Pacific DataVision Inc. (NASDAQ:PDVW) was down 2.7% during mid-day trading on Friday . The company traded as low as $21.03 and last traded at $21.50, with a volume of 83,332 shares changing hands. The stock had previously closed at $22.10.

A number of equities research analysts recently issued reports on PDVW shares. TheStreet upgraded shares of Pacific DataVision from a “sell” rating to a “hold” rating in a report on Tuesday, April 5th. Zacks Investment Research downgraded shares of Pacific DataVision from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 20th. FBR & Co boosted their target price on shares of Pacific DataVision from $43.00 to $77.00 and gave the company an “outperform” rating in a report on Tuesday, May 31st. Finally, Canaccord Genuity restated a “buy” rating and issued a $50.00 target price (down from $79.00) on shares of Pacific DataVision in a report on Wednesday, June 15th.

The company’s market capitalization is $307.45 million. The stock’s 50 day moving average price is $21.92 and its 200-day moving average price is $28.23.

Pacific DataVision (NASDAQ:PDVW) last announced its earnings results on Monday, June 13th. The company reported ($0.47) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.38) by $0.09. The company had revenue of $0.95 million for the quarter. The firm’s revenue was up 15.9% on a year-over-year basis. During the same period last year, the firm posted ($0.44) earnings per share. Analysts anticipate that Pacific DataVision Inc. will post ($1.46) EPS for the current year.

In other Pacific DataVision news, Chairman Brian Mcauley acquired 9,000 shares of Pacific DataVision stock in a transaction dated Friday, June 17th. The stock was bought at an average price of $21.45 per share, for a total transaction of $193,050.00. Following the transaction, the chairman now owns 382,636 shares in the company, valued at approximately $8,207,542.20. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Vice Chairman Morgan E. Obrien acquired 5,000 shares of Pacific DataVision stock in a transaction dated Thursday, June 16th. The shares were acquired at an average price of $20.96 per share, with a total value of $104,800.00. Following the transaction, the insider now owns 15,434 shares in the company, valued at approximately $323,496.64. The disclosure for this purchase can be found here.

pdvWireless, Inc, formerly Pacific DataVision, Inc focuses on wireless industry and delivering its two-way radio services that include cloud-based mobile work-force management solutions. The Company provides end users with a true push-to-talk (PTT) experience, which uses technology that helps business customers in field communication, documentation and productivity to the next level.

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