Inseego (INSG)

• Market cap: $160M
• 1 day: -9.09%
• 5 days: -17.31%
• 1 month: -7.28%
• 3 months: -15.01%
• 6 months: -20.74%
• Year to date: 4.19%
• 1 year: 411.96%
• 5 years: -86.07%
• 10 years: -79.77%
• Sector: Communication Services
• Industry: Communications Equipment

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 Q4 regulatory filings by fund managers ($100M+ AUM)

127% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 11

50% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]

41% more call options, than puts

Call options by funds: $5.59M | Put options by funds: $3.95M

14% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 21

4% more funds holding

Funds holding: 76 [Q3] → 79 (+3) [Q4]

3.28% more ownership

Funds ownership: 40.79% [Q3] → 44.07% (+3.28%) [Q4]

17% less capital invested

Capital invested by funds: $81.8M [Q3] → $67.9M (-$13.9M) [Q4]

Research analyst outlook

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

• Low target: $12 12% upside
• Avg. target: $12 12% upside
• High target: $12 12% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Stifel Tore Svanberg 54% 1-year accuracy 25 / 46 met price target

12% upside $12

Hold Maintained

20 Dec 2024