EricssonERIC
About: Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.
Employees: 95,984
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
300% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 4 (+3) [Q2]
48% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 61
24% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 38
21% more call options, than puts
Call options by funds: $15.6M | Put options by funds: $12.9M
11% more capital invested
Capital invested by funds: $1.69B [Q1] → $1.87B (+$185M) [Q2]
4% more funds holding
Funds holding: 234 [Q1] → 243 (+9) [Q2]
0.09% less ownership
Funds ownership: 9.92% [Q1] → 9.83% (-0.09%) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for ERIC.
Financial journalist opinion
Based on 38 articles about ERIC published over the past 30 days