WidePoint FY2026 EPS Reduced by Litchfield Hills Research

WidePoint Corporation (NYSEAMERICAN:WYY) – Litchfield Hills Research cut their FY2026 earnings per share (EPS) estimates for shares of WidePoint in a report issued on Monday, August 17th. Litchfield Hills Research analyst B. Sine now expects that the technology company will post earnings of $0.03 per share for the year, down from their previous estimate of $0.04. The consensus estimate for WidePoint’s current full-year earnings is $0.04 per share.

WidePoint (NYSEAMERICAN:WYY) last posted its quarterly earnings data on Thursday, August 13th. The technology company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.03). WidePoint had a negative return on equity of 10.74% and a negative net margin of 0.81%.The firm had revenue of $38.00 million for the quarter, compared to analysts’ expectations of $41.83 million.

Separately, Zacks Research cut shares of WidePoint from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 13th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $9.00.

WidePoint Price Performance

Shares of NYSEAMERICAN:WYY opened at $9.09 on Wednesday. The business’s 50 day moving average price is $12.64 and its 200-day moving average price is $8.65. The firm has a market capitalization of $89.90 million, a PE ratio of -69.92 and a beta of 1.77. WidePoint has a 1 year low of $3.75 and a 1 year high of $24.30.

Insider Activity at WidePoint

In other WidePoint news, COO Todd Dzyak sold 5,000 shares of the business’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $12.75, for a total transaction of $63,750.00. Following the transaction, the chief operating officer owned 110,436 shares of the company’s stock, valued at approximately $1,408,059. The trade was a 4.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director John J. Fitzgerald sold 15,000 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $15.63, for a total transaction of $234,450.00. Following the completion of the sale, the director directly owned 90,414 shares of the company’s stock, valued at $1,413,170.82. This represents a 14.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 82,745 shares of company stock valued at $1,355,144. 16.10% of the stock is currently owned by insiders.

Institutional Trading of WidePoint

Several hedge funds have recently made changes to their positions in the company. XTX Topco Ltd purchased a new stake in shares of WidePoint during the 2nd quarter valued at approximately $58,000. NewEdge Advisors LLC acquired a new position in WidePoint in the second quarter valued at approximately $74,000. Jane Street Group LLC purchased a new position in WidePoint in the second quarter worth approximately $87,000. Bridgeway Capital Management LLC grew its position in WidePoint by 87.6% in the second quarter. Bridgeway Capital Management LLC now owns 60,527 shares of the technology company’s stock worth $207,000 after acquiring an additional 28,269 shares during the period. Finally, Vanguard Group Inc. increased its stake in WidePoint by 2.4% during the third quarter. Vanguard Group Inc. now owns 376,513 shares of the technology company’s stock worth $1,862,000 after acquiring an additional 8,850 shares during the last quarter. Hedge funds and other institutional investors own 22.60% of the company’s stock.

WidePoint Company Profile

WidePoint Corporation (NYSE American: WYY) is a provider of secure mobility management and identity management solutions. Headquartered in Reston, Virginia, the company delivers a range of managed services designed to help organizations control and secure their telecommunications and IT environments. Since its inception in the late 1990s, WidePoint has focused on helping businesses and government agencies optimize their mobile device portfolios and ensure regulatory compliance.

WidePoint’s core offerings include mobile device management, telecom expense management, and unified endpoint security.