WidePoint Co. (WYY) Director Sells $50,000.01 in Stock

WidePoint Co. (NYSEAMERICAN:WYY) Director Morton S. Taubman sold 106,383 shares of the business’s stock in a transaction that occurred on Friday, November 30th. The shares were sold at an average price of $0.47, for a total transaction of $50,000.01. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

WYY stock traded up $0.01 during trading hours on Monday, hitting $0.47. The company’s stock had a trading volume of 126,270 shares, compared to its average volume of 138,350. WidePoint Co. has a 12 month low of $0.40 and a 12 month high of $0.73.

Separately, B. Riley reissued a “buy” rating on shares of WidePoint in a research report on Monday, November 12th.

An institutional investor recently raised its position in WidePoint stock. Renaissance Technologies LLC grew its holdings in WidePoint Co. (NYSEAMERICAN:WYY) by 129.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 490,600 shares of the technology company’s stock after acquiring an additional 277,099 shares during the period. Renaissance Technologies LLC owned 0.59% of WidePoint worth $270,000 as of its most recent SEC filing.

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WidePoint Company Profile

WidePoint Corporation provides trusted mobility management (TM2) solutions to the government and commercial sectors in North America and Europe. It offers federally certified secure identity management and communications solutions through a proprietary portal. The company provides telecom lifecycle management solutions to corporations, governments, and not-for-profit organizations that provide visibility of telecom assets enabling clients to secure and manage the telecom assets; and telecom bill presentment analytical solutions, including bill presentment, subscriber data intelligence, and hosted voice analytics to communications service providers.

See Also: 52-Week High/Low

Insider Buying and Selling by Quarter for WidePoint (NYSEAMERICAN:WYY)

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