Fusion Family Wealth LLC bought a new position in Inseego Corp (NASDAQ:INSG) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 147,300 shares of the technology company’s stock, valued at approximately $237,000.

Separately, Goldman Sachs Group Inc. boosted its position in shares of Inseego by 0.6% in the second quarter. Goldman Sachs Group Inc. now owns 700,539 shares of the technology company’s stock worth $876,000 after buying an additional 4,037 shares during the period. Institutional investors own 12.14% of the company’s stock.

Shares of Inseego Corp (NASDAQ:INSG) opened at $1.92 on Thursday. The company has a debt-to-equity ratio of -2.59, a quick ratio of 0.78 and a current ratio of 1.10. Inseego Corp has a 1-year low of $0.87 and a 1-year high of $3.08.

Several analysts have recently commented on INSG shares. Zacks Investment Research raised Inseego from a “strong sell” rating to a “hold” rating in a research report on Monday, October 16th. Canaccord Genuity raised their target price on Inseego from $1.50 to $1.75 and gave the stock a “hold” rating in a research report on Friday, November 3rd. Finally, ValuEngine raised Inseego from a “strong sell” rating to a “sell” rating in a research report on Friday, December 1st.

ILLEGAL ACTIVITY WARNING: This story was first posted by Watch List News and is owned by of Watch List News. If you are viewing this story on another website, it was copied illegally and reposted in violation of U.S. and international copyright law. The original version of this story can be read at https://www.watchlistnews.com/fusion-family-wealth-llc-takes-237000-position-in-inseego-corp-insg/1852505.html.

About Inseego

Novatel Wireless, Inc is a provider of intelligent wireless solutions for the mobile communications market. The Company’s range of products includes intelligent mobile hotspots, universal serial bus (USB) modems, embedded modules, integrated asset-management and mobile tracking machine-to-machine (M2M) devices, communications and applications software and cloud services.

Want to see what other hedge funds are holding INSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Inseego Corp (NASDAQ:INSG).

Institutional Ownership by Quarter for Inseego (NASDAQ:INSG)

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