Wireless Telecom Group Inc (NYSEAMERICAN:WTT) CFO Michael Kandell purchased 7,500 shares of the firm’s stock in a transaction on Wednesday, May 15th. The stock was acquired at an average price of $1.49 per share, for a total transaction of $11,175.00. Following the transaction, the chief financial officer now owns 75,000 shares of the company’s stock, valued at approximately $111,750. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Wireless Telecom Group stock traded up $0.03 during midday trading on Friday, reaching $1.55. The stock had a trading volume of 22,675 shares, compared to its average volume of 26,213. Wireless Telecom Group Inc has a twelve month low of $1.40 and a twelve month high of $2.45.
Wireless Telecom Group (NYSEAMERICAN:WTT) last posted its quarterly earnings data on Wednesday, May 8th. The technology company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.03). The company had revenue of $13.03 million for the quarter.
An institutional investor recently raised its position in Wireless Telecom Group stock. Renaissance Technologies LLC increased its position in Wireless Telecom Group Inc (NYSEAMERICAN:WTT) by 3.4% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 1,004,615 shares of the technology company’s stock after purchasing an additional 33,020 shares during the period. Renaissance Technologies LLC owned about 4.72% of Wireless Telecom Group worth $1,547,000 at the end of the most recent reporting period.
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Wireless Telecom Group Company Profile
Wireless Telecom Group, Inc, together with its subsidiaries, designs, develops, manufactures, and markets radio frequency (RF) and microwave devices in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates in three segments: Network Solutions, Test and Measurement, and Embedded Solutions.
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