Discussion stirs around Energous Corporation (NASDAQ:WATT) this week; here is what analysts are saying.

May 27, 2018 - By Rene Maslow

Energous Corporation (NASDAQ:WATT) LogoInvestors sentiment decreased to 1.29 in Q4 2017. Its down 0.13, from 1.42 in 2017Q3. It turned negative, as 11 investors sold Energous Corporation shares while 17 reduced holdings. 16 funds opened positions while 20 raised stakes. 8.06 million shares or 6.35% less from 8.61 million shares in 2017Q3 were reported.
Wells Fargo And Mn reported 21,407 shares stake. 6,930 were reported by Parallax Volatility Advisers Limited Partnership. Blackrock reported 1.34M shares. Millennium Mgmt Ltd invested in 110,684 shares or 0% of the stock. Schnieders Capital Mgmt Limited Liability has 0.18% invested in Energous Corporation (NASDAQ:WATT). Parametric Port Limited Com holds 0% of its portfolio in Energous Corporation (NASDAQ:WATT) for 27,786 shares. Macquarie Group holds 0% in Energous Corporation (NASDAQ:WATT) or 3,500 shares. Balyasny Asset Ltd Liability stated it has 0.03% of its portfolio in Energous Corporation (NASDAQ:WATT). Massachusetts-based Geode Capital Mngmt Limited Co has invested 0% in Energous Corporation (NASDAQ:WATT). Alliancebernstein Lp reported 12,300 shares stake. Nelson Van Denburg And Campbell Wealth Mngmt Ltd Liability owns 500 shares. Barclays Pcl has invested 0% in Energous Corporation (NASDAQ:WATT). Meeder Asset Mgmt reported 0% in Energous Corporation (NASDAQ:WATT). Atlantic Trust Grp Ltd Company has invested 0% in Energous Corporation (NASDAQ:WATT). Hrt Financial Ltd Liability holds 10,127 shares.

Since December 14, 2017, it had 0 insider buys, and 11 selling transactions for $2.93 million activity. Another trade for 2,578 shares valued at $56,875 was made by Johnston Cesar on Tuesday, March 13. The insider Sahejpal Neeraj sold $11,772. 11,353 shares were sold by Gaulding John, worth $268,714 on Tuesday, January 2. Leabman Michael Aaron also sold $1.04 million worth of Energous Corporation (NASDAQ:WATT) on Wednesday, February 21. On Friday, February 23 the insider RIZZONE STEPHEN R sold $675,000.

Energous Corporation (NASDAQ:WATT) Ratings Coverage

Among 3 analysts covering Energous (NASDAQ:WATT), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Energous has $45.8 highest and $45.8 lowest target. $45.80’s average target is 147.97% above currents $18.47 stock price. Energous had 4 analyst reports since December 28, 2017 according to SRatingsIntel. The stock of Energous Corporation (NASDAQ:WATT) has “Buy” rating given on Thursday, December 28 by Roth Capital. The firm has “Buy” rating by Roth Capital given on Monday, February 19. As per Friday, January 5, the company rating was maintained by Oppenheimer. Below is a list of Energous Corporation (NASDAQ:WATT) latest ratings and price target changes.

19/02/2018 Broker: Roth Capital Rating: Buy New Target: $45.8 Maintain
16/02/2018 Broker: National Securities Rating: Buy
05/01/2018 Broker: Oppenheimer Rating: Hold Maintain
28/12/2017 Broker: Roth Capital Rating: Buy New Target: $45.8 Maintain

The stock increased 0.44% or $0.08 during the last trading session, reaching $18.47. About 308,055 shares traded. Energous Corporation (NASDAQ:WATT) has risen 4.71% since May 27, 2017 and is uptrending. It has underperformed by 6.84% the S&P500.

Energous Corporation engages in the development of a wire-free charging system. The company has market cap of $470.15 million. The companyÂ’s technology could enable wire-free charging solutions for contact charging, as well as at a distance charging. It currently has negative earnings. It develops WattUp, a wire-free charging technology that charges electronic devices by surrounding them with a contained three dimensional radio frequency energy pocket.

More recent Energous Corporation (NASDAQ:WATT) news were published by: Globenewswire.com which released: “Energous Corporation Reports First Quarter 2018 Financial Results” on May 01, 2018. Also Globenewswire.com published the news titled: “New Research: Key Drivers of Growth for SecureWorks, Ingles Markets, Insys Therapeutics, Energous, XO Group, and …” on May 02, 2018. Globenewswire.com‘s news article titled: “Energous Corporation Announces Participation in Ladenburg Thalmann 2018 Technology Expo” with publication date: May 17, 2018 was also an interesting one.

Energous Corporation (NASDAQ:WATT) Institutional Positions Chart

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