Intrusion (NASDAQ:INTZ) Releases Earnings Results, Meets Estimates

Intrusion (NASDAQ:INTZ) issued its earnings results on Tuesday. The company reported ($0.10) EPS for the quarter, hitting the consensus estimate of ($0.10), Zacks reports. The firm had revenue of $1.97 million during the quarter, compared to analysts’ expectations of $1.91 million. Intrusion had a negative return on equity of 154.60% and a negative net margin of 119.32%.

Intrusion Trading Down 4.9%

Shares of INTZ opened at $1.67 on Wednesday. The stock has a fifty day moving average price of $1.79 and a two-hundred day moving average price of $1.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.23 and a current ratio of 3.23. The company has a market cap of $33.13 million, a price-to-earnings ratio of -1.83 and a beta of -1.65. Intrusion has a 52-week low of $0.35 and a 52-week high of $7.34.

Insider Transactions at Intrusion

In other Intrusion news, CEO Anthony Scott sold 18,254 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $1.79, for a total transaction of $32,674.66. Following the sale, the chief executive officer owned 636,618 shares of the company’s stock, valued at $1,139,546.22. This represents a 2.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 10.42% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Intrusion stock. XTX Topco Ltd purchased a new position in shares of Intrusion Inc. (NASDAQ:INTZ) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 23,804 shares of the company’s stock, valued at approximately $55,000. XTX Topco Ltd owned 0.12% of Intrusion at the end of the most recent reporting period. 19.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. HC Wainwright dropped their price objective on shares of Intrusion from $2.50 to $2.00 and set a “neutral” rating for the company in a research note on Tuesday, August 19th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intrusion in a report on Tuesday, October 14th. Finally, Ascendiant Capital Markets upped their price objective on Intrusion from $11.00 to $12.00 and gave the company a “buy” rating in a research note on Monday, October 6th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $7.00.

Intrusion Company Profile

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.