pdvWireless, Inc. (NASDAQ:PDVW) EVP Richard E. Rohmann sold 900 shares of the stock in a transaction on Friday, December 8th. The shares were sold at an average price of $31.91, for a total value of $28,719.00. Following 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 document filed with the SEC, which is available at this link.

pdvWireless, Inc. (NASDAQ:PDVW) traded up $0.45 during trading on Monday, hitting $33.35. The stock had a trading volume of 24,626 shares, compared to its average volume of 26,655. pdvWireless, Inc. has a 52-week low of $18.70 and a 52-week high of $36.00.

A number of research firms have recently weighed in on PDVW. B. Riley reissued a “buy” rating and issued a $59.00 price objective on shares of pdvWireless in a research report on Wednesday, November 8th. Zacks Investment Research cut pdvWireless from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. ValuEngine cut pdvWireless from a “hold” rating to a “sell” rating in a research report on Thursday, October 12th. Finally, BidaskClub cut pdvWireless from a “buy” rating to a “hold” rating in a research report on Thursday, August 24th.

Several institutional investors have recently bought and sold shares of PDVW. The Manufacturers Life Insurance Company boosted its position in shares of pdvWireless by 5.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,171 shares of the wireless provider’s stock worth $190,000 after purchasing an additional 448 shares in the last quarter. Dimensional Fund Advisors LP acquired a new stake in shares of pdvWireless in the 3rd quarter worth $212,000. State Board of Administration of Florida Retirement System acquired a new stake in shares of pdvWireless in the 3rd quarter worth $215,000. Phoenix Investment Adviser LLC acquired a new stake in shares of pdvWireless in the 2nd quarter worth $287,000. Finally, Teachers Advisors LLC boosted its position in shares of pdvWireless by 2.2% in the 2nd quarter. Teachers Advisors LLC now owns 18,031 shares of the wireless provider’s stock worth $420,000 after purchasing an additional 391 shares in the last quarter. 91.97% of the stock is owned by hedge funds and other institutional investors.

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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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