About Straight Path Communications (NYSEAMERICAN:STRP)
Straight Path Communications Inc. is a communications asset company. The Company owns Straight Path Spectrum, Inc. (Straight Path Spectrum), Straight Path Ventures, LLC (Straight Path Ventures), and Straight Path IP Group, Inc. (Straight Path IP Group). The Company's segments include Straight Path Spectrum, Straight Path Ventures and Straight Path IP Group. The Company holds a range of licenses for fixed and mobile wireless spectrum in the United States. These include licenses in the 39 gigahertz (38.6-40 gigahertz) band and the 28 gigahertz (27.5-28.35 gigahertz) portion of the local multipoint distribution service (LMDS) band. The Company also holds licenses for fixed wireless spectrum in other parts of the LMDS band. Straight Path Ventures is engaged in developing wireless technology. The Straight Path IP Group's principal business is the acquisition, development, licensing and protection of intellectual property.
Industry, Sector and Symbol
Industry Wireless Telecommunications Services
SymbolNYSEAMERICAN:STRPPrevious Symbol: NYSEMKT:STRP
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on EquityN/A
Return on Assets-230.63%
Frequently Asked Questions for Straight Path Communications (NYSEAMERICAN:STRP)
What is Straight Path Communications' stock symbol?
Straight Path Communications trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "STRP."
How were Straight Path Communications' earnings last quarter?
Straight Path Communications Inc (NYSEAMERICAN:STRP) released its quarterly earnings results on Thursday, June, 9th. The technology company reported ($0.15) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.23) by $0.08. The technology company had revenue of $0.22 million for the quarter, compared to the consensus estimate of $0.13 million. View Straight Path Communications' Earnings History.
Are investors shorting Straight Path Communications?
Straight Path Communications saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,094,579 shares, an increase of 2.4% from the October 13th total of 1,068,535 shares. Based on an average daily trading volume, of 78,611 shares, the days-to-cover ratio is presently 13.9 days. Approximately 16.1% of the shares of the stock are short sold.
Who are some of Straight Path Communications' key competitors?
Some companies that are related to Straight Path Communications include United States Cellular Corporation (USM), Telephone and Data Systems (TDS), Ruckus Wireless (RKUS), Cellcom Israel (CEL), Gogo (GOGO), CalAmp Corp. (CAMP), ORBCOMM (ORBC), Intelsat S.A. (I), pdvWireless (PDVW), Meru Networks (MERU), Filtronic Plc (FTC), Superconductor Technologies (SCON) and RR Media Ltd (RRM).
Who are Straight Path Communications' key executives?
Straight Path Communications' management team includes the folowing people:
- Davidi Jonas, Chairman of the Board, President, Chief Executive Officer (Age 30)
- Jonathan Rand, Chief Financial Officer (Age 54)
- Zhouyue Pi, Chief Technology Officer (Age 29)
- David L. Breau, General Counsel (Age 41)
- K. Chris Todd, Independent Director (Age 71)
- William F. Weld, Independent Director (Age 71)
- Fred S. Zeidman, Independent Director (Age 70)
Who owns Straight Path Communications stock?
Straight Path Communications' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Alpine Associates Management Inc. (2.19%), Cowen Inc. (1.54%), California State Teachers Retirement System (0.13%), Jane Street Group LLC (0.02%) and GSA Capital Partners LLP (0.01%). Company insiders that own Straight Path Communications stock include David L Breau, Davidi Jonas, Fred S Zeidman, Howard S Jonas, Jonathan Rand, K Chris Todd, Lloyd I Miller III, William F Weld and Zhouyue Pi. View Institutional Ownership Trends for Straight Path Communications.
Who sold Straight Path Communications stock? Who is selling Straight Path Communications stock?
Straight Path Communications' stock was sold by a variety of institutional investors in the last quarter, including Jane Street Group LLC. Company insiders that have sold Straight Path Communications company stock in the last year include David L Breau, Davidi Jonas, Fred S Zeidman, Howard S Jonas, Jonathan Rand, K Chris Todd, Lloyd I Miller III and Zhouyue Pi. View Insider Buying and Selling for Straight Path Communications.
Who bought Straight Path Communications stock? Who is buying Straight Path Communications stock?
How do I buy Straight Path Communications stock?
Shares of Straight Path Communications can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Straight Path Communications' stock price today?
One share of Straight Path Communications stock can currently be purchased for approximately $182.46.
How big of a company is Straight Path Communications?
Straight Path Communications has a market capitalization of $2.31 billion.
How can I contact Straight Path Communications?
Straight Path Communications' mailing address is 5300 Hickory Park Dr Ste 218, GLEN ALLEN, VA 23059-2629, United States. The technology company can be reached via phone at +1-804-4331522.
MarketBeat Community Rating for Straight Path Communications (STRP)MarketBeat's community ratings are surveys of what our community members think about Straight Path Communications and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Straight Path Communications (NYSEAMERICAN:STRP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Straight Path Communications (NYSEAMERICAN:STRP)
Analysts' Ratings History for Straight Path Communications (NYSEAMERICAN:STRP)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History and Estimates Chart for Straight Path Communications (NYSEAMERICAN:STRP)
Earnings History by Quarter for Straight Path Communications (NYSEAMERICAN STRP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|6/9/2017||Q3 17||($0.21)||($0.49)||$0.17 million||$0.17 million||View||N/A|
|12/12/2016||Q117||($0.11)||($0.34)||$0.14 million||$0.16 million||View||N/A|
|6/9/2016||Q316||($0.23)||($0.15)||$0.13 million||$0.22 million||View||N/A|
|12/10/2015||Q116||($0.04)||($0.05)||$4.80 million||$1.70 million||View||Listen|
|3/12/2015||Q215||$0.01||($0.02)||$2.70 million||$2.80 million||View||N/A|
Earnings Estimates for Straight Path Communications (NYSEAMERICAN:STRP)
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History for Straight Path Communications (NYSEAMERICAN:STRP)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Straight Path Communications (NYSEAMERICAN STRP)
Insider Trades by Quarter for Straight Path Communications (NYSEAMERICAN STRP)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/23/2017||Jonathan Rand||CFO||Sell||300||$181.58||$54,474.00|| |
|10/19/2017||David L Breau||General Counsel||Sell||3,994||$181.47||$724,791.18|| |
|10/19/2017||Jonathan Rand||CFO||Sell||4,513||$181.51||$819,154.63|| |
|10/18/2017||Zhouyue Pi||Insider||Sell||16,978||$181.43||$3,080,318.54|| |
|10/17/2017||Fred S Zeidman||Director||Sell||15,000||$181.43||$2,721,450.00|| |
|10/13/2017||Fred S Zeidman||Director||Sell||3,000||$181.47||$544,410.00|| |
|7/27/2017||Howard S Jonas||Major Shareholder||Sell||21,213||$179.11||$3,799,460.43|| |
|7/17/2017||Howard S Jonas||Major Shareholder||Sell||145,579||$179.32||$26,105,226.28|| |
|7/13/2017||Howard S Jonas||Major Shareholder||Sell||55,597||$179.67||$9,989,112.99|| |
|7/12/2017||Jonathan Rand||CFO||Sell||13,255||$179.96||$2,385,369.80|| |
|7/5/2017||Davidi Jonas||CEO||Sell||30,000||$179.60||$5,388,000.00|| |
|6/27/2017||Jonathan Rand||CFO||Sell||4,134||$179.86||$743,541.24|| |
|6/22/2017||David L. Breau||General Counsel||Sell||575||$179.53||$103,229.75|| |
|6/21/2017||David L Breau||General Counsel||Sell||1,935||$179.85||$348,009.75|| |
|6/19/2017||Fred S. Zeidman||Director||Sell||5,000||$179.59||$897,950.00|| |
|6/16/2017||Howard S Jonas||Major Shareholder||Sell||84,523||$179.51||$15,172,723.73|| |
|6/15/2017||Howard S Jonas||Major Shareholder||Sell||18,217||$179.76||$3,274,687.92|| |
|6/14/2017||Davidi Jonas||CEO||Sell||9,395||$179.94||$1,690,536.30|| |
|6/13/2017||K Chris Todd||Director||Sell||24,000||$180.09||$4,322,160.00|| |
|6/13/2017||Zhouyue Pi||Insider||Sell||21,139||$179.68||$3,798,255.52|| |
|4/10/2017||Howard S Jonas||Major Shareholder||Sell||3,628||$89.70||$325,431.60|| |
|4/10/2017||Zhouyue Pi||Insider||Sell||2,000||$91.50||$183,000.00|| |
|1/30/2017||Lloyd I Miller III||Insider||Sell||30,190||$33.44||$1,009,553.60|| |
|1/13/2017||Lloyd I. Miller III||Major Shareholder||Sell||50,000||$44.00||$2,200,000.00|| |
|1/12/2017||Zhouyue Pi||Insider||Sell||1,000||$51.00||$51,000.00|| |
|10/19/2016||David L Breau||General Counsel||Sell||857||$29.96||$25,675.72|| |
|10/14/2016||William F. Weld||Director||Sell||2,000||$30.90||$61,800.00|| |
|5/9/2016||Zhouyue Pi||CTO||Sell||1,000||$40.00||$40,000.00|| |
|3/30/2016||William F Weld||Director||Sell||5,333||$29.57||$157,696.81|| |
|3/22/2016||William F Weld||Director||Sell||667||$32.02||$21,357.34|| |
|3/17/2016||Jonathan Rand||CFO||Sell||2,133||$31.99||$68,234.67|| |
|1/15/2016||Lloyd I Miller III||Major Shareholder||Buy||52,200||$12.63||$659,286.00|| |
|1/14/2016||Lloyd I Miller III||Major Shareholder||Buy||219||$12.90||$2,825.10|| |
|1/13/2016||Lloyd I Miller III||Major Shareholder||Buy||18,781||$13.19||$247,721.39|| |
|9/24/2015||Davidi Jonas||CEO||Sell||6,000||$40.00||$240,000.00|| |
|9/10/2015||Davidi Jonas||CEO||Sell||9,000||$33.33||$299,970.00|| |
|3/17/2015||William F Weld||Director||Sell||8,000||$20.15||$161,200.00|| |
|6/26/2014||William F Weld||Director||Sell||9,250||$9.79||$90,557.50|| |
Latest Headlines for Straight Path Communications (NYSEAMERICAN STRP)
Straight Path Communications (NYSEAMERICAN STRP) Chart for Thursday, November, 23, 2017