Boingo Wireless, Inc. (WIFI) Reaches $24.50 After 5.00% Up Move; Southeastern Asset Management Has Boosted Graham Holdings Company (GHC) Position

June 15, 2018 - By Dolores Ford

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Southeastern Asset Management Inc increased Graham Holdings Company (GHC) stake by 1.27% reported in 2018Q1 SEC filing. Southeastern Asset Management Inc acquired 8,736 shares as Graham Holdings Company (GHC)’s stock rose 1.20%. The Southeastern Asset Management Inc holds 696,218 shares with $419.30 million value, up from 687,482 last quarter. Graham Holdings Company now has $3.22 billion valuation. The stock increased 0.43% or $2.6 during the last trading session, reaching $600.7. About 9,653 shares traded. Graham Holdings Company (NYSE:GHC) has risen 0.67% since June 15, 2017 and is uptrending. It has underperformed by 11.90% the S&P500. Some Historical GHC News: ; 19/04/2018 – DJ Graham Holdings Co, Inst Holders, 1Q 2018 (GHC); 04/05/2018 – KAPLAN – UNDER KAPLAN’S MANAGEMENT, PPI CEO PATTY STEINHARDT WILL CONTINUE TO LEAD OPERATIONS AND COMPANY WILL REMAIN IN BELMONT; 10/05/2018 – ♫ Reuters Insider – Iran, Israel exchange fire in direct escalation; 20/04/2018 – The New York Mets and Kaplan Test Prep to Present College Prep Day at Citi Field on May 3 to Help Students Navigate the Admissions Process; 09/05/2018 – ♫ Reuters Insider – Trump’s CIA pick faces tough grilling on Hill; 30/05/2018 – GRAHAM HOLDINGS – AMENDED AND RESTATED CREDIT AGREEMENT EXTENDS MATURITY OF REVOLVING CREDIT FACILITY TO MAY 30, 2023 – SEC FILING; 11/05/2018 – ♫ Reuters Insider – White House official mocked ‘dying’ McCain: media; 21/05/2018 – GRAHAM HOLDINGS CO. REPORTS PROPOSED $400M PRIVATE OFFERING OF; 21/05/2018 – GRAHAM HOLDINGS CO – INTENDS TO OFFER $400 MLN IN AGGREGATE PRINCIPAL AMOUNT OF ITS SENIOR UNSECURED NOTES DUE 2026; 03/04/2018 – Graham Holdings: David Curtis Named CEO of Graham Healthcare Group Home Health

The stock of Boingo Wireless, Inc. (NASDAQ:WIFI) is a huge mover today! The stock increased 1.20% or $0.29 during the last trading session, reaching $24.5. About 493,464 shares traded or 18.79% up from the average. Boingo Wireless, Inc. (NASDAQ:WIFI) has risen 31.53% since June 15, 2017 and is uptrending. It has outperformed by 18.96% the S&P500. Some Historical WIFI News: ; 03/05/2018 – BOINGO WIRELESS INC WIFI.O SEES FY 2018 REVENUE $227 MLN TO $234 MLN; 03/05/2018 – Boingo Wireless Sees 2Q Loss/Shr 10c-Loss 17c; 16/05/2018 – Boingo Wireless Presenting at JPMorgan Conference Tomorrow; 03/05/2018 – BOINGO WIRELESS INC WIFI.O SEES FY 2018 SHR LOSS $0.36 TO $0.48; 03/05/2018 – Boingo Wireless Sees 2018 Loss/Shr 36c-Loss 48c; 15/05/2018 – Daruma Capital Management Buys 4.5% Position in Boingo Wireless; 19/04/2018 DJ Boingo Wireless Inc, Inst Holders, 1Q 2018 (WIFI); 03/05/2018 – CLOVERDALE’S GATTMAN SEES 60% DOWNSIDE FOR BOINGO WIRELESS; 03/05/2018 – BOINGO WIRELESS INC WIFI.O FY2018 SHR VIEW $-0.45, REV VIEW $231.9 MLN — THOMSON REUTERS l/B/E/S; 03/05/2018 – Boingo Wireless Sees 2018 Rev $227M-$234MThe move comes after 6 months positive chart setup for the $1.02B company. It was reported on Jun, 15 by Barchart.com. We have $25.73 PT which if reached, will make NASDAQ:WIFI worth $51.20M more.

Another recent and important Graham Holdings Company (NYSE:GHC) news was published by Bizjournals.com which published an article titled: “Public media company sells Miami-Dade development site for $5M” on June 15, 2018.

Southeastern Asset Management Inc decreased Franklin Resources Inc. (NYSE:BEN) stake by 24,021 shares to 1.57M valued at $54.31M in 2018Q1. It also reduced Vipshop Holdings Ltd (NYSE:VIPS) stake by 444,392 shares and now owns 880,294 shares. United Technologies Corporatio (NYSE:UTX) was reduced too.

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 $1.02 billion. 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.

Analysts await Boingo Wireless, Inc. (NASDAQ:WIFI) to report earnings on August, 2. They expect $-0.13 earnings per share, up 35.00% or $0.07 from last year’s $-0.2 per share. After $-0.08 actual earnings per share reported by Boingo Wireless, Inc. for the previous quarter, Wall Street now forecasts 62.50% negative EPS growth.

Investors sentiment decreased to 0.92 in Q1 2018. Its down 1.00, from 1.92 in 2017Q4. It is negative, as 17 investors sold Boingo Wireless, Inc. shares while 57 reduced holdings. 24 funds opened positions while 44 raised stakes. 36.12 million shares or 2.72% more from 35.16 million shares in 2017Q4 were reported. Schwab Charles Management owns 207,494 shares or 0% of their US portfolio. Gilder Gagnon Howe And Limited Co has invested 0.05% in Boingo Wireless, Inc. (NASDAQ:WIFI). National Bank Of Ny Mellon owns 1.34M shares or 0.01% of their US portfolio. Swiss Financial Bank, a Switzerland-based fund reported 62,850 shares. S Squared Tech Ltd Liability Corp has invested 1.61% in Boingo Wireless, Inc. (NASDAQ:WIFI). Virtu Finance Limited Liability Corporation holds 11,075 shares. 2.68 million are owned by Vanguard Gru Incorporated. Rhumbline Advisers stated it has 0% in Boingo Wireless, Inc. (NASDAQ:WIFI). Aperio Grp Inc Incorporated holds 0% of its portfolio in Boingo Wireless, Inc. (NASDAQ:WIFI) for 18,473 shares. Goldman Sachs Grp Inc Inc accumulated 188,778 shares or 0% of the stock. Quantbot Technology Lp invested in 3,603 shares. Ftb Advsr accumulated 0% or 250 shares. Granahan Inv Mngmt Ma has invested 0.08% of its portfolio in Boingo Wireless, Inc. (NASDAQ:WIFI). First Quadrant Limited Partnership Ca owns 12,095 shares. Stephens Mgmt Group Inc Limited Liability Co holds 495,253 shares.

Since January 16, 2018, it had 0 insider purchases, and 12 selling transactions for $13.50 million activity. $1.38M worth of Boingo Wireless, Inc. (NASDAQ:WIFI) shares were sold by Hagan David. Hovenier Peter had sold 50,000 shares worth $1.38 million. Peterson Derek sold $668,007 worth of stock or 23,853 shares. Callahan Dawn sold $1.18 million worth of stock. Another trade for 50,000 shares valued at $1.29 million was sold by Tracey Tom. On Wednesday, March 14 the insider Finley Michael sold $193,776. 12,500 shares were sold by JONES TERRELL B, worth $339,875 on Tuesday, March 13.

More news for Boingo Wireless, Inc. (NASDAQ:WIFI) were recently published by: Nasdaq.com, which released: “Boingo Wireless Announces Participation at William Blair’s 38th Annual Growth Stock Conference” on June 02, 2018. Nasdaq.com‘s article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within IDT, National Presto Industries, EnPro Industries …” and published on May 17, 2018 is yet another important article.

Among 10 analysts covering Boingo Wireless (NASDAQ:WIFI), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. Boingo Wireless had 24 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, November 4 by Craig Hallum. Jefferies maintained the shares of WIFI in report on Friday, November 3 with “Buy” rating. The rating was maintained by Oppenheimer with “Buy” on Thursday, August 10. The rating was initiated by BTIG Research on Monday, July 11 with “Sell”. Oppenheimer maintained Boingo Wireless, Inc. (NASDAQ:WIFI) rating on Friday, May 4. Oppenheimer has “Buy” rating and $3000 target. Jefferies maintained Boingo Wireless, Inc. (NASDAQ:WIFI) on Friday, August 4 with “Buy” rating. The firm has “Outperform” rating by Credit Suisse given on Friday, November 3. The firm earned “Buy” rating on Wednesday, February 28 by Northland Capital. The stock of Boingo Wireless, Inc. (NASDAQ:WIFI) earned “Buy” rating by Oppenheimer on Wednesday, February 28. As per Monday, June 20, the company rating was initiated by Lake Street.

Graham Holdings Company (NYSE:GHC) Institutional Positions Chart

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