authID Inc. (NASDAQ:AUID) CTO Sells $41,500.00 in Stock

authID Inc. (NASDAQ:AUID) CTO Thomas Robert Szoke sold 5,000 shares of the stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $8.30, for a total value of $41,500.00. Following the transaction, the chief technology officer now owns 28,653 shares in the company, valued at approximately $237,819.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Thomas Robert Szoke also recently made the following trade(s):

• On Thursday, August 22nd, Thomas Robert Szoke sold 9,506 shares of authID stock. The shares were sold at an average price of $8.02, for a total value of $76,238.12.

authID Price Performance

NASDAQ AUID traded up $0.56 on Monday, hitting $8.66. The company had a trading volume of 12,745 shares, compared to its average volume of 21,960. authID Inc. has a 12-month low of $5.61 and a 12-month high of $13.63. The company’s fifty day moving average price is $9.28 and its 200-day moving average price is $8.80.

authID (NASDAQ:AUID) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.34) EPS for the quarter. The firm had revenue of $0.28 million during the quarter. authID had a negative net margin of 6,689.18% and a negative return on equity of 204.12%.

Institutional Investors Weigh In On authID

A number of large investors have recently made changes to their positions in the stock. Leo Wealth LLC purchased a new stake in authID in the 4th quarter valued at $1,232,000. Johnson Financial Group Inc. boosted its position in shares of authID by 100.0% during the 4th quarter. Johnson Financial Group Inc. now owns 40,610 shares of the company’s stock valued at $384,000 after acquiring an additional 20,305 shares during the last quarter. Wealthspire Advisors LLC grew its holdings in shares of authID by 126.3% in the fourth quarter. Wealthspire Advisors LLC now owns 29,867 shares of the company’s stock valued at $283,000 after purchasing an additional 16,667 shares during the period. Finally, Brighton Jones LLC acquired a new stake in authID during the second quarter worth about $191,000. 8.83% of the stock is currently owned by hedge funds and other institutional investors.

About authID

authID Inc provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide. The company offers solutions through its Verified platform to enable their users to easily verify and authenticate their identity through a mobile device or desktop.