Kennedy Capital Management Inc. purchased a new stake in shares of Tangoe Inc (NASDAQ:TNGO) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 287,771 shares of the technology company’s stock, valued at approximately $1,873,000.

Separately, Dynamic Technology Lab Private Ltd bought a new position in Tangoe during the 1st quarter valued at approximately $128,000. 59.22% of the stock is owned by hedge funds and other institutional investors.

Tangoe Inc (TNGO) opened at 6.35 on Wednesday. Tangoe Inc has a 52-week low of $4.50 and a 52-week high of $10.39. The firm’s 50-day moving average price is $6.45 and its 200-day moving average price is $6.30.

TRADEMARK VIOLATION WARNING: “287,771 Shares in Tangoe Inc (TNGO) Purchased by Kennedy Capital Management Inc.” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another domain, it was illegally copied and republished in violation of international copyright legislation. The correct version of this article can be accessed at

Tangoe Profile

Tangoe, Inc is a provider of information technology (IT) and Telecom Expense Management (TEM) software and related services. The Company offers its services to a range of global enterprises and service providers. Its products and solutions include mobility, telecom, cloud, IT expense, strategic consulting and mobility as a service (MaaS).

Want to see what other hedge funds are holding TNGO? Visit to get the latest 13F filings and insider trades for Tangoe Inc (NASDAQ:TNGO).

Institutional Ownership by Quarter for Tangoe (NASDAQ:TNGO)

Receive News & Stock Ratings for Tangoe Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tangoe Inc and related stocks with our FREE daily email newsletter.