pdvWireless, Inc. (NASDAQ:PDVW) EVP Richard E. Rohmann sold 900 shares of pdvWireless stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $31.91, for a total transaction of $28,719.00. Following the completion of the sale, the executive vice president now directly owns 12,209 shares in the company, valued at approximately $389,589.19. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of pdvWireless, Inc. (NASDAQ:PDVW) opened at $33.35 on Tuesday. pdvWireless, Inc. has a fifty-two week low of $18.70 and a fifty-two week high of $36.00.

Several analysts have recently weighed in on PDVW shares. B. Riley reaffirmed a “buy” rating and issued a $59.00 target price on shares of pdvWireless in a report on Wednesday, November 8th. Zacks Investment Research raised shares of pdvWireless from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a report on Wednesday, October 18th. BidaskClub downgraded shares of pdvWireless from a “buy” rating to a “hold” rating in a report on Thursday, August 24th. Finally, ValuEngine downgraded shares of pdvWireless from a “hold” rating to a “sell” rating in a report on Thursday, October 12th.

A number of hedge funds have recently added to or reduced their stakes in PDVW. Vanguard Group Inc. boosted its holdings in 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. Phoenix Investment Adviser LLC purchased a new stake in pdvWireless during the second quarter worth about $287,000. State Street Corp boosted its holdings in 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. State Board of Administration of Florida Retirement System purchased a new stake in pdvWireless during the third quarter worth about $215,000. Finally, Dimensional Fund Advisors LP purchased a new stake in pdvWireless during the third quarter worth about $212,000. 91.97% of the stock is currently owned by hedge funds and other 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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