EA Series Trust acquired a new position in WidePoint Co. (NYSEAMERICAN:WYY – Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The firm acquired 18,670 shares of the technology company’s stock, valued at approximately $35,000. EA Series Trust owned 0.21% of WidePoint at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of WYY. UBS Group AG purchased a new position in shares of WidePoint in the 1st quarter worth about $29,000. Renaissance Technologies LLC purchased a new position in shares of WidePoint in the 2nd quarter worth about $37,000. Citadel Advisors LLC raised its holdings in shares of WidePoint by 121.1% during the 3rd quarter. Citadel Advisors LLC now owns 13,577 shares of the technology company’s stock valued at $29,000 after buying an additional 7,437 shares during the period. Vanguard Group Inc. raised its holdings in shares of WidePoint by 9.6% during the 3rd quarter. Vanguard Group Inc. now owns 390,757 shares of the technology company’s stock valued at $833,000 after buying an additional 34,072 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of WidePoint by 27.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 43,483 shares of the technology company’s stock valued at $79,000 after buying an additional 9,377 shares during the period. 10.51% of the stock is currently owned by hedge funds and other institutional investors.
WidePoint Stock Performance
Shares of NYSEAMERICAN:WYY opened at $1.69 on Wednesday. The company has a market cap of $15.07 million, a P/E ratio of -1.31 and a beta of 1.18. WidePoint Co. has a one year low of $1.60 and a one year high of $2.62. The business’s 50-day simple moving average is $1.86 and its 200 day simple moving average is $1.90.
Analysts Set New Price Targets
Separately, StockNews.com began coverage on WidePoint in a report on Friday, October 20th. They set a “sell” rating on the stock.
View Our Latest Stock Analysis on WYY
About WidePoint
WidePoint Corporation provides technology management as a service (TMaaS) to the government and business enterprises in North America and Europe. The company offers TMaaS solutions through a secure federal government certified proprietary portal and secure enterprise portal that provides ability to manage, analyze, and protect communications assets, as well as deploy identity management solutions that provide secured virtual and physical access to restricted environments.
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