Equities researchers at StockNews.com assumed coverage on shares of Sequans Communications (NYSE:SQNS – Get Free Report) in a research note issued on Monday. The brokerage set a “sell” rating on the semiconductor company’s stock.
Separately, Roth Mkm restated a “buy” rating and set a $3.00 target price on shares of Sequans Communications in a research report on Monday, August 26th.
View Our Latest Report on SQNS
Sequans Communications Trading Up 0.9 %
Institutional Investors Weigh In On Sequans Communications
A number of institutional investors and hedge funds have recently made changes to their positions in SQNS. Bardin Hill Management Partners LP bought a new position in Sequans Communications in the fourth quarter valued at $2,497,000. Vazirani Asset Management LLC purchased a new stake in shares of Sequans Communications during the fourth quarter worth about $1,840,000. Finally, Black Maple Capital Management LP purchased a new stake in shares of Sequans Communications during the fourth quarter worth about $43,000. Hedge funds and other institutional investors own 63.33% of the company’s stock.
About Sequans Communications
Sequans Communications SA engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband Internet of Things (IoT) markets in Taiwan, Korea, China, rest of Asia, Germany, the United States, and internationally. It offers baseband solutions for use in encoding and decoding data based on 4G and 5G protocols for wireless processing platform for a cellular device; RF transceivers used to transmit and receive wireless transmissions; highly integrated SoC solutions that combine various functions into a single die or package; and LTE modules.
See Also
- Five stocks we like better than Sequans Communications
- How to Use the MarketBeat Excel Dividend Calculator
- Simon Property REIT: A Safe Bet for Growth and Steady Dividends
- Quiet Period Expirations Explained
- CarMax’s Impressive Rally: What Investors Should Watch Next
- What is a Dividend King?
- MarketBeat Week in Review – 9/23 – 9/27
Receive News & Ratings for Sequans Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sequans Communications and related companies with MarketBeat.com's FREE daily email newsletter.