Pacific DataVision Inc. (NASDAQ:PDVW) shares were down 2.7% on Friday . The stock traded as low as $21.03 and last traded at $21.50, with a volume of 83,332 shares. The stock had previously closed at $22.10.

Several research analysts have weighed in on PDVW shares. Zacks Investment Research lowered Pacific DataVision from a “buy” rating to a “hold” rating in a research report on Thursday, June 23rd. TheStreet downgraded Pacific DataVision from a “hold” rating to a “sell” rating in a research note on Friday, June 3rd. Canaccord Genuity reiterated a “buy” rating and set a $50.00 price target (down previously from $79.00) on shares of Pacific DataVision in a research note on Wednesday, June 15th. Finally, FBR & Co reiterated a “buy” rating and set a $43.00 price target on shares of Pacific DataVision in a research note on Tuesday, June 14th.

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

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

In other Pacific DataVision news, Chairman Brian Mcauley bought 9,000 shares of Pacific DataVision stock in a transaction on Friday, June 17th. The shares were purchased at an average cost of $21.45 per share, for a total transaction of $193,050.00. Following the completion of the acquisition, 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 this link. Also, major shareholder Owl Creek Asset Management, L. bought 15,376 shares of Pacific DataVision stock in a transaction on Tuesday, July 12th. The shares were acquired at an average price of $24.06 per share, for a total transaction of $369,946.56. 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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