News articles about Boingo Wireless (NASDAQ:WIFI) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Boingo Wireless earned a news impact score of 0.16 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 45.7188850602171 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news articles that may have effected Accern Sentiment’s scoring:

WIFI has been the subject of a number of research analyst reports. Credit Suisse Group reissued a “buy” rating and issued a $16.00 price target on shares of Boingo Wireless in a research report on Tuesday, April 18th. Benchmark Co. initiated coverage on shares of Boingo Wireless in a research report on Tuesday, April 25th. They issued a “buy” rating and a $18.00 price target for the company. Craig Hallum increased their price target on shares of Boingo Wireless from $13.00 to $17.00 and gave the stock a “buy” rating in a research report on Friday, May 5th. Ladenburg Thalmann Financial Services increased their price target on shares of Boingo Wireless from $16.85 to $18.50 and gave the stock a “buy” rating in a research report on Thursday, May 25th. Finally, ValuEngine raised shares of Boingo Wireless from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. Boingo Wireless has an average rating of “Hold” and a consensus price target of $17.93.

Shares of Boingo Wireless (NASDAQ WIFI) traded up 0.16% during trading on Friday, reaching $18.41. 339,015 shares of the company traded hands. The stock’s market cap is $738.41 million. The stock’s 50 day moving average price is $15.73 and its 200-day moving average price is $14.14. Boingo Wireless has a 12 month low of $8.10 and a 12 month high of $19.42.

Boingo Wireless (NASDAQ:WIFI) last released its quarterly earnings results on Thursday, August 3rd. The technology company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.17) by $0.03. Boingo Wireless had a negative return on equity of 25.82% and a negative net margin of 13.85%. The firm had revenue of $49 million for the quarter, compared to analyst estimates of $46.23 million. During the same period last year, the company earned ($0.19) EPS. The company’s revenue was up 25.3% compared to the same quarter last year. On average, equities research analysts expect that Boingo Wireless will post ($0.64) EPS for the current fiscal year.

In other news, VP Tom Tracey sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $15.75, for a total transaction of $393,750.00. Following the sale, the vice president now owns 67,316 shares in the company, valued at approximately $1,060,227. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO David Hagan sold 60,000 shares of the company’s stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $18.39, for a total value of $1,103,400.00. Following the sale, the chief executive officer now owns 621,853 shares in the company, valued at approximately $11,435,876.67. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,010,765 shares of company stock valued at $15,943,471. Insiders own 7.70% of the company’s stock.

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Boingo Wireless Company Profile

Boingo Wireless, Inc is a provider of commercial mobile wireless fidelity (Wi-Fi) Internet solutions and indoor Distributed Antenna System (DAS) services. The Company operates as a service provider of wireless connectivity solutions across its managed and operated network and aggregated network for mobile devices such as laptops, smartphones, tablets and other wireless-enabled consumer devices.

Insider Buying and Selling by Quarter for Boingo Wireless (NASDAQ:WIFI)

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