Private Asset Management Upped By $457,807 Its Verizon Communications (VZ) Position; Boingo Wireless (WIFI) SI Increased By 12.11%

Private Asset Management Inc increased Verizon Communications (VZ) stake by 35.66% reported in 2017Q3 SEC filing. Private Asset Management Inc acquired 9,343 shares as Verizon Communications (VZ)’s stock declined 7.66%. The Private Asset Management Inc holds 35,542 shares with $1.76 million value, up from 26,199 last quarter. Verizon Communications now has $208.07B valuation. The stock increased 0.35% or $0.18 during the last trading session, reaching $51.01. About 16.07 million shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since February 8, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Boingo Wireless Incorporated (NASDAQ:WIFI) had an increase of 12.11% in short interest. WIFI’s SI was 1.67M shares in February as released by FINRA. Its up 12.11% from 1.49 million shares previously. With 428,700 avg volume, 4 days are for Boingo Wireless Incorporated (NASDAQ:WIFI)’s short sellers to cover WIFI’s short positions. The SI to Boingo Wireless Incorporated’s float is 5.02%. The stock increased 2.16% or $0.49 during the last trading session, reaching $23.2. About 282,050 shares traded. Boingo Wireless, Inc. (NASDAQ:WIFI) has risen 132.10% since February 8, 2017 and is uptrending. It has outperformed by 115.40% the S&P500.

Investors sentiment increased to 2.08 in 2017 Q3. Its up 0.26, from 1.82 in 2017Q2. It is positive, as 7 investors sold Boingo Wireless, Inc. shares while 33 reduced holdings. 33 funds opened positions while 50 raised stakes. 33.43 million shares or 7.47% more from 31.11 million shares in 2017Q2 were reported. Invesco Limited invested 0% of its portfolio in Boingo Wireless, Inc. (NASDAQ:WIFI). Gilder Gagnon Howe And Ltd Liability Corporation has 532,971 shares. Northern Tru Corporation stated it has 468,099 shares. Qs Investors Llc owns 131,815 shares for 0.02% of their portfolio. Moreover, Alliancebernstein Lp has 0% invested in Boingo Wireless, Inc. (NASDAQ:WIFI) for 48,700 shares. Millrace Asset Inc invested in 1.11% or 55,175 shares. Strs Ohio accumulated 37,000 shares or 0% of the stock. Sanctuary Wealth Advsrs Ltd Liability Company has 0.01% invested in Boingo Wireless, Inc. (NASDAQ:WIFI) for 379 shares. Cardinal Cap Mgmt Limited Liability Corporation Ct holds 0.44% or 495,314 shares in its portfolio. Great West Life Assurance Can owns 5,217 shares for 0% of their portfolio. Cortina Asset Lc has 0.45% invested in Boingo Wireless, Inc. (NASDAQ:WIFI). Federated Pa stated it has 0% in Boingo Wireless, Inc. (NASDAQ:WIFI). 685,684 are held by State Street Corp. Macquarie Group Inc Limited has invested 0% in Boingo Wireless, Inc. (NASDAQ:WIFI). Amer Group Inc Inc invested 0% in Boingo Wireless, Inc. (NASDAQ:WIFI).

Among 10 analysts covering Boingo Wireless (NASDAQ:WIFI), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. Boingo Wireless had 18 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Northland Capital on Monday, November 27. On Tuesday, July 21 the stock rating was initiated by Craig Hallum with “Buy”. The stock of Boingo Wireless, Inc. (NASDAQ:WIFI) has “Buy” rating given on Monday, June 20 by Lake Street. The firm earned “Buy” rating on Thursday, August 10 by Oppenheimer. The stock of Boingo Wireless, Inc. (NASDAQ:WIFI) has “Buy” rating given on Friday, November 3 by Northland Capital. On Friday, November 3 the stock rating was maintained by Credit Suisse with “Outperform”. The firm earned “Buy” rating on Thursday, August 3 by Oppenheimer. The firm has “Buy” rating given on Friday, November 3 by Jefferies. Jefferies maintained it with “Buy” rating and $2000 target in Friday, August 4 report. The firm earned “Sell” rating on Monday, July 11 by BTIG Research.

Since August 8, 2017, it had 0 buys, and 8 insider sales for $4.65 million activity. The insider Hagan David sold 60,000 shares worth $1.10M. On Tuesday, August 8 Tracey Tom sold $461,187 worth of Boingo Wireless, Inc. (NASDAQ:WIFI) or 25,000 shares. The insider Hovenier Peter sold 18,552 shares worth $395,258. $1.04M worth of Boingo Wireless, Inc. (NASDAQ:WIFI) shares were sold by Peterson Derek. Callahan Dawn sold 11,437 shares worth $261,346. The insider Finley Michael sold $262,033.

Boingo Wireless, Inc., together with its subsidiaries, provides wireless connectivity solutions for smartphones, tablets, laptops, wearables, and other wireless-enabled consumer devices. The company has market cap of $946.45 million. It designs, builds, monitors, and maintains distributed antenna systems , Wi-Fi, and small cell networks at managed and operated hotspot locations, such as airports, transportation hubs, stadiums, arenas, military bases, universities, convention centers, and office campuses in North America, Latin America, Europe, the Middle East, Africa, and Asia; and offers software applications and solutions to access its Wi-Fi network of approximately 1.5 million hotspots. It currently has negative earnings. The firm also provides Internet protocol television services for military servicemen and women living in the barracks of the United States army, air force, and military bases; and enables individuals to purchase Internet access at its managed and operated hotspots and select partner locations through month-to-month subscription and single-use access plans.

Among 28 analysts covering Verizon Communications Inc. (NYSE:VZ), 7 have Buy rating, 0 Sell and 21 Hold. Therefore 25% are positive. Verizon Communications Inc. has $63 highest and $44 lowest target. $54.19’s average target is 6.23% above currents $51.01 stock price. Verizon Communications Inc. had 74 analyst reports since July 22, 2015 according to SRatingsIntel. Howard Weil upgraded Verizon Communications Inc. (NYSE:VZ) on Monday, January 22 to “Sector Outperform” rating. The rating was maintained by SunTrust with “Hold” on Friday, October 20. As per Tuesday, February 21, the company rating was upgraded by Moffett Nathanson. Cowen & Co maintained Verizon Communications Inc. (NYSE:VZ) rating on Tuesday, July 18. Cowen & Co has “Hold” rating and $4900 target. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Buy” rating by Bank of America on Friday, October 20. FBR Capital maintained the stock with “Outperform” rating in Wednesday, October 21 report. The firm earned “Hold” rating on Friday, July 7 by RBC Capital Markets. The firm earned “Buy” rating on Tuesday, January 3 by Citigroup. Zacks upgraded Verizon Communications Inc. (NYSE:VZ) on Friday, August 14 to “Hold” rating. On Wednesday, October 4 the stock rating was maintained by Robert W. Baird with “Hold”.

Private Asset Management Inc decreased Schwab Value Adv Money Fd Prem stake by 1.50M shares to 6.00M valued at $6.00M in 2017Q3. It also reduced Wells Fargo Company (NYSE:WFC) stake by 13,728 shares and now owns 169,780 shares. Home Depot Inc (NYSE:HD) was reduced too.