Airspan Networks (NYSE:MIMO) Worth Goal Reduce to $5.00 by Analysts at Barrington Analysis

Airspan Networks (NYSE:MIMO – Get Score) had its goal worth diminished by Barrington Analysis from $6.00 to $5.00 in a report issued on Thursday, The Fly experiences. The brokerage presently has an “outperform” score on the inventory. Barrington Analysis’s goal worth factors to a possible upside of 53.85% from the corporate’s earlier shut.

Individually, Northland Securities lower their goal worth on Airspan Networks from $10.00 to $5.00 in a analysis word on Wednesday, April thirteenth.

Airspan Networks Buying and selling Up 0.9%

Shares of MIMO inventory opened at $3.25 on Thursday. The inventory has a market cap of $235.09 million, a P/E ratio of -2.36 and a beta of 0.26. The inventory has a 50 day easy transferring common of $3.02 and a 200 day easy transferring common of $3.16. Airspan Networks has a 1 yr low of $2.15 and a 1 yr excessive of $14.41.

Airspan Networks (NYSE:MIMO – Get Score) final launched its earnings outcomes on Tuesday, Could tenth. The corporate reported ($0.41) earnings per share for the quarter, lacking the consensus estimate of ($0.24) by ($0.17). The enterprise had income of $37.56 million throughout the quarter, in comparison with analysts’ expectations of $38.10 million. Analysts forecast that Airspan Networks will put up -1.54 EPS for the present yr.

Insider Transactions at Airspan Networks

In associated information, Director Bandel L. Carano acquired 33,000 shares of the agency’s inventory in a transaction that occurred on Monday, Could sixteenth. The inventory was acquired at a mean value of $2.66 per share, for a complete transaction of $87,780.00. Following the completion of the acquisition, the director now straight owns 83,173 shares of the corporate’s inventory, valued at roughly $221,240.18. The acquisition was disclosed in a submitting with the Securities & Alternate Fee, which is accessible at this hyperlink. Firm insiders personal 47.30% of the corporate’s inventory.

Institutional Buying and selling of Airspan Networks

Numerous institutional buyers have not too long ago purchased and bought shares of MIMO. State Avenue Corp boosted its place in Airspan Networks by 323.3% throughout the first quarter. State Avenue Corp now owns 57,140 shares of the corporate’s inventory valued at $166,000 after buying a further 43,640 shares over the past quarter. Charles Schwab Funding Administration Inc. purchased a brand new place in shares of Airspan Networks throughout the 1st quarter price about $49,000. Northern Belief Corp boosted its place in shares of Airspan Networks by 13.4% throughout the 1st quarter. Northern Belief Corp now owns 53,929 shares of the corporate’s inventory price $157,000 after buying a further 6,369 shares within the final quarter. Lastly, Wolverine Asset Administration LLC lifted its place in Airspan Networks by 214.7% within the 4th quarter. Wolverine Asset Administration LLC now owns 9,261 shares of the corporate’s inventory valued at $35,000 after buying a further 6,318 shares within the final quarter. Institutional buyers personal 68.46% of the corporate’s inventory.

Airspan Networks Firm Profile

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Airspan Networks Holdings Inc designs and produces wi-fi community gear for 4G and 5G networks for mainstream public telecommunications service suppliers and personal community implementations. It provides a spread of 4G and 5G community construct and community densification merchandise with a portfolio of software program and {hardware} instruments for indoor and outside, compact femto, pico, micro, and macro base stations, in addition to fastened wi-fi entry and backhaul options portfolio for point-to-point and point-to-multipoint purposes.

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