Intrusion (NASDAQ:INTZ – Get Free Report) had its target price cut by equities research analysts at Ascendiant Capital Markets from $9.50 to $9.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the stock.
Other equities research analysts also recently issued research reports about the stock. Weiss Ratings downgraded shares of Intrusion from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, May 29th. Zacks Research upgraded Intrusion from a “strong sell” rating to a “hold” rating in a research note 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 given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $5.00.
Check Out Our Latest Analysis on Intrusion
Intrusion Stock Performance
Intrusion (NASDAQ:INTZ – Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.03). The company had revenue of $1.45 million during the quarter, compared to the consensus estimate of $1.50 million. Intrusion had a negative return on equity of 178.06% and a negative net margin of 191.24%. On average, analysts expect that Intrusion will post -0.42 EPS for the current fiscal year.
Institutional Trading of Intrusion
A number of institutional investors and hedge funds have recently made changes to their positions in INTZ. Virtu Financial LLC bought a new stake in shares of Intrusion in the 4th quarter worth approximately $31,000. XTX Topco Ltd acquired a new position in Intrusion during the 4th quarter valued at approximately $35,000. State Street Corp grew its stake in Intrusion by 11.6% during the 4th 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. Jane Street Group LLC bought a new position in Intrusion during the 4th quarter worth $51,000. Finally, Potomac Capital Management Inc. bought a new position in Intrusion during the 4th quarter worth $544,000. 19.43% of the stock is currently owned by institutional investors and hedge funds.
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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