Timothy Whelan Purchases 25,000 Shares of Wireless Telecom Group Inc (WTT) Stock

Wireless Telecom Group Inc (NYSEAMERICAN:WTT) insider Timothy Whelan bought 25,000 shares of the stock in a transaction that occurred on Monday, May 13th. The shares were bought at an average cost of $1.53 per share, with a total value of $38,250.00. Following the completion of the transaction, the insider now owns 152,873 shares in the company, valued at $233,895.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Timothy Whelan also recently made the following trade(s):

  • On Friday, May 10th, Timothy Whelan bought 14,800 shares of Wireless Telecom Group stock. The shares were bought at an average cost of $1.52 per share, with a total value of $22,496.00.
  • On Thursday, March 14th, Timothy Whelan bought 12,500 shares of Wireless Telecom Group stock. The shares were bought at an average cost of $1.63 per share, with a total value of $20,375.00.

NYSEAMERICAN:WTT traded up $0.02 during trading hours on Friday, hitting $1.54. 6,545 shares of the company were exchanged, compared to its average volume of 26,108. Wireless Telecom Group Inc has a one year low of $1.40 and a one year high of $2.45.

Wireless Telecom Group (NYSEAMERICAN:WTT) last announced its earnings results on Wednesday, May 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by ($0.03). The company had revenue of $13.03 million during the quarter.

A hedge fund recently raised its stake in Wireless Telecom Group stock. Renaissance Technologies LLC lifted its holdings in Wireless Telecom Group Inc (NYSEAMERICAN:WTT) by 3.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,004,615 shares of the technology company’s stock after acquiring an additional 33,020 shares during the period. Renaissance Technologies LLC owned approximately 4.72% of Wireless Telecom Group worth $1,547,000 as of its most recent filing with the Securities and Exchange Commission.

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About Wireless Telecom Group

Wireless Telecom Group, Inc, together with its subsidiaries, designs, develops, manufactures, and markets radio frequency (RF) and microwave devices in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates in three segments: Network Solutions, Test and Measurement, and Embedded Solutions.

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