Are Analysts Bearish Boingo Wireless, Inc. (NASDAQ:WIFI) After Last Week?

September 30, 2018 - By Margaret Guttierez

Boingo Wireless, Inc. (NASDAQ:WIFI) LogoInvestors sentiment increased to 1.32 in Q2 2018. Its up 0.40, from 0.92 in 2018Q1. It is positive, as 23 investors sold Boingo Wireless, Inc. shares while 37 reduced holdings. 26 funds opened positions while 53 raised stakes. 38.22 million shares or 5.84% more from 36.12 million shares in 2018Q1 were reported.
Zurcher Kantonalbank (Zurich Cantonalbank) has 2,082 shares. Piedmont Investment Advsr Ltd Llc has 705 shares. Emerald Advisers Pa stated it has 0.38% of its portfolio in Boingo Wireless, Inc. (NASDAQ:WIFI). Stephens Invest Mgmt Grp Limited Liability holds 0.21% or 462,747 shares. Qs Invsts Ltd Liability Corporation owns 133,832 shares. Glenmede Trust Com Na holds 0% or 952 shares. Texas-based Serv Automobile Association has invested 0% in Boingo Wireless, Inc. (NASDAQ:WIFI). 464,686 were reported by Falcon Point Capital Ltd Co. Jacobs Levy Equity Inc stated it has 240,496 shares or 0.09% of all its holdings. Voya Inv Lc reported 1.35 million shares or 0.06% of all its holdings. Wells Fargo And Mn holds 0% or 104,142 shares in its portfolio. Granite Inv Limited Liability Com, California-based fund reported 590,165 shares. Tower Cap Limited Com (Trc) owns 180 shares. Ameriprise Financial reported 0.01% in Boingo Wireless, Inc. (NASDAQ:WIFI). 650,718 were reported by Wellington Group Llp.

Since May 15, 2018, it had 0 insider purchases, and 10 sales for $11.13 million activity. Shares for $942,748 were sold by Callahan Dawn on Monday, August 20. Hovenier Peter also sold $334,449 worth of Boingo Wireless, Inc. (NASDAQ:WIFI) on Friday, September 7.

Boingo Wireless, Inc. (NASDAQ:WIFI) Ratings Coverage

Among 2 analysts covering Boingo Wireless Inc (NASDAQ:WIFI), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Boingo Wireless Inc had 3 analyst reports since April 11, 2018 according to SRatingsIntel. Oppenheimer maintained Boingo Wireless, Inc. (NASDAQ:WIFI) on Friday, May 4 with “Buy” rating. The stock has “Buy” rating by Jefferies on Monday, August 20. The firm has “Buy” rating given on Wednesday, April 11 by Oppenheimer. Below is a list of Boingo Wireless, Inc. (NASDAQ:WIFI) latest ratings and price target changes.

20/08/2018 Broker: Jefferies Old Rating: Buy New Rating: Buy Old Target: $33 New Target: $38 Maintain
04/05/2018 Broker: Oppenheimer Rating: Buy New Target: $30.0000 Maintain
11/04/2018 Broker: Oppenheimer Rating: Buy New Target: $30.0000 Maintain

The stock increased 2.20% or $0.75 during the last trading session, reaching $34.9. About 341,825 shares traded. Boingo Wireless, Inc. (NASDAQ:WIFI) has risen 59.59% since September 30, 2017 and is uptrending. It has outperformed by 43.97% the S&P500.

Boingo Wireless, Inc., together with its subsidiaries, provides wireless connectivity solutions for smartphones, tablets, laptops, wearables, and other wireless-enabled consumer devices. The company has market cap of $1.48 billion. It designs, builds, monitors, and maintains distributed antenna systems , Wi-Fi, and small cell networks at managed and operated hotspot locations, such as airports, transportation hubs, stadiums, arenas, military bases, universities, convention centers, and office campuses in North America, Latin America, Europe, the Middle East, Africa, and Asia; and offers software applications and solutions to access its Wi-Fi network of approximately 1.5 million hotspots. It currently has negative earnings. The firm also provides Internet protocol television services for military servicemen and women living in the barracks of the United States army, air force, and military bases; and enables individuals to purchase Internet access at its managed and operated hotspots and select partner locations through month-to-month subscription and single-use access plans.

Boingo Wireless, Inc. (NASDAQ:WIFI) Ratings Chart

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