2 weeks Ago By ABMN Staff
StockNews.com initiated coverage on shares of Sequans Communications ( NYSE:SQNS – Free Report ) in a report released on Monday morning. The firm issued a sell rating on the semiconductor company’s stock.
Separately, Roth Mkm restated a buy rating and issued a $3.00 price target on shares of Sequans Communications in a report on Monday, August 26th. Check Out Our Latest Stock Report on SQNS Sequans Communications Stock Performance Hedge Funds Weigh In On Sequans Communications Several institutional investors have recently made changes to their positions in SQNS.
Bardin Hill Management Partners LP acquired a new position in shares of Sequans Communications during the 4th quarter valued at about $2,497,000. Vazirani Asset Management LLC purchased a new stake in Sequans Communications during the fourth quarter worth about $1,840,000. Finally, Black Maple Capital Management LP purchased a new stake in Sequans Communications during the fourth quarter worth about $43,000.
63.33% of the stock is owned by hedge funds and other institutional investors. About Sequans Communications ( Get Free Report ) Sequans Communications SA engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband Internet of Things (IoT) markets in Taiwan, Korea, China, rest of Asia, Germany, the United States, and internationally.
It offers baseband solutions for use in encoding and decoding data based on 4G and 5G protocols for wireless processing platform for a cellular device; RF transceivers used to transmit and receive wireless transmissions; highly integrated SoC solutions that combine various functions into a single die or package; and LTE modules. Featured Articles Receive News & Ratings for Sequans Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sequans Communications and related companies with MarketBeat.com's FREE daily email newsletter .
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