The SVP Operations of Boingo Wireless Inc (WIFI) is Buying Shares


Yesterday, the SVP Operations of Boingo Wireless Inc (WIFI), Tom Tracey, bought shares of WIFI for $29.21K.

This is Tracey’s first Buy trade following 5 Sell transactions. Following this transaction Tom Tracey’s holding in the company was increased by 4.27% to a total of $697.4K.

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Based on Boingo Wireless Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $65.25 million and GAAP net loss of $522K. In comparison, last year the company earned revenue of $57.35 million and had a GAAP net loss of $1.02 million. Currently, Boingo Wireless Inc has an average volume of 171.7K. The Company has a Price to Book ratio of 9.2537.

Starting in February 2018, WIFI received 25 Buy ratings in a row.

Tom Tracey’s trades have generated a -22.7% 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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Boingo Wireless, Inc. engages in the istallation of distributed antenna systems or DAS, Wi-Fi, and small cells. It operates through the following geographical segments: North America; Latin America; Europe, Middle Est, and Africa; and Asia. The firm’s wireless networks are in the airport; cafe/retail; convention center; hotel; and other.

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