Polar Asset Management Partners Inc. Has $607,000 Stock Position in Sequans Communications S.A. $SQNS

Posted by Stanley Muller on Jul 28th, 2026

Polar Asset Management Partners Inc. reduced its position in Sequans Communications S.A. (NYSE:SQNS – Free Report) by 78.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 239,973 shares of the semiconductor company’s stock after selling 874,509 shares during the period. Polar Asset Management Partners Inc. owned about 1.67% of Sequans Communications worth $607,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in SQNS. Credit Industriel ET Commercial boosted its stake in Sequans Communications by 81.8% in the 1st quarter. Credit Industriel ET Commercial now owns 400,000 shares of the semiconductor company’s stock worth $1,012,000 after purchasing an additional 180,000 shares during the period. SmartHarvest Portfolios LLC acquired a new stake in Sequans Communications during the 1st quarter valued at $60,000. J. Derek Lewis & Associates Inc. acquired a new stake in Sequans Communications during the 4th quarter valued at $85,000. Virtu Financial LLC purchased a new stake in shares of Sequans Communications in the fourth quarter valued at $75,000. Finally, XTX Topco Ltd purchased a new stake in shares of Sequans Communications in the fourth quarter valued at $73,000. Hedge funds and other institutional investors own 63.33% of the company’s stock.

Sequans Communications Stock Up 3.4%

Sequans Communications stock opened at $2.58 on Tuesday. Sequans Communications S.A. has a twelve month low of $2.38 and a twelve month high of $15.65. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.42 and a current ratio of 0.47. The firm has a market cap of $38.72 million, a PE ratio of -0.19 and a beta of 0.79. The firm’s 50 day moving average price is $3.38 and its two-hundred day moving average price is $3.48.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Zacks Research upgraded Sequans Communications from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Wall Street Zen downgraded Sequans Communications from a “hold” rating to a “sell” rating in a research note on Saturday, June 27th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.33.

Get Our Latest Analysis on Sequans Communications

Sequans Communications Company Profile

(Free Report)

Sequans Communications is a fabless semiconductor company specializing in cellular IoT and broadband connectivity solutions. The company designs and delivers a range of LTE and 5G chips, modules and connectivity platforms that enable low-power wide-area (LPWA) networking as well as high-speed broadband services. Sequans’s products are targeted at Internet of Things (IoT) applications, including smart metering, industrial automation, smart cities and consumer electronics, as well as more data-intensive use cases such as fixed wireless access and private networks.

The company’s portfolio includes single-mode LTE chipsets for narrowband IoT (NB-IoT) and LTE-M, multi-mode platforms that combine LTE and 5G New Radio (NR) support, and modules that integrate RF front-ends, power management and embedded software.