Gogo Inc (GOGO)

• Market cap: $986M
• 1 day: -2.84%
• 5 days: -3.83%
• 1 month: -2.58%
• 3 months: 9.43%
• 6 months: -18.49%
• Year to date: -22.82%
• 1 year: -22.51%
• 5 years: 25.25%
• 10 years: -54.16%
• Sector: Communication Services
• Industry: Communications Services

About: Gogo Inc is a broadband connectivity service for the business aviation market. It provides a customizable suite of smart cabin systems for integrated connectivity, inflight entertainment, and voice solutions. Its business segment includes Business Aviation. It generates two types of revenue: service revenue consists of monthly subscription and usage fees paid by aircraft owners and operators for telecommunication, data, and in-flight entertainment services. and equipment revenue consists of proceeds from the sale of ATG and narrowband satellite connectivity equipment and is recognized when control of the equipment is transferred to OEMs and dealers, which generally occurs when the equipment is shipped.

Employees: 457

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

267% more call options, than puts

Call options by funds: $14.7M | Put options by funds: $4M

1% less funds holding

Funds holding: 180 [Q2] → 179 (-1) [Q3]

3% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 35

1.49% less ownership

Funds ownership: 73.3% [Q2] → 71.81% (-1.49%) [Q3]

11% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 64

27% less capital invested

Capital invested by funds: $897M [Q2] → $657M (-$240M) [Q3]

29% less funds holding in top 10

Funds holding in top 10: 7 [Q2] → 5 (-2) [Q3]