INSG stock icon

Inseego
INSG

$9.55
2.42%
 

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

0
Funds holding %
of 6,702 funds
Analysts bullish %
0
News positive %
of 7 articles

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

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$3.50
63%
downside
Avg. target
$7.75
19%
downside
High target
$12
26%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
TD Cowen
Lance Vitanza
26%upside
$12
Hold
Maintained
20 May 2024
TD Cowen
Lance Vitanza
63%downside
$3.5
Market Perform
Maintained
13 Mar 2024

Financial journalist opinion

Based on 7 articles about INSG published over the past 30 days