InseegoINSG
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
158% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 12
92% more capital invested
Capital invested by funds: $42.3M [Q2] → $81.2M (+$38.9M) [Q3]
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
33% more funds holding
Funds holding: 57 [Q2] → 76 (+19) [Q3]
7.07% more ownership
Funds ownership: 33.44% [Q2] → 40.51% (+7.07%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
38% less call options, than puts
Call options by funds: $7.69M | Put options by funds: $12.4M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Stifel Tore Svanberg 64% 1-year accuracy 30 / 47 met price target | 11%upside $12 | Hold Maintained | 20 Dec 2024 |
TD Cowen Lance Vitanza 67% 1-year accuracy 16 / 24 met price target | 48%upside $16 | Hold Maintained | 15 Nov 2024 |
Roth MKM Scott Searle 50% 1-year accuracy 16 / 32 met price target | 39%upside $15 | Buy Upgraded | 14 Nov 2024 |
Financial journalist opinion
