Boingo Wireless Inc (WIFI) Shares Bought by Teachers Advisors LLC

Ivan Schwartz
June 3, 2017

The SI to Boingo Wireless Incorporated's float is 3.04%.

Traders are a little more bullish on shares of the company lately if you watch the downtick in short interest. Teachers Advisors LLC increased its stake in shares of Boingo Wireless by 2.8% in the first quarter. It has outperformed by 9.35% the S&P500. Boingo Wireless has a 52 week low of $6.70 and a 52 week high of $16.58. Pembroke Limited has 1.87 million shares. Stifel Finance has invested 0% in Boingo Wireless Inc (NASDAQ:WIFI).

The stock increased 2.24% or $0.36 during the last trading session, reaching $16.43.

About 117,439 shares traded. The insider Hagan David sold 75,000 shares worth $1.20 million. It has outperformed by 115.40% the S&P500.The move comes after 6 months positive chart setup for the $621.19M company.

Investors sentiment decreased to 1.02 in 2016 Q4. Based on a recent trade, the shares are hovering around $0.75 which, according to analysts, yield significant upside potential to the $1.50 consensus target price.

Large investors have recently modified their holdings of the stock. 56 funds opened positions while 136 raised stakes. California State Teachers Retirement Sys holds 0% or 73,486 shares in its portfolio. Wall Street Assocs accumulated 165,100 shares. Marshall Wace Limited Liability Partnership holds 0% or 11,617 shares. Schwab Charles Invest Mngmt Incorporated invested in 51,500 shares. Blackrock Institutional Tru Co Na has 750,132 shares. Rothschild Asset Inc reported 0.04% in Bankrate Inc (NYSE:RATE). Parametric Portfolio Ltd Liability Co reported 34,235 shares. 446,362 are held by Bank Of Mellon. Lake Street Capital reissued a "buy" rating and issued a $14.00 price target (up from $12.00) on shares of Boingo Wireless in a report on Wednesday, March 8th. Cornerstone Capital Mgmt Limited Company holds 8,504 shares or 0% of its portfolio. Adams Diversified Equity Fund stated it has 119,800 shares. 1492 Cap Llc holds 3.27% or 347,816 shares.

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Craig-Hallum started coverage with an initial rating of "Buy" and a price target of $14.00. Craig Hallum has "Buy" rating and $13 target. Ladenburg Thalmann Financial Services lifted their price objective on shares of Boingo Wireless from $16.85 to $18.50 and gave the stock a "buy" rating in a research note on Thursday, May 25th. The stock has "Buy" rating by Jefferies on Friday, April 15. The rating was maintained by Pivotal Research with "Buy" on Thursday, February 16. The stock of Cooper Companies Inc (NYSE:COO) earned "Buy" rating by Stifel Nicolaus on Wednesday, August 31. The rating was maintained by Needham on Monday, November 23 with "Buy".

As of December 31, 2016, the Company had more than 1.5 million commercial Wi-Fi hotspots in more than 100 countries around the world. Therefore 15% are positive. Five analysts have made estimates for Boingo Wireless' earnings. Zacks upgraded the shares of WIFI in report on Tuesday, September 22 to "Hold" rating. The firm earned "Buy" rating on Monday, August 10 by DA Davidson. BTIG Research initiated it with "Sell" rating and $6.85 target in Monday, July 11 report. Following the completion of the sale, the insider now directly owns 42,664 shares of the company's stock, valued at $683,477.28. RUBENSTEIN ALLAN E also sold $876,150 worth of Cooper Companies Inc (NYSE:COO) on Friday, January 6. (NYSE:GWB) stake by 19,700 shares and now owns 182,180 shares. Cooper Companies Inc (NYSE:COO) has risen 33.48% since May 30, 2016 and is uptrending. FTE Networks Inc (OTCMKTS:FTNW) has 0.00% since June 1, 2016 and is. Its up 0.08, from 0.79 in 2016Q3.

Investment analysts at Oppenheimer Holdings issued their Q2 2017 earnings estimates for Boingo Wireless in a research report issued to clients and investors on Friday, Zacks Investment Research reports. Dimensional Fund Advisors LP raised its position in Boingo Wireless by 2.8% in the first quarter.

Boingo Wireless (NASDAQ:WIFI) last issued its earnings results on Thursday, May 4th. White Pine Cap Ltd Liability Com stated it has 0.81% of its portfolio in Boingo Wireless Inc (NASDAQ:WIFI). The original version of this story can be accessed at Alliancebernstein L.P. now owns 26,400 shares of the technology company's stock valued at $343,000 after buying an additional 1,200 shares in the last quarter.

On average, analysts expect that Boingo Wireless will report full year earnings of ($0.66) per share for the current year, with EPS estimates ranging from ($0.69) to ($0.63). Spark Invest Mgmt Limited Com holds 117,100 shares.

05/08/2015 - Boingo Wireless, Inc. was upgraded to "hold" by analysts at Zacks. Victory Capital Mngmt invested in 185,910 shares. Park West Asset Llc invested in 1.6% or 1.70M shares. Northpointe Capital Lc holds 1.4% or 1.16 million shares in its portfolio. Croft Leominster Inc. purchased a new stake in Boingo Wireless during the third quarter valued at about $287,000.

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