WidePoint FY2026 EPS Decreased by Litchfield Hills Research

WidePoint Corporation (NYSEAMERICAN:WYY) – Equities research analysts at Litchfield Hills Research cut their FY2026 earnings per share estimates for shares of WidePoint in a report released on Friday, August 15th. Litchfield Hills Research analyst B. Sine now anticipates that the technology company will earn $0.08 per share for the year, down from their prior estimate of $0.13. The consensus estimate for WidePoint’s current full-year earnings is ($0.26) per share.

Several other equities analysts have also issued reports on WYY. Wall Street Zen assumed coverage on WidePoint in a report on Tuesday, May 20th. They issued a “hold” rating for the company. HC Wainwright reaffirmed a “buy” rating and issued a $7.00 target price on shares of WidePoint in a report on Monday.

WidePoint Stock Up 8.6%

Shares of WidePoint stock opened at $3.90 on Monday. The company has a market cap of $38.14 million, a PE ratio of -17.73 and a beta of 1.62. WidePoint has a 52 week low of $2.19 and a 52 week high of $6.25. The business has a 50 day moving average price of $3.24 and a 200-day moving average price of $3.55.

Insiders Place Their Bets

In other news, CFO Robert J. George sold 8,000 shares of WidePoint stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $3.21, for a total value of $25,680.00. Following the transaction, the chief financial officer owned 72,452 shares in the company, valued at approximately $232,570.92. The trade was a 9.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 10,000 shares of company stock worth $32,380 in the last quarter. Company insiders own 15.50% of the company’s stock.

Institutional Trading of WidePoint

Several large investors have recently modified their holdings of the business. XTX Topco Ltd bought a new stake in WidePoint during the 2nd quarter valued at approximately $58,000. Cassaday & Co Wealth Management LLC bought a new stake in WidePoint during the 2nd quarter valued at approximately $60,000. Jane Street Group LLC bought a new stake in WidePoint during the 4th quarter valued at approximately $101,000. NewEdge Advisors LLC bought a new stake in WidePoint during the 2nd quarter valued at approximately $74,000. Finally, Truvestments Capital LLC boosted its position in WidePoint by 7.6% during the 1st quarter. Truvestments Capital LLC now owns 41,389 shares of the technology company’s stock valued at $138,000 after acquiring an additional 2,916 shares in the last quarter. 22.60% of the stock is owned by institutional investors.

About WidePoint

WidePoint Corporation provides technology management as a service (TMaaS) to the government and business enterprises in North America and Europe. It offers TMaaS solutions through a secure federal government certified proprietary portal and secure enterprise portal that provides ability to manage, analyze, and protect communications assets, as well as deploys identity management solutions that provides secured virtual and physical access to restricted environments.