WidePoint (NYSEAMERICAN:WYY) COO Sells $240,000.00 in Stock

WidePoint Corporation (NYSEAMERICAN:WYY) COO Todd Dzyak sold 10,000 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $24.00, for a total transaction of $240,000.00. Following the transaction, the chief operating officer owned 115,436 shares of the company’s stock, valued at approximately $2,770,464. This represents a 7.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Todd Dzyak also recently made the following trade(s):

• On Tuesday, June 23rd, Todd Dzyak sold 10,000 shares of WidePoint stock. The shares were sold at an average price of $15.00, for a total transaction of $150,000.00.

WidePoint Stock Performance

Shares of NYSEAMERICAN WYY opened at $16.72 on Friday. The company has a market cap of $165.36 million, a P/E ratio of -83.60 and a beta of 1.81. WidePoint Corporation has a 52-week low of $2.80 and a 52-week high of $24.30. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.04 and a current ratio of 1.04. The firm’s fifty day moving average is $10.10 and its two-hundred day moving average is $7.14.

WidePoint (NYSEAMERICAN:WYY) last released its quarterly earnings data on Thursday, May 14th. The technology company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.12) by $0.13. The business had revenue of $40.58 million during the quarter, compared to the consensus estimate of $37.87 million. WidePoint had a negative net margin of 1.24% and a negative return on equity of 16.24%. As a group, analysts anticipate that WidePoint Corporation will post -0.06 EPS for the current fiscal year.

Hedge Funds Weigh In On WidePoint

Large investors have recently modified their holdings of the stock. Potomac Capital Management Inc. purchased a new position in WidePoint during the fourth quarter worth $1,051,000. Cassaday & Co Wealth Management LLC purchased a new stake in shares of WidePoint in the first quarter valued at $87,000. PNC Financial Services Group Inc. bought a new stake in shares of WidePoint in the 1st quarter worth about $50,000. Jane Street Group LLC purchased a new stake in shares of WidePoint in the second quarter worth approximately $87,000. Finally, Vanguard Group Inc. raised its holdings in shares of WidePoint by 2.4% in the third quarter. Vanguard Group Inc. now owns 376,513 shares of the technology company’s stock worth $1,862,000 after buying an additional 8,850 shares during the period. Institutional investors own 22.60% of the company’s stock.

Key Stories Impacting WidePoint

Here are the key news stories impacting WidePoint this week:

• Positive Sentiment: WidePoint won a DHS CWMS 3.0 sole-award deal, which sparked a strong rerating of the stock and reinforced the company’s growth story. WidePoint (WYY) Is Up 49.0% After Winning DHS CWMS 3.0 Sole-Award Deal – Has The Bull Case Changed?
• Positive Sentiment: Litchfield Hills Research materially raised its earnings forecasts for WidePoint, including FY2027 EPS to $1.50 from $0.36, suggesting analysts see much stronger profitability ahead.
• Positive Sentiment: The same analyst also lifted quarterly estimates for Q1 through Q4 2027, pointing to improving momentum in the company’s future earnings power.
• Neutral Sentiment: Recent commentary from Seeking Alpha described WidePoint as having a “transformational government contract” and healthy expansion opportunities, which may be supporting investor optimism. WidePoint: Transformational Government Contract And Healthy Expansion Opportunities
• Negative Sentiment: Insider selling by COO Todd Dzyak, including a sale of 10,000 shares, could temper enthusiasm as some investors may view it as a cautionary signal. Insider Selling: WidePoint (NYSEAMERICAN:WYY) COO Sells 10,000 Shares
• Negative Sentiment: Earlier in the week, Litchfield Hills had cut near-term 2026 EPS estimates, indicating that the company still faces some short-term earnings pressure despite the improved longer-term outlook.

Analysts Set New Price Targets

A number of analysts have issued reports on WYY shares. HC Wainwright reaffirmed a “buy” rating and issued a $9.00 price objective on shares of WidePoint in a research note on Monday, March 30th. Zacks Research raised shares of WidePoint from a “strong sell” rating to a “hold” rating in a report on Thursday, May 28th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $8.67.

WidePoint Company Profile

WidePoint Corporation (NYSE American: WYY) is a provider of secure mobility management and identity management solutions. Headquartered in Reston, Virginia, the company delivers a range of managed services designed to help organizations control and secure their telecommunications and IT environments. Since its inception in the late 1990s, WidePoint has focused on helping businesses and government agencies optimize their mobile device portfolios and ensure regulatory compliance.

WidePoint’s core offerings include mobile device management, telecom expense management, and unified endpoint security.