authID Inc. (NASDAQ:AUID) CTO Sells $76,238.12 in Stock

authID Inc. (NASDAQ:AUID) CTO Thomas Robert Szoke sold 9,506 shares of authID stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $8.02, for a total transaction of $76,238.12. Following the transaction, the chief technology officer now directly owns 36,119 shares in the company, valued at $289,674.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Monday, August 26th, Thomas Robert Szoke sold 5,000 shares of authID stock. The stock was sold at an average price of $8.30, for a total value of $41,500.00.

authID Price Performance

NASDAQ:AUID opened at $7.99 on Thursday. authID Inc. has a 1 year low of $5.61 and a 1 year high of $13.63. The stock has a 50-day moving average price of $9.13 and a two-hundred day moving average price of $8.77.

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

Institutional Investors Weigh In On authID

Several institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC acquired a new position in authID in the 2nd quarter worth $191,000. Wealthspire Advisors LLC lifted 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 in the last quarter. Johnson Financial Group Inc. grew its holdings in shares of authID by 100.0% during the fourth quarter. Johnson Financial Group Inc. now owns 40,610 shares of the company’s stock worth $384,000 after buying an additional 20,305 shares in the last quarter. Finally, Leo Wealth LLC bought a new position in shares of authID during the fourth quarter worth about $1,232,000. 8.83% of the stock is owned by 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.