WidePoint (NYSEAMERICAN:WYY) Shares Cross Above 50 Day Moving Average – Should You Sell?

Posted by George Bondi on May 15th, 2026

WidePoint Corporation (NYSEAMERICAN:WYY – Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $5.56 and traded as high as $9.44. WidePoint shares last traded at $8.98, with a volume of 398,209 shares changing hands.

Analysts Set New Price Targets

WYY has been the topic of a number of recent analyst reports. Zacks Research cut shares of WidePoint from a “hold” rating to a “strong sell” rating in a research report on Monday, March 30th. HC Wainwright reiterated a “buy” rating and set a $9.00 price target on shares of WidePoint in a research note on Monday, March 30th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $8.67.

Read Our Latest Analysis on WYY

WidePoint Price Performance

The stock’s 50 day moving average is $5.56 and its two-hundred day moving average is $5.94. The stock has a market capitalization of $88.63 million, a PE ratio of -30.96 and a beta of 1.59.

WidePoint (NYSEAMERICAN:WYY – Get Free Report) last announced its quarterly earnings results on Wednesday, March 25th. The technology company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.08). The business had revenue of $42.32 million during the quarter, compared to analyst estimates of $40.28 million. WidePoint had a negative net margin of 1.83% and a negative return on equity of 22.35%. On average, equities analysts predict that WidePoint Corporation will post -0.08 earnings per share for the current year.

Institutional Investors Weigh In On WidePoint

Several hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC lifted its holdings in WidePoint by 194.5% in the fourth quarter. NewEdge Advisors LLC now owns 46,028 shares of the technology company’s stock valued at $247,000 after acquiring an additional 30,397 shares during the period. Jane Street Group LLC lifted its holdings in WidePoint by 98.6% in the fourth quarter. Jane Street Group LLC now owns 52,751 shares of the technology company’s stock valued at $283,000 after acquiring an additional 26,193 shares during the period. Geode Capital Management LLC lifted its holdings in WidePoint by 4.5% in the fourth quarter. Geode Capital Management LLC now owns 85,777 shares of the technology company’s stock valued at $461,000 after acquiring an additional 3,675 shares during the period. Vanguard Group Inc. lifted its holdings in WidePoint by 2.4% in the third quarter. Vanguard Group Inc. now owns 376,513 shares of the technology company’s stock valued at $1,862,000 after acquiring an additional 8,850 shares during the period. Finally, Ritholtz Wealth Management acquired a new stake in WidePoint in the fourth quarter valued at $79,000. 22.60% of the stock is owned by institutional investors and hedge funds.

WidePoint Company Profile

(Get Free Report)

WidePoint Corporation (NYSE American: WYY) is a provider of secure mobility management and identity management solutions. Headquartered in Reston, Virginia, the company delivers a range of managed services designed to help organizations control and secure their telecommunications and IT environments. Since its inception in the late 1990s, WidePoint has focused on helping businesses and government agencies optimize their mobile device portfolios and ensure regulatory compliance.

WidePoint’s core offerings include mobile device management, telecom expense management, and unified endpoint security.