pdvWireless, Inc. (PDVW) EVP Sells $26,586.00 in Stock

pdvWireless, Inc. (NASDAQ:PDVW) EVP Richard E. Rohmann sold 900 shares of pdvWireless stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $29.54, for a total value of $26,586.00. Following the transaction, the executive vice president now owns 13,109 shares of the company’s stock, valued at approximately $387,239.86. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of pdvWireless, Inc. (NASDAQ PDVW) traded down $0.60 during midday trading on Monday, hitting $29.45. The stock had a trading volume of 9,700 shares, compared to its average volume of 20,201. pdvWireless, Inc. has a 12-month low of $18.70 and a 12-month high of $33.75.

TRADEMARK VIOLATION WARNING: This piece of content was first published by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this piece of content on another site, it was stolen and reposted in violation of US & international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.chaffeybreeze.com/2017/11/13/pdvwireless-inc-pdvw-evp-sells-26586-00-in-stock.html.

A number of research firms have issued reports on PDVW. ValuEngine downgraded pdvWireless from a “hold” rating to a “sell” rating in a research note on Thursday, October 12th. B. Riley restated a “buy” rating and issued a $59.00 target price on shares of pdvWireless in a research note on Thursday, October 5th. Zacks Investment Research downgraded pdvWireless from a “buy” rating to a “hold” rating in a research note on Thursday, October 19th. Finally, BidaskClub upgraded pdvWireless from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. TIAA CREF Investment Management LLC boosted its stake in shares of pdvWireless by 0.4% in the 1st quarter. TIAA CREF Investment Management LLC now owns 29,780 shares of the wireless provider’s stock worth $651,000 after buying an additional 124 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of pdvWireless by 0.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 33,852 shares of the wireless provider’s stock worth $789,000 after buying an additional 209 shares during the last quarter. Teachers Advisors LLC raised its holdings in shares of pdvWireless by 2.2% in the 2nd quarter. Teachers Advisors LLC now owns 18,031 shares of the wireless provider’s stock worth $420,000 after purchasing an additional 391 shares during the period. American International Group Inc. raised its holdings in shares of pdvWireless by 7.1% in the 1st quarter. American International Group Inc. now owns 6,014 shares of the wireless provider’s stock worth $131,000 after purchasing an additional 398 shares during the period. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of pdvWireless by 5.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,171 shares of the wireless provider’s stock worth $190,000 after purchasing an additional 448 shares during the period. Hedge funds and other institutional investors own 92.90% of the company’s stock.

About pdvWireless

pdvWireless, Inc, formerly Pacific DataVision, Inc, is a wireless communications carrier and a provider of mobile workforce communication and location-based solutions. The Company’s solutions focus on enhancing the productivity of its customers’ field-based workers, and the efficiency of their dispatch and call center operations.

Insider Buying and Selling by Quarter for pdvWireless (NASDAQ:PDVW)

Receive News & Ratings for pdvWireless Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for pdvWireless Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply