Intrusion (NASDAQ:INTZ) Director Dion Hinchcliffe Sells 15,000 Shares

Intrusion Inc. (NASDAQ:INTZGet Free Report) Director Dion Hinchcliffe sold 15,000 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was 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 approximately $146,517.54. This trade represents a 7.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Intrusion Price Performance

Shares of NASDAQ INTZ opened at $0.78 on Friday. The stock has a market capitalization of $19.12 million, a price-to-earnings ratio of -1.42 and a beta of -1.55. Intrusion Inc. has a 12 month low of $0.59 and a 12 month high of $2.27. The firm’s 50 day simple moving average is $0.79 and its 200-day simple moving average is $0.84. 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 (NASDAQ:INTZGet 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 business had revenue of $1.45 million for the quarter, compared to analysts’ expectations of $1.50 million. Intrusion had a negative return on equity of 178.06% and a negative net margin of 191.24%. Analysts expect that Intrusion Inc. will post -0.36 EPS for the current year.

Institutional Trading of Intrusion

Hedge funds have recently bought and sold shares of the business. Virtu Financial LLC acquired a new position in shares of Intrusion during the 4th quarter worth approximately $31,000. Millennium Management LLC purchased a new position in Intrusion during the third quarter worth approximately $34,000. XTX Topco Ltd acquired a new position in Intrusion during the fourth quarter worth $35,000. Jane Street Group LLC purchased a new stake in Intrusion in the 4th quarter valued at $51,000. Finally, State Street Corp increased its stake in shares of Intrusion by 11.6% in the 4th quarter. State Street Corp now owns 102,765 shares of the company’s stock worth $118,000 after acquiring an additional 10,700 shares during the last quarter. Institutional investors and hedge funds own 19.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on INTZ shares. Ascendiant Capital Markets cut their target price on shares of Intrusion from $10.50 to $9.50 and set a “buy” rating for the company in a research note on Monday, June 8th. Zacks Research upgraded Intrusion from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 5th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intrusion in a research note on Wednesday, August 26th. One 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. Based on data from MarketBeat, Intrusion has an average rating of “Hold” and a consensus price target of $5.25.

Read Our Latest Analysis on Intrusion

Intrusion Company Profile

(Get Free Report)

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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