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
Trailing P/E Ratio-41.1143497757848
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on EquityN/A
Return on Assets-514.17%
Straight Path Communications (NYSEAMERICAN:STRP) Frequently Asked Questions
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) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.23) by $0.08. The technology company earned $0.22 million during the quarter, compared to analysts' expectations of $0.13 million. View Straight Path Communications' Earnings History.
Are investors shorting Straight Path Communications?
Straight Path Communications saw a decrease in short interest in the month of February. As of February 15th, there was short interest totalling 941,389 shares, a decrease of 4.2% from the January 31st total of 982,746 shares. Based on an average daily volume of 99,304 shares, the days-to-cover ratio is currently 9.5 days. Approximately 12.8% of the shares of the company are sold short.
Who are some of Straight Path Communications' key competitors?
Some companies that are related to Straight Path Communications include Am�rica M�vil (AMOV), BT Group (BT.A), Level 3 Communications (LVLT), Neustar (NSR), Inmarsat (ISAT), 8X8 (EGHT), Talktalk Telecom Group (TALK), Ruckus Wireless (RKUS), Globalstar (GSAT), OI (OIBR), KCOM Group (KCOM), FairPoint Communications (FRP), Lumos Networks (LMOS), NTELOS (NTLS), Manx Telecom (MANX), Maintel (MAI), Eckoh (ECK) and AdEPT Telecom (ADT).
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)
Has Straight Path Communications been receiving favorable news coverage?
News articles about STRP stock have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Straight Path Communications earned a daily sentiment score of 0.08 on Accern's scale. They also assigned press coverage about the technology company an impact score of 45.45 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Straight Path Communications' major shareholders?
Straight Path Communications' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.86%), Pentwater Capital Management LP (2.75%), Water Island Capital LLC (2.62%), Alpine Associates Management Inc. (2.56%), Goldman Sachs Group Inc. (1.15%) and Bank of New York Mellon Corp (0.98%). 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.
Which institutional investors are selling Straight Path Communications stock?
STRP stock was sold by a variety of institutional investors in the last quarter, including Pentwater Capital Management LP, Wells Fargo & Company MN, Kahn Brothers Group Inc. DE, Metropolitan Life Insurance Co. NY, Boston Family Office LLC, TIAA CREF Investment Management LLC, Bank of New York Mellon Corp and Rhumbline Advisers. 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 and Zhouyue Pi. View Insider Buying and Selling for Straight Path Communications.
Which institutional investors are buying Straight Path Communications stock?
STRP stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Manikay Partners LLC, Water Island Capital LLC, Alpine Associates Management Inc., Koch Industries Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, GABELLI & Co INVESTMENT ADVISERS INC. and Deutsche Bank AG. View Insider Buying and Selling for Straight Path Communications.
How do I buy shares of Straight Path Communications?
Shares of STRP 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.
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.
Straight Path Communications (NYSEAMERICAN:STRP) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Straight Path Communications (NYSEAMERICAN:STRP) Earnings History and Estimates Chart
Straight Path Communications (NYSEAMERICAN STRP) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|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|
|3/10/2017||Q2 2017||($0.12)||($0.27)||$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|
|10/7/2016||Q4 2016||($0.15)||($0.32)||$0.23 million||$0.12 million||View||N/A|
|6/9/2016||Q316||($0.23)||($0.15)||$0.13 million||$0.22 million||View||N/A|
|3/11/2016||Q216||($0.07)||($0.17)||$1.70 million||$0.11 million||View||Listen|
|12/10/2015||Q116||($0.04)||($0.05)||$4.80 million||$1.70 million||View||Listen|
|10/15/2015||Q415||$0.01||($0.02)||$2.80 million||$2.77 million||View||Listen|
|6/9/2015||$0.01||$0.07||$2.70 million||$2.87 million||View||N/A|
|3/12/2015||Q215||$0.01||($0.02)||$2.70 million||$2.80 million||View||N/A|
|12/10/2014||Q1 2015||$0.06||$4.82 million||View||N/A|
|6/16/2014||Q3 14||$0.01||$0.91 million||View||N/A|
|3/17/2014||Q2 2014||($0.07)||$0.45 million||View||N/A|
Straight Path Communications (NYSEAMERICAN:STRP) Earnings Estimates
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
Straight Path Communications (NYSEAMERICAN STRP) Insider Trading and Institutional Ownership History
Straight Path Communications (NYSEAMERICAN STRP) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|1/8/2018||K Chris Todd||Director||Sell||7,700||$181.76||$1,399,552.00|| |
|12/28/2017||Jonathan Rand||CFO||Sell||5,000||$181.99||$909,950.00|| |
|12/27/2017||Zhouyue Pi||Insider||Sell||5,277||$182.07||$960,783.39|| |
|12/21/2017||Davidi Jonas||CEO||Sell||131,337||$181.41||$23,825,845.17|| |
|12/14/2017||Zhouyue Pi||Insider||Sell||9,723||$182.02||$1,769,780.46|| |
|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||14,297|| |
|7/13/2017||Howard S Jonas||Major Shareholder||Sell||55,597||$179.67||$9,989,112.99||14,297|| |
|7/12/2017||Jonathan Rand||CFO||Sell||13,255||$179.96||$2,385,369.80||93,922|| |
|7/5/2017||Davidi Jonas||CEO||Sell||30,000||$179.60||$5,388,000.00||309,155|| |
|6/27/2017||Jonathan Rand||CFO||Sell||4,134||$179.86||$743,541.24||97,685|| |
|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||29,097|| |
|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||14,297|| |
|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||102,500|| |
|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||89,649|| |
|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||30,357|| |
|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||80,663|| |
|3/30/2016||William F Weld||Director||Sell||5,333||$29.57||$157,696.81||5,333|| |
|3/22/2016||William F Weld||Director||Sell||667||$32.02||$21,357.34||7,333|| |
|3/17/2016||Jonathan Rand||CFO||Sell||2,133||$31.99||$68,234.67||76,313|| |
|1/15/2016||Lloyd I Miller III||Major Shareholder||Buy||52,200||$12.63||$659,286.00||73,000|| |
|1/14/2016||Lloyd I Miller III||Major Shareholder||Buy||219||$12.90||$2,825.10||43,000|| |
|1/13/2016||Lloyd I Miller III||Major Shareholder||Buy||18,781||$13.19||$247,721.39||43,000|| |
|9/24/2015||Davidi Jonas||CEO||Sell||6,000||$40.00||$240,000.00||308,255|| |
|9/10/2015||Davidi Jonas||CEO||Sell||9,000||$33.33||$299,970.00||314,255|| |
|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|| |
Straight Path Communications (NYSEAMERICAN STRP) News Headlines
|Verizon Gets Straight Path as Companies Pay $614 Million Penalty|
finance.yahoo.com - March 1 at 9:51 AM
|These Stocks Turned $8,000 Into $40,000 in Just 1 Year|
finance.yahoo.com - March 1 at 9:51 AM
|Straight Path Communications (STRP) Set to Announce Quarterly Earnings on Thursday|
www.americanbankingnews.com - March 1 at 1:30 AM
|Verizon, Straight Path pay $614 mln civil penalty to U.S. FCC -statement|
finance.yahoo.com - February 28 at 4:21 PM
|Straight Path Communications Announces Completion of Merger with Verizon|
finance.yahoo.com - February 28 at 10:09 AM
|Short Interest in Straight Path Communications Inc (STRP) Decreases By 4.2%|
www.americanbankingnews.com - February 28 at 1:32 AM
|Straight Path Communications Inc (STRP) Stake Boosted by Harvest Management LLC|
www.americanbankingnews.com - February 27 at 9:34 AM
|Is Straight Path Communications Inc (NYSEMKT:STRP) Excessively Paying Its CEO?|
finance.yahoo.com - February 21 at 10:42 AM
|Straight Path Communications Inc (STRP) Short Interest Down 18.9% in January|
www.americanbankingnews.com - February 9 at 6:36 PM
|Straight Path Communications Sees Unusually High Options Volume (STRP)|
www.americanbankingnews.com - February 1 at 1:20 AM
|Straight Path Communications Inc (STRP) Short Interest Up 4.9% in January|
www.americanbankingnews.com - January 25 at 1:32 AM
|What You Must Know About Straight Path Communications Inc’s (NYSEMKT:STRP) Major Investors|
finance.yahoo.com - January 22 at 5:03 PM
|Straight Path Communications Target of Unusually Large Options Trading (STRP)|
www.americanbankingnews.com - January 22 at 1:58 AM
|Short Interest in Straight Path Communications Inc (STRP) Drops By 3.1%|
www.americanbankingnews.com - January 11 at 1:22 AM
|Insider Selling: Straight Path Communications Inc (STRP) Director Sells 7,700 Shares of Stock|
www.americanbankingnews.com - January 9 at 3:32 PM
|Why Straight Path Communications Inc. Stock Jumped 436.1% in 2017|
www.fool.com - January 6 at 12:53 PM
|Straight Path Communications Inc (STRP) Short Interest Up 3.9% in December|
www.americanbankingnews.com - December 29 at 1:28 AM
|Straight Path Communications Inc (STRP) CFO Sells $909,950.00 in Stock|
www.americanbankingnews.com - December 28 at 6:32 PM
|Zhouyue Pi Sells 5,277 Shares of Straight Path Communications Inc (STRP) Stock|
www.americanbankingnews.com - December 28 at 3:42 PM
|Straight Path Communications, Inc. :STRP-US: Earnings Analysis: Q1, 2018 By the Numbers : December 22, 2017|
finance.yahoo.com - December 22 at 11:01 AM
|Straight Path Communications Inc (STRP) CEO Sells $23,825,845.17 in Stock|
www.americanbankingnews.com - December 21 at 8:26 PM
|ETFs with exposure to Straight Path Communications, Inc. : December 19, 2017|
finance.yahoo.com - December 19 at 3:54 PM
|Insider Selling: Straight Path Communications Inc (STRP) Insider Sells 9,723 Shares of Stock|
www.americanbankingnews.com - December 18 at 5:24 PM
|Straight Path Communications, Inc. breached its 50 day moving average in a Bearish Manner : STRP-US : December 18, 2017|
finance.yahoo.com - December 18 at 11:15 AM
|Straight Path Communications, Inc. – Value Analysis (NYSE AMERICAN:STRP) : December 12, 2017|
finance.yahoo.com - December 12 at 4:02 PM
|Short Interest in Straight Path Communications Inc (STRP) Increases By 4.3%|
www.americanbankingnews.com - December 11 at 7:58 PM
|Straight Path Communications (STRP) to Release Earnings on Friday|
www.americanbankingnews.com - November 30 at 8:32 PM
|Why Verizon's 5G Home Internet Service Isn't Coming to You Anytime Soon|
fortune.com - November 30 at 3:55 PM
|BRIEF-Straight Path Communications CEO's Total Compensation For Fiscal 2017 Was $6.4 Mln |
www.reuters.com - November 28 at 4:06 PM
|Is Straight Path Communications Inc’s (STRP) CEO Salary Justified?|
finance.yahoo.com - November 21 at 11:17 AM
Straight Path Communications (NYSEAMERICAN:STRP) SEC Filings
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Straight Path Communications (NYSEAMERICAN STRP) Stock Chart for Thursday, March, 22, 2018