Today, the CLO of pdvWireless Inc (NASDAQ: PDVW), Thomas Sidman, bought shares of PDVW for $17.98K.
Following this transaction Thomas Sidman’s holding in the company was increased by 2.65% to a total of $709.1K. In addition to Thomas Sidman, 2 other PDVW executives reported Buy trades in the last month.
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Based on pdvWireless Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.87 million and GAAP net loss of $12.3 million. In comparison, last year the company earned revenue of $1.47 million and had a GAAP net loss of $7.91 million. Currently, pdvWireless Inc has an average volume of 18.56K.
Starting in October 2017, PDVW received 10 Buy ratings in a row.
In the last 30 days, insiders have sold $1.61M worth of PDVW shares and purchased $17.98K worth of PDVW shares. The insider sentiment on pdvWireless Inc has been positive according to 54 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Thomas Sidman’s trades have generated a 11.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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pdvWireless, Inc. engages in the provision of wireless communications services. It focuses on the development of spectrum assets for the deployment of next generation network, and mobile communication solutions designed to meet the needs of critical infrastructure, and enterprise customers.
