WidePoint Corp (WYY)

• Market cap: $40.8M
• 1 day: 14.02%
• 5 days: 3.17%
• 1 month: 14.32%
• 3 months: 13.40%
• 6 months: 51.07%
• Year to date: 88.00%
• 1 year: 144.51%
• 5 years: 8.18%
• 10 years: -70.83%
• Sector: Information Technology
• Industry: Computer Integrated Systems Design

About: WidePoint Corp is a provider of Technology Management as a Service (TMaaS) that consists of federally certified communications management, identity management, interactive bill presentment and analytics, and Information Technology as a Service solution. Its solutions include Telecom Lifecycle Management, Digital billing communications solutions, and Mobile and Identity management. Geographically the company generates a majority of its revenue from the United States and rest from Europe.

Employees: 216

Fund manager confidence

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

1,900% more call options, than puts

Call options by funds: $20K | Put options by funds: $1K

100% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 5

0.08% more ownership

Funds ownership: 11.14% [Q2] → 11.23% (+0.08%) [Q3]

4% less funds holding

Funds holding: 27 [Q2] → 26 (-1) [Q3]

12% less capital invested

Capital invested by funds: $4.35M [Q2] → $3.83M (-$511K) [Q3]

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $7 65% upside
• Avg. target: $7 65% upside
• High target: $7 65% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

HC Wainwright & Co. Scott Buck 50% 1-year accuracy 50 / 100 met price target	65% upside $7	Buy Reiterated	14 Nov 2024
HC Wainwright & Co. Scott Buck 50% 1-year accuracy 50 / 100 met price target	65% upside $7	Buy Initiated	24 Oct 2024