PC Tel Inc (NASDAQ:PCTI) Shifting Institutional Investors Sentiment

June 17, 2018 - By Stephen Andrade

PCTEL, Inc. (NASDAQ:PCTI) Logo

Sentiment for PC Tel Inc (NASDAQ:PCTI)

PC Tel Inc (NASDAQ:PCTI) institutional sentiment decreased to 1.05 in 2018 Q1. Its down -0.25, from 1.3 in 2017Q4. The ratio fall, as 21 active investment managers opened new and increased stock positions, while 20 sold and reduced stock positions in PC Tel Inc. The active investment managers in our partner’s database now own: 13.23 million shares, down from 13.23 million shares in 2017Q4. Also, the number of active investment managers holding PC Tel Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 17 Increased: 14 New Position: 7.

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 $112.11 million. The firm operates in two divisions, Connected Solutions and RF Solutions. It has a 36.07 P/E ratio. 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.

The stock increased 0.16% or $0.01 during the last trading session, reaching $6.42. About 53,625 shares traded or 75.02% up from the average. PCTEL, Inc. (NASDAQ:PCTI) has risen 7.17% since June 17, 2017 and is uptrending. It has underperformed by 5.40% the S&P500.

Analysts await PCTEL, Inc. (NASDAQ:PCTI) to report earnings on August, 14. PCTI’s profit will be $174,632 for 160.50 P/E if the $0.01 EPS becomes a reality. After $-0.03 actual EPS reported by PCTEL, Inc. for the previous quarter, Wall Street now forecasts -133.33 % EPS growth.

Perritt Capital Management Inc holds 0.95% of its portfolio in PCTEL, Inc. for 461,525 shares. Penbrook Management Llc owns 70,385 shares or 0.5% of their US portfolio. Moreover, Awm Investment Company Inc. has 0.38% invested in the company for 274,399 shares. The Illinois-based Ariel Investments Llc has invested 0.18% in the stock. North Star Investment Management Corp., a Illinois-based fund reported 133,079 shares.

Since January 1, 0001, it had 2 buys, and 0 insider sales for $13,893 activity.

Another recent and important PCTEL, Inc. (NASDAQ:PCTI) news was published by Businesswire.com which published an article titled: “PCTEL Announces LTE-LAA Testing on IBflex® Scanning Receivers” on June 12, 2018.

PCTEL, Inc. (NASDAQ:PCTI) Institutional Positions Chart

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