Pacific DataVision Inc. (NASDAQ:PDVW) shares rose 5% during mid-day trading on Monday . The company traded as high as $23.07 and last traded at $22.95, with a volume of 57,118 shares trading hands. The stock had previously closed at $21.85.

PDVW has been the subject of a number of recent research reports. FBR & Co lifted their price objective on Pacific DataVision from $43.00 to $77.00 and gave the company an “outperform” rating in a research note on Tuesday, May 31st. TheStreet cut Pacific DataVision from a “hold” rating to a “sell” rating in a research note on Friday, June 3rd. Canaccord Genuity restated a “buy” rating and issued a $50.00 price target (down previously from $79.00) on shares of Pacific DataVision in a research note on Wednesday, June 15th. Finally, Zacks Investment Research upgraded Pacific DataVision from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research note on Wednesday, June 22nd.

The firm has a 50-day moving average of $22.03 and a 200-day moving average of $27.88. The firm’s market capitalization is $328.35 million.

Pacific DataVision (NASDAQ:PDVW) last released its quarterly earnings data on Tuesday, August 9th. The company reported ($0.70) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.29) by $0.41. The business had revenue of $1.05 million for the quarter, compared to the consensus estimate of $0.90 million. During the same period in the previous year, the company earned ($0.32) EPS. Pacific DataVision’s quarterly revenue was up 25.0% compared to the same quarter last year. On average, equities analysts expect that Pacific DataVision Inc. will post ($2.01) EPS for the current fiscal year.

In related news, major shareholder Owl Creek Asset Management, L. acquired 47,232 shares of the firm’s stock in a transaction on Thursday, June 16th. The stock was bought at an average price of $20.28 per share, for a total transaction of $957,864.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Vice Chairman Morgan E. Obrien acquired 5,000 shares of the firm’s stock in a transaction on Thursday, June 16th. The stock was bought at an average price of $20.96 per share, with a total value of $104,800.00. Following the purchase, the insider now directly owns 15,434 shares of the company’s stock, valued at $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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