MYDA Advisors LLC Acquires Shares of 170,000 Gogo Inc. $GOGO

Posted by Francis Steltz on Jun 15th, 2026

MYDA Advisors LLC acquired a new stake in shares of Gogo Inc. (NASDAQ:GOGO – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 170,000 shares of the technology company’s stock, valued at approximately $792,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Nantahala Capital Management LLC bought a new position in shares of Gogo during the 4th quarter valued at about $31,654,000. Vanguard Group Inc. boosted its holdings in shares of Gogo by 6.3% during the 3rd quarter. Vanguard Group Inc. now owns 6,651,058 shares of the technology company’s stock valued at $57,133,000 after purchasing an additional 396,236 shares during the last quarter. William Blair Investment Management LLC boosted its holdings in shares of Gogo by 6.9% during the 3rd quarter. William Blair Investment Management LLC now owns 6,067,663 shares of the technology company’s stock valued at $52,121,000 after purchasing an additional 393,830 shares during the last quarter. State Street Corp boosted its holdings in shares of Gogo by 7.0% during the 4th quarter. State Street Corp now owns 3,136,833 shares of the technology company’s stock valued at $14,618,000 after purchasing an additional 204,296 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Gogo by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 1,886,561 shares of the technology company’s stock valued at $8,793,000 after purchasing an additional 6,512 shares during the last quarter. Institutional investors own 69.60% of the company’s stock.

Gogo Price Performance

Shares of NASDAQ GOGO opened at $3.66 on Monday. The firm’s 50-day moving average price is $4.24 and its 200-day moving average price is $4.65. The company has a current ratio of 1.66, a quick ratio of 1.27 and a debt-to-equity ratio of 6.89. The stock has a market capitalization of $494.98 million, a price-to-earnings ratio of 33.27 and a beta of 1.09. Gogo Inc. has a 12-month low of $3.29 and a 12-month high of $16.82.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Roth Mkm set a $12.00 price objective on shares of Gogo in a report on Thursday, May 7th. Morgan Stanley dropped their price objective on shares of Gogo from $8.00 to $7.00 and set an “equal weight” rating for the company in a report on Thursday, May 21st. Finally, Weiss Ratings raised shares of Gogo from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $9.50.

Read Our Latest Stock Analysis on GOGO

Gogo Profile

(Free Report)

Gogo Inc is a leading provider of in-flight connectivity and entertainment solutions for commercial and business aviation. The company specializes in delivering broadband internet, voice and text services, and streaming entertainment to passengers at 35,000 feet. Gogo’s offerings include both air-to-ground (ATG) networks and satellite-based connectivity, enabling reliable in-flight internet access across a range of aircraft types.

Gogo’s ATG network spans the United States and portions of Canada, using ground towers to transmit data signals directly to equipped aircraft.