First Republic Investment Management Inc. bought a new position in Summit Wireless Technologies Inc (NASDAQ:WISA) in the 1st quarter, Holdings Channel reports. The fund bought 17,000 shares of the company’s stock, valued at approximately $34,000.

Separately, Vanguard Group Inc bought a new stake in Summit Wireless Technologies in the third quarter worth approximately $134,000. 1.18% of the stock is owned by institutional investors.

WISA stock opened at $1.36 on Thursday. Summit Wireless Technologies Inc has a 12 month low of $1.36 and a 12 month high of $5.61.

Summit Wireless Technologies (NASDAQ:WISA) last posted its earnings results on Tuesday, May 14th. The company reported ($0.17) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.16) by ($0.01). The business had revenue of $0.47 million for the quarter.

TRADEMARK VIOLATION NOTICE: “First Republic Investment Management Inc. Buys Shares of 17,000 Summit Wireless Technologies Inc (WISA)” was first posted by Watch List News and is owned by of Watch List News. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright law. The original version of this story can be viewed at https://www.watchlistnews.com/first-republic-investment-management-inc-buys-shares-of-17000-summit-wireless-technologies-inc-wisa/3019422.html.

About Summit Wireless Technologies

Summit Wireless Technologies, Inc develops wireless audio integrated circuits for home entertainment and professional audio markets in the United States, Europe, and the Asia Pacific. The company offers TX modules for TVs, AV receivers, media hubs, and small dongles that connect through USB or HDMI ports; and speaker systems.

Further Reading: Using other technical indicators with support levels

Want to see what other hedge funds are holding WISA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Summit Wireless Technologies Inc (NASDAQ:WISA).

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