Several brokerages have updated their recommendations and price targets on shares of WidePoint (NYSEAMERICAN: WYY) in the last few weeks:
- 4/22/2025 – WidePoint is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
- 4/17/2025 – WidePoint had its “buy” rating reaffirmed by analysts at HC Wainwright. They now have a $7.00 price target on the stock.
- 4/16/2025 – WidePoint is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
- 4/8/2025 – WidePoint is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
- 4/2/2025 – WidePoint is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
WidePoint Stock Up 3.0 %
Shares of NYSEAMERICAN WYY opened at $3.45 on Tuesday. WidePoint Co. has a 1 year low of $1.83 and a 1 year high of $6.25. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market capitalization of $33.81 million, a price-to-earnings ratio of -11.13 and a beta of 1.70. The business has a 50-day moving average of $3.38 and a two-hundred day moving average of $3.88.
Institutional Trading of WidePoint
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership acquired a new stake in shares of WidePoint during the fourth quarter valued at approximately $75,000. Jane Street Group LLC acquired a new stake in WidePoint during the fourth quarter worth about $101,000. Private Advisor Group LLC grew its position in WidePoint by 29.2% during the fourth quarter. Private Advisor Group LLC now owns 31,000 shares of the technology company’s stock worth $150,000 after buying an additional 7,000 shares in the last quarter. Truvestments Capital LLC acquired a new stake in WidePoint during the fourth quarter valued at approximately $186,000. Finally, Essex Investment Management Co. LLC boosted its holdings in WidePoint by 9.9% during the fourth quarter. Essex Investment Management Co. LLC now owns 50,699 shares of the technology company’s stock valued at $245,000 after purchasing an additional 4,547 shares in the last quarter. Hedge funds and other institutional investors own 22.60% of the company’s stock.
WidePoint Corporation provides technology management as a service (TMaaS) to the government and business enterprises in North America and Europe. It 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 deploys identity management solutions that provides secured virtual and physical access to restricted environments.
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