Boingo Wireless Inc (NASDAQ:WIFI) Attracts Smart Money

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Boingo Wireless Inc (NASDAQ:WIFI) reported that Park West Asset Management has picked up 1,971,559   of common stock as of 2017-03-20.

The acquisition brings the aggregate amount owned by Park West Asset Management to a total of 1,971,559 representing a 5.1% stake in the company.

For those not familiar with the company, Boingo Wireless, Inc. is a provider of commercial mobile wireless fidelity (Wi-Fi) Internet solutions and indoor direct-attached storage (DAS) services for carriers. The Company operates as a service provider of wireless connectivity solutions across its managed and operated network and aggregated network for mobile devices such as laptops, smartphones, tablets and other wireless-enabled consumer devices segment. The Company has established wireless networks that provide high-speed, high-bandwidth wireless connectivity to smartphones, tablets, laptops, wearables, the Internet of Things (IoT) and other wireless-enabled devices. Its wireless networks include DAS, femto-cell, and Wi-Fi networks that it manages and operates, which it refers to as managed and operated locations, as well as Wi-Fi networks managed and operated by third-parties with whom it contract for access (roaming networks). Its services include DAS or Femto-Cell, Wholesale-Wi-Fi, Retail, Military and Advertising.

A glance at Boingo Wireless Inc (NASDAQ:WIFI)’s key stats reveals a current market capitalization of 504.80 Million based on 38.65 Million shares outstanding and a price at last close of $12.99 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-03-01, Dunlevie picked up 5,131 at a purchase price of $11.51. This brings their total holding to 110,542 as of the date of the filing.

On the sell side, the most recent transaction saw Tracey unload 3,750 shares at a sale price of $12.14. This brings their total holding to 47,658.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Boingo Wireless Inc (NASDAQ:WIFI) as things move forward to see if its progress aligns with these transactions.

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Here’s Who Just Picked Up Zayo Group Holdings Inc. (NYSE:ZAYO) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Zayo Group Holdings Inc. (NYSE:ZAYO) reported that SPO Advisory Corp has picked up 11,663,541 of common stock as of 2017-02-27.

The acquisition brings the aggregate amount owned by SPO Advisory Corp to a total of 11,663,541 representing a 4.8% stake in the company.

For those not familiar with the company, Zayo Group Holdings, Inc. is a provider of bandwidth infrastructure in the United States, Canada and Europe. The Company operates in five segments, including Dark Fiber Solutions, Network Connectivity, Colocation and Cloud Infrastructure, Zayo Canada and Other. Its key products include leased dark fiber, fiber to cellular towers and small cell sites, wavelength connections, Ethernet, Internet Protocol (IP) connectivity and cloud services. Its products and services enable high-bandwidth applications, such as cloud-based computing, video, mobile, social media and machine-to-machine connectivity. As of June 30, 2016 the Company owned fiber networks in 300 metro markets, including metro areas, such as New York, Chicago, San Francisco, Paris, and London, as well as smaller metro areas, such as Allentown, Pennsylvania, Fargo, North Dakota, and Spokane, Washington. The Company also provides its network-neutral colocation and interconnection services utilizing its own data centers.

A glance at Zayo Group Holdings Inc. (NYSE:ZAYO)’s key stats reveals a current market capitalization of 7.67 billion based on 244.12 million shares outstanding and a price at last close of $31.50 per share.

Looking at insider activity, there are a few transactions worth noting.

On the sell side, the most recent transaction saw Desgarennes unload 9,242 shares at a sale price of $31.27. This brings their total holding to 308,002.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Zayo Group Holdings Inc. (NYSE:ZAYO) as things move forward to see if its progress aligns with these transactions.

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Arquitos Capital Partners, Lp. Just Picked Up Sitestar Corp. (OTCMKTS:SYTE) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Sitestar Corp. (OTCMKTS:SYTE) reported that Arquitos Capital Partners, Lp. has picked up 85,413,593 of common stock as of 2017-02-09.

The acquisition brings the aggregate amount owned by Arquitos Capital Partners, Lp. to a total of 85,413,593            representing a 30.21% stake in the company.

For those not familiar with the company, Sitestar Corporation, formerly Interfoods Consolidated, Inc., is an Internet service provider (ISP). The Company operates through three segments: Internet, Real estate and Corporate. The Company’s Internet segment provides Internet access to customers throughout the United States and Canada. The Company’s Real estate segment invests in, refurbishes and markets real estate for resale. The Corporate group is the holding company that oversees the operating of the Internet group and arranges financing. The Company offers consumer and business-grade Internet access, wholesale-managed modem services for downstream ISPs, Web hosting, and various ancillary services. The Company owns a real estate investment portfolio that includes residential properties, vacant land and a commercial property. Its real estate portfolio is primarily focused on the Roanoke and Lynchburg areas of Virginia.

A glance at Sitestar Corp. (OTCMKTS:SYTE)’s key stats reveals a current market capitalization of 15.98 million based on 190.23 million shares outstanding and a price at last close of $0.084 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-02-01, Smith picked up 200,000,000 at a purchase price of $0.05. This brings their total holding to 9,000,000 as of the date of the filing.

On the sell side, the most recent transaction saw Dash unload 95,848 shares at a sale price of $0.02. This brings their total holding to 4,547,717.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Sitestar Corp. (OTCMKTS:SYTE) as things move forward to see if its progress aligns with these transactions.

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