Insider Trading Alert: Wireless Telecom Group, Inc. $WTT

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Wireless Telecom Group, Inc. (ARCA:WTT) insiders have most recently took part in a trading activity. On Sep 14, 2017 Kandell Michael, CFO bought 9,000 shares having total worth of $12,780 at the price of $1.42 per share, following the transaction a total of 17,500 shares owned by Kandell Michael. Before this latest buy, Kandell Michael purchased WTT at 1 other times during the past twelve months, for a total investment of $12,920 at an average of $1.52 per share.

On the same day, Whelan Timothy, CEO bought 10,000 shares having total worth of $14,400 at the price of $1.44 per share, following the transaction a total of 271,935 shares owned by Whelan Timothy. Before this latest buy, Whelan Timothy purchased WTT at 1 other times during the past twelve months, for a total investment of $116,250 at an average of $1.55 per share.

Furthermore, over the past 12 months , the stock was traded 2 times by insiders. an employee of the company was the buyer in 2 instances.

Wireless Telecom Group, Inc. (ARCA:WTT) last announced its earnings results on Aug 9, 2017. The company reported -0.07 earnings per share (EPS) for the quarter. The company had revenue of $12 million for the quarter During the same quarter in the previous year, the company posted -0.01 earnings per share. The company’s revenue for the quarter was up 57% on a year-over-year basis.

2017-08-09 2017-05-15 2017-03-20 2016-03-29 2015-11-16 2015-08-12 2015-05-13 2015-03-31 2014-08-14 2014-05-15
earnings per share -0.07 -0.06 -0.04 0.00 0.00 0.00 0.01 0.01 0.03 0.02
Revenue(M) 11.93 9.55 9 7.93 8.34 8.21 8.63 9.34 10.4 9.19

Wireless Telecom Group, Inc. was incorporated in the State of New Jersey in 1985. The Company designs and manufactures radio frequency (RF) and microwave-based products for wireless and advanced communications industries and markets its products and services worldwide under the Boonton, Microlab & Noisecom brands. Its complementary suite of high performance instruments and components includes peak power meters, signal analyzers, power splitters, combiners, diplexers, noise modules, precision noise generators, and mobile phone testing solutions. The Company serves both commercial and government markets with workflow-oriented, built-for-purpose solutions in cellular/mobile, WiFi, WiMAX, private mobile radio, satellite, cable, radar, avionics, medical, and computing applications. The Company’s noise components and instruments are used as a method to provide wide band signals for sophisticated telecommunication and defense applications, and as a stable reference standard for instruments and systems, including radar and satellite communications. Its noise source products are used in radar systems as part of built-in test equipment to continuously monitor the radar receiver and in satellite communications where the use of back-up receivers are becoming more common as the demand for communication availability and reliability is increasing. It also offers a line of broadband test sources serving the Cable Television and Cable Modem industry, including measurement solutions for CATV equipment, Data-Over-Cable (‘DOCSIS’) and Digital TV. The Company, through its Boonton subsidiary, designs and produces electronic test and measurement equipment including power meters, voltmeters, capacitance meters, audio and modulation meters, passive intermodulation test equipment for cellular transmission signals and accessory products. These products measure the power of RF and microwave systems used by the military and in commercial sectors like telecommunications. Its competitors include: Rhode & Schwartz GmbH & Co. KG, Anritsu Corporation, Kathrein, Cellular Specialties, Inc. and Aeroflex Holding Corp. The trademark ‘Boonton’ was registered in the United States Patent and Trademark Office. The Company’s businesses are subject to various significant international, federal, state and local regulations, including but not limited to health and safety, packaging, product content, labor and import/export regulations.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.