The CEO of Wireless Telecom Group Inc (NYSE MKT: WTT) is Buying Shares

Today, the CEO of Wireless Telecom Group Inc (WTTResearch Report), Timothy Whelan, bought shares of WTT for $20.27K.

This recent transaction increases Timothy Whelan’s holding in the company by 9.85% to a total of $236.8K.

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Based on Wireless Telecom Group Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $12.09 million and GAAP net loss of $718K. In comparison, last year the company earned revenue of $12.04 million and had a GAAP net loss of $2.55 million. WTT’s market cap is $33.5M and the company has a P/E ratio of 5266.67. Currently, Wireless Telecom Group Inc has an average volume of 25.38K.

The insider sentiment on Wireless Telecom Group Inc has been positive according to 10 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Wireless Telecom Group, Inc. engages in the design and manufacture of radio frequency and microwave components, modules, systems, and instruments. The company markets its products and services under the Boonnton, Microlab, Noisecom, and CommAgility brands.

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