Ownership Change to Note: Wireless Telecom Group Inc (NYSEMKT:WTT) Quarterly Sentiment Change Report

November 16, 2016 - By Darrin Black   ·   0 Comments

Ownership Change to Note: Wireless Telecom Group Inc (NYSEMKT:WTT) Quarterly Sentiment Change Report

Sentiment for Wireless Telecom Group Inc (NYSEMKT:WTT)

Wireless Telecom Group Inc (NYSEMKT:WTT) institutional sentiment decreased to 1.17 in Q2 2016. Its down -1.16, from 2.33 in 2016Q1. The ratio dived, as 7 institutional investors started new or increased equity positions, while 6 sold and decreased their holdings in Wireless Telecom Group Inc. The institutional investors in our partner’s database now have: 5.10 million shares, down from 5.21 million shares in 2016Q1. Also, the number of institutional investors holding Wireless Telecom Group Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 3 Increased: 5 New Position: 2.

Wireless Telecom Group, Inc. designs and makes radio frequency and microwave products for wireless and communications industries. The company has a market cap of $31.46 million. The Firm markets its services and products across the world under the brand names, Boonton, Microlab and Noisecom. It currently has negative earnings. It serves both commercial and government markets with solutions in distributed antenna systems (DAS), cellular/mobile, wireless fidelity (Wi-Fi), worldwide interoperability for microwave access (WiMAX), private mobile radio, satellite, cable, radar, avionics, medical and computing applications.

The stock increased 4.37% or $0.07 on November 15, hitting $1.67. Wireless Telecom Group Inc (NYSEMKT:WTT) has risen 22.96% since April 14, 2016 and is uptrending. It has outperformed by 18.28% the S&P500.

Analysts await Wireless Telecom Group Inc (NYSEMKT:WTT) to report earnings on November, 21.

According to Zacks Investment Research, “Wireless Telecom Group is a global provider of noise generation equipment in the telecommunications field. The company’s products have been primarily used to test the performance and capability of cellular/PCS and satellite communications systems. Other applications include radio, radar, wireless local area network and digital television.”

Hollow Brook Wealth Management Llc holds 1.72% of its portfolio in Wireless Telecom Group Inc for 1.86 million shares. Grt Capital Partners L.L.C. owns 54,167 shares or 0.02% of their US portfolio. Moreover, Kistler has 0.01% invested in the company for 11,100 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Bank Of New York Mellon Corp, a New York-based fund reported 19,990 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 2 insider purchases, and 0 selling transactions for $90,757 net activity.

WTT Company Profile

Wireless Telecom Group, Inc., incorporated on June 7, 1905, creates and makes radio frequency (RF) and microwave products for wireless and communications industries. The Firm operates through two divisions: network solutions, and test and measurement. The network solutions segment includes the activities of its subsidiary, Microlab/FXR (Microlab). The Company, through Microlab, creates and makes a range of RF passive components and integrated subsystems for signal conditioning and distribution in the wireless infrastructure markets, particularly for distributed antenna systems (DAS), in-building wireless solutions industry, radio base-station market and medical equipment sector. Microlab’s passive RF components share its capabilities in the area of broadband frequency coverage and low Passive Intermodulation (PIM). Microlab product offerings include neutral host DAS and co-siting combiner solutions, hybrid couplers and hybrid matrices, cross band couplers, attenuators, RF terminations, RF power splitter and diplexers, as well as RF combiners and broadband combiner boxes for in-building DAS deployments.

More notable recent Wireless Telecom Group Inc (NYSEMKT:WTT) news were published by: Businesswire.com which released: “Wireless Telecom Group Announces Addition of New Board Members: Allan D. L …” on November 14, 2016, also Businesswire.com with their article: “Wireless Telecom Group Announces Appointment of Vice President of Sales …” published on June 02, 2016, Businesswire.com published: “Wireless Telecom Group Announces Appointment of Daniel Monopoli as General …” on September 28, 2015. More interesting news about Wireless Telecom Group Inc (NYSEMKT:WTT) were released by: Businesswire.com and their article: “Wireless Telecom Group Announces Appointment of Mitchell Herbets as a New …” published on June 15, 2015 as well as Streetinsider.com‘s news article titled: “Wireless Telecom Group, Inc. (WTT) Names New CEO” with publication date: June 30, 2016.

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By Darrin Black

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