about $544,000. Geode Capital Management LLC boosted its stake in shares of Intrusion by 8.9% in the 4th quarter. Geode Capital Management LLC now owns 187,408 shares of the company's stock valued at $216,000 after buying an additional 15,344 shares during the period. State Street Corp grew its position in shares of Intrusion by 11.6% during the fourth quarter. State Street Corp now owns 102,765 shares of the company's stock worth $118,000 after buying an additional 10,700 shares in the last quarter. XTX Topco Ltd acquired a new stake in Intrusion in the second quarter valued at approximately $55,000. Finally, Jane Street Group LLC acquired a new stake in Intrusion in the fourth quarter valued at approximately $51,000. 19.43% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on INTZ. Weiss Ratings reiterated a "sell (e+)" rating on shares of Intrusion in a research report on Wednesday, August 26th. Ascendiant Capital Markets cut their target price on Intrusion from $10.50 to $9.50 and set a "buy" rating on the stock in a research report on Monday, June 8th. Finally, Zacks Research upgraded Intrusion from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $5.25.
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Intrusion Company Profile
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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.
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