pdvWireless, Inc. (NASDAQ:PDVW) major shareholder Owl Creek Asset Management, L. acquired 61,329 shares of the stock in a transaction that occurred on Wednesday, December 6th. The stock was purchased at an average price of $31.98 per share, with a total value of $1,961,301.42. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Owl Creek Asset Management, L. also recently made the following trade(s):

  • On Friday, December 8th, Owl Creek Asset Management, L. acquired 99,409 shares of pdvWireless stock. The stock was purchased at an average price of $31.91 per share, with a total value of $3,172,141.19.
  • On Thursday, November 30th, Owl Creek Asset Management, L. acquired 76,417 shares of pdvWireless stock. The stock was purchased at an average price of $31.84 per share, with a total value of $2,433,117.28.
  • On Wednesday, November 15th, Owl Creek Asset Management, L. acquired 26,863 shares of pdvWireless stock. The stock was purchased at an average price of $30.54 per share, with a total value of $820,396.02.
  • On Thursday, November 9th, Owl Creek Asset Management, L. acquired 9,309 shares of pdvWireless stock. The stock was purchased at an average price of $29.95 per share, with a total value of $278,804.55.
  • On Monday, November 13th, Owl Creek Asset Management, L. acquired 19,578 shares of pdvWireless stock. The stock was purchased at an average price of $29.61 per share, with a total value of $579,704.58.
  • On Friday, November 3rd, Owl Creek Asset Management, L. acquired 14,749 shares of pdvWireless stock. The stock was purchased at an average price of $29.26 per share, with a total value of $431,555.74.
  • On Tuesday, November 7th, Owl Creek Asset Management, L. acquired 25,257 shares of pdvWireless stock. The stock was purchased at an average price of $29.56 per share, with a total value of $746,596.92.

pdvWireless, Inc. (NASDAQ PDVW) opened at $32.90 on Monday. pdvWireless, Inc. has a 1-year low of $18.70 and a 1-year high of $36.00.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP bought a new position in pdvWireless during the third quarter worth about $212,000. Schwab Charles Investment Management Inc. lifted its holdings in shares of pdvWireless by 5.7% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 35,766 shares of the wireless provider’s stock valued at $1,066,000 after purchasing an additional 1,914 shares in the last quarter. State Board of Administration of Florida Retirement System bought a new position in shares of pdvWireless during the 3rd quarter valued at about $215,000. The Manufacturers Life Insurance Company lifted its holdings in shares of pdvWireless by 5.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,171 shares of the wireless provider’s stock valued at $190,000 after purchasing an additional 448 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of pdvWireless by 6.4% during the 2nd quarter. State Street Corp now owns 200,591 shares of the wireless provider’s stock valued at $4,674,000 after purchasing an additional 12,020 shares in the last quarter. Hedge funds and other institutional investors own 91.97% of the company’s stock.

PDVW has been the topic of a number of recent analyst reports. Zacks Investment Research cut pdvWireless from a “buy” rating to a “hold” rating in a report on Thursday, October 19th. B. Riley restated a “buy” rating and set a $59.00 target price on shares of pdvWireless in a report on Wednesday, November 8th. BidaskClub cut pdvWireless from a “buy” rating to a “hold” rating in a report on Thursday, August 24th. Finally, ValuEngine cut pdvWireless from a “hold” rating to a “sell” rating in a report on Thursday, October 12th.

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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.

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

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