$-0.27 EPS Expected for Straight Path Communications Inc (STRP)

September 10, 2017 – By Winifred Garcia

 $ 0.27 EPS Expected for Straight Path Communications Inc (STRP)
Investors sentiment increased to 0.93 in Q4 2016. Its up 0.28, from 0.65 in 2016Q3. It increased, as 7 investors sold Straight Path Communications Inc shares while 22 reduced holdings. 10 funds opened positions while 17 raised stakes. 4.78 million shares or 20.33% more from 3.97 million shares in 2016Q3 were reported.
5,990 were reported by Nationwide Fund Advisors. Royal Bancshares Of Canada owns 0% invested in Straight Path Communications Inc (NYSEMKT:STRP) for 687 shares. Dimensional Fund Advisors Ltd Partnership holds 0% or 98,214 shares. Barclays Public Limited Company has invested 0% in Straight Path Communications Inc (NYSEMKT:STRP). Gmt Capital invested 0.02% in Straight Path Communications Inc (NYSEMKT:STRP). Bridgeway Capital Mngmt holds 12,393 shares or 0.01% of its portfolio. Vanguard Grp Inc Incorporated has 0% invested in Straight Path Communications Inc (NYSEMKT:STRP). Kahn Brothers Group Inc Inc De invested in 213,356 shares or 0% of the stock. Gilder Gagnon Howe Limited Liability Com holds 0.41% or 614,662 shares in its portfolio. Blackrock Ltd holds 3,821 shares. Archer Capital Mngmt Ltd Partnership reported 616,044 shares. New York State Common Retirement Fund reported 9,500 shares. Creative Planning holds 66 shares. Gabelli Funds Llc holds 0% or 6,629 shares. D E Shaw & Inc has invested 0% of its portfolio in Straight Path Communications Inc (NYSEMKT:STRP).

Since June 13, 2017, it had 0 insider purchases, and 5 sales for $13.98 million activity. $1.69 million worth of Straight Path Communications Inc (NYSEMKT:STRP) was sold by JONAS DAVIDI. Another trade for 21,139 shares valued at $3.80M was made by PI ZHOUYUE on Tuesday, June 13. $897,927 worth of stock was sold by ZEIDMAN FRED S on Monday, June 19. Shares for $3.27M were sold by JONAS HOWARD S.

Analysts await Straight Path Communications Inc (NYSEMKT:STRP) to report earnings on October, 6. They expect $-0.27 EPS, up 15.63 % or $0.05 from last year’s $-0.32 per share. After $-0.40 actual EPS reported by Straight Path Communications Inc for the previous quarter, Wall Street now forecasts -32.50 % EPS growth. The stock increased 0.11% or $0.19 on September 8, reaching $179.9. About 95,385 shares traded. Straight Path Communications Inc (NYSEMKT:STRP) has risen 435.39% since September 10, 2016 and is uptrending. It has outperformed by 418.69% the S&P500.

Straight Path Communications Inc. is a communications asset company. The company has market cap of $2.29 billion. The Firm owns Straight Path Spectrum, Inc. , Straight Path Ventures, LLC (Straight Path Ventures), and Straight Path IP Group, Inc. (Straight Path IP Group). It currently has negative earnings. The Company’s divisions include Straight Path Spectrum, Straight Path Ventures and Straight Path IP Group.

More notable recent Straight Path Communications Inc (NYSEMKT:STRP) news were published by: Seekingalpha.com which released: “A Potential Bidding War For Straight Path Communications” on January 17, 2017, also Fool.com with their article: “Why Straight Path Communications Inc. Stock Skyrocketed 150% Today” published on April 10, 2017, Marketwatch.com published: “AT&T to acquire Straight Path Communications in $1.6 billion deal” on April 10, 2017. More interesting news about Straight Path Communications Inc (NYSEMKT:STRP) were released by: Seekingalpha.com and their article: “Straight Path Communications Inc.: Setting The Story Straight” published on January 19, 2017 as well as Fool.com‘s news article titled: “Why Straight Path Communications Inc. Stock Popped (Again) Today” with publication date: April 17, 2017.

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