pdvWireless, Inc. (NASDAQ:PDVW) – Stock analysts at B. Riley issued their Q1 2019 EPS estimates for pdvWireless in a note issued to investors on Friday. B. Riley analyst M. Crawford forecasts that the wireless provider will post earnings per share of ($0.50) for the quarter. B. Riley has a “Buy” rating and a $59.00 price target on the stock. B. Riley also issued estimates for pdvWireless’ Q2 2019 earnings at ($0.57) EPS, Q3 2019 earnings at ($0.56) EPS and Q4 2019 earnings at ($0.53) EPS.

Several other equities research analysts have also recently issued reports on the stock. Zacks Investment Research cut shares of pdvWireless from a “buy” rating to a “hold” rating in a research report on Thursday, October 19th. ValuEngine lowered shares of pdvWireless from a “hold” rating to a “sell” rating in a report on Thursday, October 12th. Finally, BidaskClub lowered shares of pdvWireless from a “buy” rating to a “hold” rating in a report on Thursday, August 24th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $46.00.

ILLEGAL ACTIVITY NOTICE: “B. Riley Weighs in on pdvWireless, Inc.’s Q1 2019 Earnings (PDVW)” was originally posted by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another website, it was stolen and republished in violation of U.S. and international trademark and copyright law. The original version of this piece of content can be viewed at https://www.watchlistnews.com/b-riley-weighs-in-on-pdvwireless-inc-s-q1-2019-earnings-pdvw/1686085.html.

pdvWireless (NASDAQ PDVW) traded down $0.05 during midday trading on Monday, hitting $30.10. The company’s stock had a trading volume of 20,231 shares, compared to its average volume of 24,667. pdvWireless has a 1 year low of $18.70 and a 1 year high of $33.75.

A number of hedge funds and other institutional investors have recently bought and sold shares of PDVW. Bank of New York Mellon Corp raised its stake in shares of pdvWireless by 8.9% during the first quarter. Bank of New York Mellon Corp now owns 122,689 shares of the wireless provider’s stock valued at $2,681,000 after purchasing an additional 9,976 shares during the period. Swiss National Bank raised its stake in shares of pdvWireless by 19.4% during the first quarter. Swiss National Bank now owns 14,150 shares of the wireless provider’s stock valued at $309,000 after purchasing an additional 2,300 shares during the period. American International Group Inc. raised its stake in shares of pdvWireless by 7.1% during the first quarter. American International Group Inc. now owns 6,014 shares of the wireless provider’s stock valued at $131,000 after purchasing an additional 398 shares during the period. TIAA CREF Investment Management LLC raised its stake in shares of pdvWireless by 0.4% during the first quarter. TIAA CREF Investment Management LLC now owns 29,780 shares of the wireless provider’s stock valued at $651,000 after purchasing an additional 124 shares during the period. Finally, Vanguard Group Inc. raised its stake in shares of pdvWireless by 13.2% during the first quarter. Vanguard Group Inc. now owns 1,426,493 shares of the wireless provider’s stock valued at $31,169,000 after purchasing an additional 166,050 shares during the period. Hedge funds and other institutional investors own 93.06% of the company’s stock.

In related news, EVP Richard E. Rohmann sold 900 shares of the firm’s stock in a transaction that occurred on Friday, October 13th. The shares were sold at an average price of $30.60, for a total value of $27,540.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 10.91% of the company’s stock.

pdvWireless Company Profile

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.

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 Analyst Ratings Network's FREE daily email newsletter.