Boingo Wireless Inc (WIFI) Insider Derek Peterson Sells 23,853 Shares
Boingo Wireless Inc (NASDAQ:WIFI) insider Derek Peterson sold 23,853 shares of the stock in a transaction dated Thursday, March 8th. The shares were sold at an average price of $28.01, for a total value of $668,122.53. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Shares of Boingo Wireless Inc (NASDAQ:WIFI) opened at $27.28 on Wednesday. Boingo Wireless Inc has a one year low of $11.60 and a one year high of $28.34. The stock has a market capitalization of $1,133.10, a P/E ratio of -55.67 and a beta of 0.49. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.09.
A number of hedge funds and other institutional investors have recently made changes to their positions in WIFI. Great West Life Assurance Co. Can acquired a new stake in Boingo Wireless during the third quarter valued at approximately $114,000. Royal Bank of Canada raised its stake in Boingo Wireless by 1.3% during the second quarter. Royal Bank of Canada now owns 10,448 shares of the technology company’s stock valued at $156,000 after buying an additional 135 shares in the last quarter. Advisor Group Inc. raised its stake in Boingo Wireless by 781.9% during the fourth quarter. Advisor Group Inc. now owns 8,078 shares of the technology company’s stock valued at $181,000 after buying an additional 7,162 shares in the last quarter. UBS Asset Management Americas Inc. acquired a new stake in Boingo Wireless during the fourth quarter valued at approximately $203,000. Finally, First Republic Investment Management Inc. acquired a new stake in Boingo Wireless during the third quarter valued at approximately $229,000. Hedge funds and other institutional investors own 91.80% of the company’s stock.
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Boingo Wireless Company Profile
Boingo Wireless, Inc is a provider of commercial mobile wireless fidelity (Wi-Fi) Internet solutions and indoor direct-attached storage (DAS) services. The Company operates as a service provider of wireless connectivity solutions across its managed and operated network and aggregated network for mobile devices such as laptops, smartphones, tablets and other wireless-enabled consumer devices.
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