Insider Selling: WidePoint (NYSEAMERICAN:WYY) CFO Sells $272,813.12 in Stock

Posted by Brian Himes on Jun 30th, 2026

WidePoint Corporation (NYSEAMERICAN:WYY – Get Free Report) CFO Robert George sold 16,882 shares of the company’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $16.16, for a total transaction of $272,813.12. Following the completion of the sale, the chief financial officer directly owned 19,842 shares of the company’s stock, valued at $320,646.72. The trade was a 45.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

WidePoint Stock Up 4.0%

Shares of NYSEAMERICAN WYY traded up $0.67 during midday trading on Tuesday, reaching $17.46. 267,484 shares of the company’s stock traded hands, compared to its average volume of 154,700. The company has a market cap of $172.68 million, a price-to-earnings ratio of -87.30 and a beta of 1.80. The stock’s 50 day simple moving average is $10.33 and its 200-day simple moving average is $7.22. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.32. WidePoint Corporation has a one year low of $2.80 and a one year high of $24.30.

WidePoint (NYSEAMERICAN:WYY – Get Free Report) last issued its quarterly earnings data on Thursday, May 14th. The technology company reported $0.01 EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.13. The company had revenue of $40.58 million during the quarter, compared to the consensus estimate of $37.87 million. WidePoint had a negative net margin of 1.24% and a negative return on equity of 16.24%. On average, analysts predict that WidePoint Corporation will post -0.06 EPS for the current fiscal year.

Institutional Investors Weigh In On WidePoint

Institutional investors have recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in WidePoint by 19,130.8% in the first quarter. Royal Bank of Canada now owns 5,000 shares of the technology company’s stock worth $25,000 after purchasing an additional 4,974 shares during the last quarter. PNC Financial Services Group Inc. acquired a new stake in shares of WidePoint in the 1st quarter worth $50,000. Cassaday & Co Wealth Management LLC acquired a new stake in shares of WidePoint in the 1st quarter worth $87,000. NewEdge Advisors LLC grew its stake in WidePoint by 194.5% during the 4th quarter. NewEdge Advisors LLC now owns 46,028 shares of the technology company’s stock worth $247,000 after buying an additional 30,397 shares during the last quarter. Finally, State Street Corp grew its stake in WidePoint by 9.7% during the 4th quarter. State Street Corp now owns 27,153 shares of the technology company’s stock worth $146,000 after buying an additional 2,400 shares during the last quarter. 22.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Zacks Research upgraded WidePoint from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 28th. HC Wainwright reiterated a “buy” rating and issued a $9.00 target price on shares of WidePoint in a research note on Monday, March 30th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $8.67.

View Our Latest Stock Report on WidePoint

About WidePoint

(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.