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

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

  • On Friday, December 8th, Owl Creek Asset Management, L. purchased 99,409 shares of pdvWireless stock. The shares were acquired 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. purchased 76,417 shares of pdvWireless stock. The shares were acquired 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. purchased 26,863 shares of pdvWireless stock. The shares were acquired 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. purchased 9,309 shares of pdvWireless stock. The shares were acquired 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. purchased 19,578 shares of pdvWireless stock. The shares were acquired 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. purchased 14,749 shares of pdvWireless stock. The shares were acquired 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. purchased 25,257 shares of pdvWireless stock. The shares were acquired at an average price of $29.56 per share, with a total value of $746,596.92.

Shares of pdvWireless, Inc. (NASDAQ PDVW) opened at $32.90 on Friday. pdvWireless, Inc. has a fifty-two week low of $18.70 and a fifty-two week high of $36.00.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of pdvWireless by 13.2% during the first quarter. Vanguard Group Inc. now owns 1,426,493 shares of the wireless provider’s stock worth $31,169,000 after buying an additional 166,050 shares in the last quarter. State Street Corp increased its holdings in shares of pdvWireless by 6.4% during the second quarter. State Street Corp now owns 200,591 shares of the wireless provider’s stock worth $4,674,000 after buying an additional 12,020 shares in the last quarter. Northern Trust Corp increased its holdings in shares of pdvWireless by 2.4% during the second quarter. Northern Trust Corp now owns 118,630 shares of the wireless provider’s stock worth $2,765,000 after buying an additional 2,768 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of pdvWireless by 5.5% during the first quarter. Geode Capital Management LLC now owns 90,078 shares of the wireless provider’s stock worth $1,968,000 after buying an additional 4,687 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. increased its holdings in shares of pdvWireless by 5.7% during the third quarter. Schwab Charles Investment Management Inc. now owns 35,766 shares of the wireless provider’s stock worth $1,066,000 after buying an additional 1,914 shares in the last quarter. 91.97% of the stock is owned by institutional investors.

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About pdvWireless

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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