InseegoINSG
Market Cap: 116M
About: Inseego Corp is into the design and development of fixed and mobile wireless solutions (4G and 5G NR), Industrial Internet of Things and cloud solutions for enterprises, service providers, small and medium-sized businesses, governments, and consumers around the globe. Its products and services include intelligent mobile hotspots, wireless routers for IoT applications, USB modems, integrated telematics and mobile tracking devices, which are supported by applications software and cloud services designed to enable customers to easily analyze data insights and configure and manage their hardware. It generates maximum revenue from United States and Canada. The company also has a presence in Australia and Europe (including United Kingdom).
Employees: 345
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
24% more call options, than puts
Call options by funds: $185K | Put options by funds: $149K
23% more capital invested
Capital invested by funds: $8.5M [Q4 2023] → $10.4M (+$1.94M) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 2 (+0) [Q1 2024]
1.46% less ownership
Funds ownership: 32.91% [Q4 2023] → 31.45% (-1.46%) [Q1 2024]
38% less funds holding
Funds holding: 72 [Q4 2023] → 45 (-27) [Q1 2024]
84% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 32
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 38
Research analyst outlook
3 Wall Street Analysts provided 1 year price forecasts over the past 6 months
3 analyst ratings
TD Cowen Lance Vitanza | 38%upside $13.5 | Hold Maintained | 2 Jul 2024 |
TD Cowen Lance Vitanza | 23%upside $12 | Hold Maintained | 20 May 2024 |
TD Cowen Lance Vitanza | 64%downside $3.5 | Market Perform Maintained | 13 Mar 2024 |
Financial journalist opinion
Based on 7 articles about INSG published over the past 30 days