Straight Path Communications Stock Price, News & Analysis (NYSEAMERICAN:STRP)

$183.43 +1.32 (+0.72 %)
(As of 02/23/2018 04:00 PM ET)
Previous Close$182.11
Today's Range$181.26 - $183.48
52-Week Range$26.89 - $235.88
Volume248,308 shs
Average Volume214,954 shs
Market Capitalization$2.33 billion
P/E Ratio-40.83
Dividend YieldN/A
Beta-1.92

About Straight Path Communications (NYSEAMERICAN:STRP)

Straight Path Communications logoStraight 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.

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Industry, Sector and Symbol

Industry Wireless Telecommunications Services
Sub-IndustryN/A
SectorTelecommunications Services
SymbolNYSEAMERICAN:STRP
CUSIPN/A
Phone+1-804-4331522

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio-40.8318385650224
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPS($4.46)
Net IncomeN/A
Net Margins-8,525.45%
Return on EquityN/A
Return on Assets-514.17%

Miscellaneous

EmployeesN/A
Outstanding Shares11,980,000

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) announced its quarterly earnings data on Thursday, June, 9th. The technology company reported ($0.15) EPS for the quarter, topping the consensus estimate of ($0.23) by $0.08. The technology company had revenue of $0.22 million for the quarter, compared to analyst estimates of $0.13 million. View Straight Path Communications' Earnings History.

When will Straight Path Communications make its next earnings announcement?

Straight Path Communications is scheduled to release their next quarterly earnings announcement on Thursday, March, 8th 2018. View Earnings Estimates for Straight Path Communications.

Are investors shorting Straight Path Communications?

Straight Path Communications saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 982,746 shares, a decrease of 18.9% from the January 12th total of 1,211,300 shares. Based on an average daily volume of 429,280 shares, the short-interest ratio is presently 2.3 days. Currently, 14.1% of the company's shares are short sold.

Who are some of Straight Path Communications' key competitors?

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 variety of of retail and institutional 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.

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 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.

Who bought Straight Path Communications stock? Who is buying Straight Path Communications stock?

Straight Path Communications' 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 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 $183.43.

How big of a company is Straight Path Communications?

Straight Path Communications has a market capitalization of $2.33 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)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  53 (Vote Outperform)
Underperform Votes:  70 (Vote Underperform)
Total Votes:  123
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.

Analyst Ratings

Straight Path Communications (NYSEAMERICAN:STRP) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Straight Path Communications (NYSEAMERICAN:STRP) Earnings History and Estimates Chart

Earnings by Quarter for Straight Path Communications (NYSEAMERICAN:STRP)

Straight Path Communications (NYSEAMERICAN STRP) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/8/2018N/AView Earnings Details
6/9/2017Q3 17($0.21)($0.49)$0.17 million$0.17 millionViewN/AView Earnings Details
3/10/2017Q2 2017($0.12)($0.27)$0.17 million$0.17 millionViewN/AView Earnings Details
12/12/2016Q117($0.11)($0.34)$0.14 million$0.16 millionViewN/AView Earnings Details
10/7/2016Q4 2016($0.15)($0.32)$0.23 million$0.12 millionViewN/AView Earnings Details
6/9/2016Q316($0.23)($0.15)$0.13 million$0.22 millionViewN/AView Earnings Details
3/11/2016Q216($0.07)($0.17)$1.70 million$0.11 millionViewListenView Earnings Details
12/10/2015Q116($0.04)($0.05)$4.80 million$1.70 millionViewListenView Earnings Details
10/15/2015Q415$0.01($0.02)$2.80 million$2.77 millionViewListenView Earnings Details
6/9/2015$0.01$0.07$2.70 million$2.87 millionViewN/AView Earnings Details
3/12/2015Q215$0.01($0.02)$2.70 million$2.80 millionViewN/AView Earnings Details
12/10/2014Q1 2015$0.06$4.82 millionViewN/AView Earnings Details
10/14/2014Q414$0.06$3.30 millionViewListenView Earnings Details
6/16/2014Q3 14$0.01$0.91 millionViewN/AView Earnings Details
3/17/2014Q2 2014($0.07)$0.45 millionViewN/AView Earnings Details
12/16/2013Q3($0.04)$0.13 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Straight Path Communications (NYSEAMERICAN:STRP) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Straight Path Communications (NYSEAMERICAN:STRP)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Straight Path Communications (NYSEAMERICAN STRP) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for Straight Path Communications (NYSEAMERICAN:STRP)
Insider Trades by Quarter for Straight Path Communications (NYSEAMERICAN:STRP)

Straight Path Communications (NYSEAMERICAN STRP) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/8/2018K Chris ToddDirectorSell7,700$181.76$1,399,552.00View SEC Filing  
12/28/2017Jonathan RandCFOSell5,000$181.99$909,950.00View SEC Filing  
12/27/2017Zhouyue PiInsiderSell5,277$182.07$960,783.39View SEC Filing  
12/21/2017Davidi JonasCEOSell131,337$181.41$23,825,845.17View SEC Filing  
12/14/2017Zhouyue PiInsiderSell9,723$182.02$1,769,780.46View SEC Filing  
10/23/2017Jonathan RandCFOSell300$181.58$54,474.00View SEC Filing  
10/19/2017David L BreauGeneral CounselSell3,994$181.47$724,791.18View SEC Filing  
10/19/2017Jonathan RandCFOSell4,513$181.51$819,154.63View SEC Filing  
10/18/2017Zhouyue PiInsiderSell16,978$181.43$3,080,318.54View SEC Filing  
10/17/2017Fred S ZeidmanDirectorSell15,000$181.43$2,721,450.00View SEC Filing  
10/13/2017Fred S ZeidmanDirectorSell3,000$181.47$544,410.00View SEC Filing  
7/27/2017Howard S JonasMajor ShareholderSell21,213$179.11$3,799,460.43View SEC Filing  
7/17/2017Howard S JonasMajor ShareholderSell145,579$179.32$26,105,226.2814,297View SEC Filing  
7/13/2017Howard S JonasMajor ShareholderSell55,597$179.67$9,989,112.9914,297View SEC Filing  
7/12/2017Jonathan RandCFOSell13,255$179.96$2,385,369.8093,922View SEC Filing  
7/5/2017Davidi JonasCEOSell30,000$179.60$5,388,000.00309,155View SEC Filing  
6/27/2017Jonathan RandCFOSell4,134$179.86$743,541.2497,685View SEC Filing  
6/22/2017David L. BreauGeneral CounselSell575$179.53$103,229.75View SEC Filing  
6/21/2017David L BreauGeneral CounselSell1,935$179.85$348,009.7529,097View SEC Filing  
6/19/2017Fred S. ZeidmanDirectorSell5,000$179.59$897,950.00View SEC Filing  
6/16/2017Howard S JonasMajor ShareholderSell84,523$179.51$15,172,723.7314,297View SEC Filing  
6/15/2017Howard S JonasMajor ShareholderSell18,217$179.76$3,274,687.92View SEC Filing  
6/14/2017Davidi JonasCEOSell9,395$179.94$1,690,536.30View SEC Filing  
6/13/2017K Chris ToddDirectorSell24,000$180.09$4,322,160.00View SEC Filing  
6/13/2017Zhouyue PiInsiderSell21,139$179.68$3,798,255.52102,500View SEC Filing  
4/10/2017Howard S JonasMajor ShareholderSell3,628$89.70$325,431.60View SEC Filing  
4/10/2017Zhouyue PiInsiderSell2,000$91.50$183,000.00View SEC Filing  
1/30/2017Lloyd I Miller IIIInsiderSell30,190$33.44$1,009,553.6089,649View SEC Filing  
1/13/2017Lloyd I. Miller IIIMajor ShareholderSell50,000$44.00$2,200,000.00View SEC Filing  
1/12/2017Zhouyue PiInsiderSell1,000$51.00$51,000.00View SEC Filing  
10/19/2016David L BreauGeneral CounselSell857$29.96$25,675.7230,357View SEC Filing  
10/14/2016William F. WeldDirectorSell2,000$30.90$61,800.00View SEC Filing  
5/9/2016Zhouyue PiCTOSell1,000$40.00$40,000.0080,663View SEC Filing  
3/30/2016William F WeldDirectorSell5,333$29.57$157,696.815,333View SEC Filing  
3/22/2016William F WeldDirectorSell667$32.02$21,357.347,333View SEC Filing  
3/17/2016Jonathan RandCFOSell2,133$31.99$68,234.6776,313View SEC Filing  
1/15/2016Lloyd I Miller IIIMajor ShareholderBuy52,200$12.63$659,286.0073,000View SEC Filing  
1/14/2016Lloyd I Miller IIIMajor ShareholderBuy219$12.90$2,825.1043,000View SEC Filing  
1/13/2016Lloyd I Miller IIIMajor ShareholderBuy18,781$13.19$247,721.3943,000View SEC Filing  
9/24/2015Davidi JonasCEOSell6,000$40.00$240,000.00308,255View SEC Filing  
9/10/2015Davidi JonasCEOSell9,000$33.33$299,970.00314,255View SEC Filing  
3/17/2015William F WeldDirectorSell8,000$20.15$161,200.00View SEC Filing  
6/26/2014William F WeldDirectorSell9,250$9.79$90,557.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Straight Path Communications (NYSEAMERICAN STRP) News Headlines

Source:
DateHeadline
Is Straight Path Communications Inc (NYSEMKT:STRP) Excessively Paying Its CEO?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 JanuaryStraight 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)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 JanuaryStraight 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 InvestorsWhat 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)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%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 StockInsider 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 2017Why 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 DecemberStraight 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 StockStraight 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) StockZhouyue 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, 2017Straight 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 StockStraight 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, 2017ETFs 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 StockInsider 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, 2017Straight 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, 2017Straight 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%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 FridayStraight Path Communications (STRP) to Release Earnings on Friday
www.americanbankingnews.com - November 30 at 8:32 PM
Why Verizons 5G Home Internet Service Isnt Coming to You Anytime SoonWhy 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 CEOs Total Compensation For Fiscal 2017 Was $6.4 Mln ‍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?Is Straight Path Communications Inc’s (STRP) CEO Salary Justified?
finance.yahoo.com - November 21 at 11:17 AM

SEC Filings

Straight Path Communications (NYSEAMERICAN:STRP) SEC Filings

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Financials

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Chart

Straight Path Communications (NYSEAMERICAN STRP) Stock Chart for Saturday, February, 24, 2018

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This page was last updated on 2/24/2018 by MarketBeat.com Staff

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