It Seems Energous Corp (WATT) Will Go Up. Have Another Big Increase

September 17, 2017 - By Louis Casey

Investors sentiment increased to 2.18 in Q4 2016. Its up 0.13, from 2.05 in 2016Q3. It improved, as 3 investors sold Energous Corp shares while 19 reduced holdings. 21 funds opened positions while 27 raised stakes. 5.71 million shares or 7.09% less from 6.14 million shares in 2016Q3 were reported.
One Trading Ltd Partnership reported 25,407 shares stake. Tiaa Cref Investment Management Lc invested 0% in Energous Corp (NASDAQ:WATT). Da Davidson And reported 100 shares or 0% of all its holdings. Leisure Capital reported 20,323 shares or 0.31% of all its holdings. Cambridge Inv Advsrs Incorporated holds 62,396 shares or 0.02% of its portfolio. Eam Invsts Limited Liability Corporation invested 0.27% of its portfolio in Energous Corp (NASDAQ:WATT). Credit Suisse Ag reported 0% of its portfolio in Energous Corp (NASDAQ:WATT). Morgan Stanley has invested 0% of its portfolio in Energous Corp (NASDAQ:WATT). Citadel Advisors Lc holds 0% of its portfolio in Energous Corp (NASDAQ:WATT) for 89,265 shares. Metropolitan Life Insurance New York has 0% invested in Energous Corp (NASDAQ:WATT). Hood River Mngmt Ltd Liability Com invested in 506,449 shares or 0.74% of the stock. 8,943 are owned by Barclays Public Ltd Company. Jpmorgan Chase has invested 0% in Energous Corp (NASDAQ:WATT). Kcg Holding holds 19,231 shares. Reilly Financial Advsrs, California-based fund reported 55 shares.

Since March 16, 2017, it had 0 buys, and 3 sales for $71,567 activity. Johnston Cesar also sold $587,486 worth of Energous Corp (NASDAQ:WATT) shares. Another trade for 945 shares valued at $14,975 was sold by Sereda Brian J.

The stock of Energous Corp (NASDAQ:WATT) is a huge mover today! The stock increased 6.03% or $0.66 on September 15, reaching $11.6. About 787,123 shares traded. Energous Corp (NASDAQ:WATT) has risen 57.63% since September 17, 2016 and is uptrending. It has outperformed by 40.93% the S&P500.
The move comes after 6 months positive chart setup for the $254.04M company. It was reported on Sep, 17 by Barchart.com. We have $11.95 PT which if reached, will make NASDAQ:WATT worth $7.62 million more.

Investors wait Energous Corp (NASDAQ:WATT) to report on November, 6. its quarterly earnings Wall Street analysts expect $-0.56 earnings per share, up $0.01 or 1.75 % from last year’s $-0.57 same quarter earnings. Energous Corp’s Wall Street analysts see -11.11 % EPS growth, taking into account the $-0.63 EPS reproted in the previous quarter,

Energous Corp (NASDAQ:WATT) Ratings Coverage

Among 3 analysts covering Energous Corp (NASDAQ:WATT), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Energous Corp had 7 analyst reports since August 14, 2015 according to SRatingsIntel. The company was maintained on Monday, September 21 by Oppenheimer. As per Monday, December 7, the company rating was initiated by Ladenburg Thalmann. Roth Capital maintained the shares of WATT in report on Monday, August 7 with “Buy” rating. Oppenheimer downgraded the stock to “Perform” rating in Tuesday, January 24 report. On Thursday, August 10 the stock rating was maintained by Oppenheimer with “Hold”. Oppenheimer maintained Energous Corp (NASDAQ:WATT) on Saturday, August 22 with “Outperform” rating. As per Friday, August 14, the company rating was upgraded by Zacks.

More recent Energous Corp (NASDAQ:WATT) news were published by: Schaeffersresearch.com which released: “Apple Event Helps Energous Short Sellers Win the Day” on September 13, 2017. Also Benzinga.com published the news titled: “What iPhone’s Wireless Charging Tech Means For Energous; CEO Says Company …” on September 14, 2017. Fool.com‘s news article titled: “Why Energous Corp. Shares Soared Today” with publication date: August 22, 2017 was also an interesting one.

Energous Corporation is engaged in developing a technology called WattUp that consists of semiconductor chipsets, software, hardware creates and antennas that can enable radio frequency wire-free charging for electronic devices, providing power at a distance and enabling charging with mobility under software control. The company has market cap of $254.04 million. The Company’s technology can be utilized in a range of devices, including wearables, Internet of Things (IoT) devices, smartphones, tablets, e-book readers, keyboards, mice, remote controls, rechargeable lights, cylindrical batteries and any other device with similar charging requirements that would otherwise need a battery or a connection to a power outlet. It currently has negative earnings. The Firm is engaged in developing a solution that charges electronic devices by surrounding them with a contained three-dimensional (3D) RF energy pocket (RF energy pocket).

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