T Stamp Inc. (NASDAQ:IDAI – Get Free Report) CEO Gareth Neville Genner acquired 9,394 shares of T Stamp stock in a transaction dated Thursday, August 20th. The shares were purchased at an average cost of $3.04 per share, with a total value of $28,557.76. Following the completion of the transaction, the chief executive officer directly owned 150,075 shares of the company’s stock, valued at $456,228. This trade represents a 6.68% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.
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 purchased at an average cost of $2.55 per share, with a total value 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 price of $3.09 per share, for a total transaction of $2,472.00.
- On Tuesday, August 18th, Gareth Neville Genner acquired 6,500 shares of T Stamp stock. The stock was acquired at an average cost of $2.48 per share, for a total transaction of $16,120.00.
T Stamp Stock Up 1.3%
IDAI traded up $0.04 during trading hours on Friday, hitting $3.22. 40,111 shares of the company’s stock were exchanged, compared to its average volume of 68,158. The stock has a market cap of $18.16 million, a price-to-earnings ratio of -1.60 and a beta of 0.70. T Stamp Inc. has a 1-year low of $1.17 and a 1-year high of $5.28. The stock’s 50-day moving average is $2.24 and its two-hundred day moving average is $2.41. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.28.
Institutional Trading of T Stamp
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC lifted its stake in T Stamp by 7.7% in the 1st quarter. Kestra Advisory Services LLC now owns 56,050 shares of the company’s stock valued at $134,000 after purchasing an additional 4,000 shares during the last quarter. MidFirst Bank acquired a new position in T Stamp during the fourth quarter worth approximately $30,000. Geode Capital Management LLC raised its stake 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 buying an additional 13,125 shares during the period. Dimensional Fund Advisors LP acquired a new stake in shares of T Stamp in the first quarter valued at approximately $44,000. Finally, Jane Street Group LLC bought a new position in shares of T Stamp during the 4th quarter worth approximately $220,000. 16.34% of the stock is owned by institutional investors.
Analyst Ratings Changes
Separately, Zacks Research raised T Stamp to a “hold” rating in a research report on Wednesday, May 20th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $12.00.
Check Out Our Latest Stock Report on T Stamp
About T Stamp
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.
Read More
- Five stocks we like better than T Stamp
- Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
- Meta Platform’s Legal Issues Could Become Much More Than A Q2 Earnings Headache
- Marvell Constructs an AI Moat With Alphabet Warrants
- Microsoft’s Sell-Off May Be a Gift, Not a Warning
Receive News & Ratings for T Stamp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T Stamp and related companies with MarketBeat.com's FREE daily email newsletter.
