Are Analysts Bearish PCTEL, Inc. (NASDAQ:PCTI) After Last Week?

March 14, 2018 - By Adrian Erickson

 Are Analysts Bearish PCTEL, Inc. (NASDAQ:PCTI) After Last Week?
Investors sentiment increased to 1.44 in 2017 Q3. Its up 0.44, from 1 in 2017Q2. It is positive, as 6 investors sold PCTEL, Inc. shares while 12 reduced holdings. 10 funds opened positions while 16 raised stakes. 12.83 million shares or 2.72% more from 12.49 million shares in 2017Q2 were reported.
Jacobs Levy Equity has invested 0% in PCTEL, Inc. (NASDAQ:PCTI). Arrowstreet Cap Limited Partnership has 0% invested in PCTEL, Inc. (NASDAQ:PCTI). Invesco reported 91,140 shares stake. Citadel Advsr Ltd Limited Liability Company has 16,101 shares. Ariel Investments Lc holds 0.18% of its portfolio in PCTEL, Inc. (NASDAQ:PCTI) for 2.48M shares. California Pub Employees Retirement Systems reported 0% stake. Macquarie Limited accumulated 67,593 shares. Barclays Public Limited Company holds 0% or 97 shares in its portfolio. Wells Fargo & Company Mn accumulated 27,464 shares. Price T Rowe Associate Md accumulated 0% or 29,800 shares. Grp One Trading L P has 100 shares for 0% of their portfolio. State Common Retirement Fund invested 0% of its portfolio in PCTEL, Inc. (NASDAQ:PCTI). Rand Wealth Limited Liability Corp stated it has 25,839 shares. 413,670 are owned by Northern Tru. Dimensional Fund L P has invested 0% of its portfolio in PCTEL, Inc. (NASDAQ:PCTI).

PCTEL, Inc. (NASDAQ:PCTI) Ratings Coverage

Among 2 analysts covering PC-TEL (NASDAQ:PCTI), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. PC-TEL had 9 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, May 6 by Wunderlich. The firm has “Hold” rating given on Friday, August 7 by Zacks. On Wednesday, August 5 the stock rating was maintained by Wunderlich with “Buy”. As per Wednesday, November 4, the company rating was maintained by Wunderlich. The rating was maintained by Wunderlich with “Buy” on Thursday, April 13. The rating was maintained by FBR Capital on Monday, March 12 with “Buy”. Below is a list of PCTEL, Inc. (NASDAQ:PCTI) latest ratings and price target changes.

12/03/2018 Broker: FBR Capital Rating: Buy New Target: $8.5 Maintain
06/11/2017 Broker: FBR Capital Rating: Buy New Target: $8.5

The stock decreased 0.74% or $0.05 during the last trading session, reaching $6.72. About 11,514 shares traded. PCTEL, Inc. (NASDAQ:PCTI) has risen 43.82% since March 14, 2017 and is uptrending. It has outperformed by 27.12% the S&P500.

PCTEL, Inc., together with its subsidiaries, delivers performance critical telecom solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company has market cap of $113.26 million. The firm operates in two divisions, Connected Solutions and RF Solutions. It currently has negative earnings. The Connected Solutions segment creates and delivers precision antennas, which are used primarily in small cells, enterprise Wi-Fi access points, fleet management and transit systems, and in equipment and devices for the Industrial Internet of Things.

More notable recent PCTEL, Inc. (NASDAQ:PCTI) news were published by: which released: “PCTEL Divests its Network Engineering Services to Gabe’s Construction Company …” on August 01, 2017, also with their article: “PCTEL Schedules Fourth Quarter 2017 Earnings Release” published on February 23, 2018, published: “PCTEL Announces NB-IoT Testing on IBflex┬« Scanning Receiver” on December 04, 2017. More interesting news about PCTEL, Inc. (NASDAQ:PCTI) were released by: and their article: “PCTEL Declares Regular Quarterly Dividend” published on October 27, 2017 as well as‘s news article titled: “PCTEL Unveils Reference Design for 802.11ax Wi-Fi Antenna Systems” with publication date: January 09, 2018.

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