News coverage about pdvWireless (NASDAQ:PDVW) has trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. pdvWireless earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the wireless provider an impact score of 47.2801752523383 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news articles that may have impacted Accern Sentiment’s scoring:

PDVW has been the topic of several analyst reports. Zacks Investment Research raised shares of pdvWireless from a “hold” rating to a “buy” rating and set a $36.00 price target on the stock in a research report on Wednesday, October 18th. BidaskClub lowered shares of pdvWireless from a “strong-buy” rating to a “buy” rating in a research report on Thursday, December 21st. B. Riley reaffirmed a “buy” rating and set a $59.00 price target on shares of pdvWireless in a research report on Friday, December 15th. TheStreet raised shares of pdvWireless from a “d+” rating to a “c-” rating in a research report on Wednesday. Finally, ValuEngine raised shares of pdvWireless from a “sell” rating to a “hold” rating in a research report on Sunday, December 31st. Two analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $47.50.

pdvWireless (PDVW) traded down $1.10 during mid-day trading on Friday, hitting $30.35. 17,924 shares of the stock traded hands, compared to its average volume of 13,343. The stock has a market cap of $439.26, a price-to-earnings ratio of -12.19 and a beta of 0.60. pdvWireless has a 1 year low of $19.80 and a 1 year high of $36.40.

In related news, major shareholder Owl Creek Asset Management, L. bought 26,863 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The stock was purchased at an average price of $30.54 per share, for a total transaction of $820,396.02. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Richard E. Rohmann sold 900 shares of pdvWireless stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $30.02, for a total transaction of $27,018.00. Following the completion of the sale, the executive vice president now owns 11,011 shares of the company’s stock, valued at approximately $330,550.22. The disclosure for this sale can be found here. In the last quarter, insiders purchased 297,331 shares of company stock valued at $9,405,518 and sold 2,700 shares valued at $85,842. 10.91% of the stock is currently owned by company insiders.

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pdvWireless Company Profile

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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