Essex Investment Management Co. LLC acquired a new position in shares of Wireless Telecom Group Inc (NYSEMKT:WTT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 239,532 shares of the technology company’s stock, valued at approximately $400,000. Essex Investment Management Co. LLC owned 1.07% of Wireless Telecom Group at the end of the most recent quarter.
Separately, Renaissance Technologies LLC increased its holdings in shares of Wireless Telecom Group by 1.6% in the 1st quarter. Renaissance Technologies LLC now owns 857,100 shares of the technology company’s stock valued at $1,269,000 after purchasing an additional 13,600 shares during the period.
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Wireless Telecom Group Inc (NYSEMKT WTT) opened at $1.78 on Monday. Wireless Telecom Group Inc has a twelve month low of $1.30 and a twelve month high of $1.99.
Wireless Telecom Group (NYSEMKT:WTT) last announced its quarterly earnings results on Wednesday, August 9th. The technology company reported ($0.07) EPS for the quarter. The firm had revenue of $11.93 million during the quarter. Wireless Telecom Group had a negative net margin of 11.46% and a negative return on equity of 15.08%.
Wireless Telecom Group Profile
Wireless Telecom Group, Inc designs and manufactures radio frequency and microwave-based products for wireless and communications industries. It markets its products and services under the brand names, Boonton, Microlab and Noisecom. It serves commercial and government markets with solutions in distributed antenna systems (DAS), cellular/mobile, wireless fidelity, worldwide interoperability for microwave access (WiMAX), private mobile radio, satellite, cable, radar, avionics, medical and computing applications.
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