Somewhat Positive News Coverage Somewhat Unlikely to Impact pdvWireless (PDVW) Share Price

Headlines about pdvWireless (NASDAQ:PDVW) have been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. pdvWireless earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned media headlines about the wireless provider an impact score of 46.2704490789605 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news stories that may have impacted Accern’s rankings:

Several brokerages have issued reports on PDVW. Zacks Investment Research cut shares of pdvWireless from a “hold” rating to a “sell” rating in a report on Wednesday. ValuEngine cut shares of pdvWireless from a “hold” rating to a “sell” rating in a report on Thursday, October 12th. B. Riley reaffirmed a “buy” rating and issued a $59.00 target price on shares of pdvWireless in a report on Wednesday. Finally, BidaskClub cut shares of pdvWireless from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st.

Shares of pdvWireless (NASDAQ PDVW) traded down $0.60 during trading on Friday, reaching $29.45. 9,700 shares of the company’s stock traded hands, compared to its average volume of 20,078. pdvWireless has a twelve month low of $18.70 and a twelve month high of $33.75.

In other news, major shareholder Owl Creek Asset Management, L. bought 14,749 shares of the firm’s stock in a transaction on Friday, November 3rd. The stock was acquired at an average cost of $29.26 per share, with a total value of $431,555.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Richard E. Rohmann sold 900 shares of pdvWireless stock in a transaction dated Friday, October 13th. The stock was sold at an average price of $30.60, for a total transaction of $27,540.00. The disclosure for this sale can be found here. 10.91% of the stock is currently owned by insiders.

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About pdvWireless

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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