Intrusion (NASDAQ:INTZ – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday,Zacks.com reports.
Other analysts have also recently issued research reports about the company. HC Wainwright dropped their target price on Intrusion from $2.00 to $1.00 and set a “neutral” rating on the stock in a research report on Monday, March 30th. Ascendiant Capital Markets reduced their price target on Intrusion from $10.50 to $9.50 and set a “buy” rating for the company in a research report on Monday, June 8th. Finally, Weiss Ratings cut Intrusion from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, May 29th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $5.25.
View Our Latest Research Report on Intrusion
Intrusion Stock Performance
Intrusion (NASDAQ:INTZ – Get Free Report) last issued its quarterly earnings data 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 business had revenue of $0.89 million for the quarter, compared to analysts’ expectations of $2.02 million. Intrusion had a negative net margin of 169.48% and a negative return on equity of 129.84%. On average, analysts forecast that Intrusion will post -0.41 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Intrusion
A number of large investors have recently modified their holdings of the business. Millennium Management LLC purchased a new position in shares of Intrusion in the 3rd quarter valued at approximately $34,000. XTX Topco Ltd purchased a new stake in Intrusion during the 2nd quarter worth approximately $55,000. Virtu Financial LLC acquired a new position in Intrusion during the 4th quarter valued at approximately $31,000. Jane Street Group LLC acquired a new position in Intrusion during the 4th quarter valued at approximately $51,000. Finally, State Street Corp raised its holdings in shares of Intrusion by 11.6% in 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 during the last quarter. Hedge funds and other institutional investors own 19.43% of the company’s stock.
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.
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