Today, 9,004 Shares of Boingo Wireless Inc. (WIFI) Stock are sold by Dawn Callahan

Today, 9,004 Shares of Boingo Wireless Inc. (WIFI) Stock are sold by Dawn Callahan

Boingo Wireless Inc. (NASDAQ:WIFI) insider Dawn Callahan sold 9,004 shares of the firm’s stock in a transaction on Wednesday, November 23rd. The shares were sold at an average price of $12.00, for a total transaction of $108,048.00. Following the completion of the sale, the insider now owns 4,843 shares in the company, valued at $58,116. The sale was disclosed in a document filed with the SEC, which is available at this link.

Dawn Callahan also recently made the following trade(s): On Friday, November 4th, Dawn Callahan sold 12,500 shares of Boingo Wireless stock. The shares were sold at an average price of $9.86, for a total transaction of $123,250.00. On Monday, October 3rd, Dawn Callahan sold 12,500 shares of Boingo Wireless stock. The shares were sold at an average price of $10.03, for a total transaction of $125,375.00.

Shares of Boingo Wireless Inc. (NASDAQ:WIFI) traded down 0.08% during mid-day trading on Monday, hitting $12.24. 254,520 shares of the stock traded hands. Boingo Wireless Inc. has a 12-month low of $5.40 and a 12-month high of $12.48. The stock’s market cap is $468.52 million. The firm’s 50 day moving average price is $10.54 and its 200-day moving average price is $9.09.

Boingo Wireless (NASDAQ:WIFI) last posted its earnings results on Thursday, November 3rd. The company reported ($0.15) EPS for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.01. Boingo Wireless had a negative net margin of 17.38% and a negative return on equity of 25.35%. The business had revenue of $40.80 million for the quarter, compared to analysts’ expectations of $41.28 million. During the same period in the previous year, the company posted ($0.13) earnings per share. The business’s revenue for the quarter was up 9.7% compared to the same quarter last year. Analysts predict that Boingo Wireless Inc. will post ($0.71) earnings per share for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of WIFI. Citadel Advisors LLC purchased a new position in Boingo Wireless during the third quarter worth approximately $115,000. BlackRock Group LTD boosted its position in Boingo Wireless by 48.1% in the third quarter. BlackRock Group LTD now owns 12,612 shares of the company’s stock worth $130,000 after buying an additional 4,094 shares during the last quarter. BlackRock Advisors LLC boosted its position in Boingo Wireless by 2.3% in the second quarter. BlackRock Advisors LLC now owns 18,778 shares of the company’s stock worth $167,000 after buying an additional 417 shares during the last quarter. Morgan Stanley boosted its position in Boingo Wireless by 45.8% in the third quarter. Morgan Stanley now owns 20,148 shares of the company’s stock worth $207,000 after buying an additional 6,331 shares during the last quarter. Finally, Balter Liquid Alternatives LLC purchased a new position in Boingo Wireless during the second quarter worth approximately $197,000. 86.38% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms recently commented on WIFI. Jefferies Group increased their target price on shares of Boingo Wireless from $11.00 to $13.00 and gave the company a “buy” rating in a research report on Monday, November 7th. Craig Hallum increased their target price on shares of Boingo Wireless from $11.00 to $13.00 and gave the company a “buy” rating in a research report on Friday, November 4th. Zacks Investment Research downgraded shares of Boingo Wireless from a “buy” rating to a “hold” rating in a research report on Tuesday, October 25th. Oppenheimer Holdings Inc. began coverage on shares of Boingo Wireless in a research report on Tuesday, September 13th. They issued an “outperform” rating and a $12.00 target price on the stock. Finally, Ladenburg Thalmann reaffirmed a “buy” rating and issued a $12.25 target price on shares of Boingo Wireless in a research report on Thursday, August 11th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $11.39.

Boingo Wireless Company Profile

Related posts

Leave a Comment