Gogo Inc. (NASDAQ:GOGO) EVP John Wade sold 5,000 shares of the stock on the open market in a transaction dated Thursday, May 29th. The stock was sold at an average price of $18.00, for a total transaction of $90,000.00. Following the transaction, the executive vice president now directly owns 14,000 shares of the company’s stock, valued at approximately $252,000. Gogo Inc. (NASDAQ:GOGO) net profit margin is -46.10% and weekly performance is 8.79%. On last trading day company shares ended up $17.82. Analysts mean target price for the company is $22.00. Gogo Inc. (NASDAQ:GOGO) distance from 50-day simple moving average (SMA50) is 3.04%.
8×8, Inc. (NASDAQ:EGHT), a provider of cloud-based unified communications, contact center and collaboration solutions, announced that Chief Executive Officer Vik Verma and Chief Financial Officer Dan Weirich will present at the 2014 Bank of America Merrill Lynch Global Technology Conference on Tuesday, June 3 at 11:30 am PDT. 8×8, Inc. (NASDAQ:EGHT) shares fell -3.32% in last trading session and ended the day on $7.27. EGHT gross Margin is 71.00% and its return on assets is 3.20%.8×8, Inc. (NASDAQ:EGHT) quarterly performance is -31.35%.
Towerstream Corporation (NASDAQ:TWER) said it has announced a small cell services teaming agreement with Alcatel-Lucent (NYSE: ALU) enabling a one-stop solution for carriers to deploy Small Cell wireless infrastructure. Towerstream Corporation (NASDAQ:TWER) shares moved down -0.52% in last trading session and was closed at $1.93, while trading in range of $1.91 – $2.00. Towerstream Corporation (NASDAQ:TWER) year to date (YTD) performance is -34.80%.
Mitsui & Co. has reported cutting its passive stake in Boingo Wireless Inc (NASDAQ:WIFI). The shareholder reduced its exposure to the company down to 609,500 shares, versus more than 1.89 million held earlier. Following the decrease, the firm owns 1.7% of Boingo Wireless Inc (NASDAQ:WIFI)’s common stock, versus 5.3% held earlier. Boingo Wireless Inc. (NASDAQ:WIFI) ended the last trading day at $6.80. Company weekly volatility is calculated as 2.74% and price to cash ratio as 4.76.Boingo Wireless Inc. (NASDAQ:WIFI) showed a positive weekly performance of 0.29%.
Sky-mobi Limited (NASDAQ:MOBI), a leading mobile application platform in China, on 30 may announced that the Company’s Board of Directors has approved a fiscal year-end change from March 31 to December 31, beginning in the calendar year ending December 31, 2014. Additionally, the Company also announced that its Board of Directors has approved a program to repurchase up to US$20 million of the Company’s American depositary shares (“ADSs”) over the next 12-month period, ending on May 30, 2015. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) net profit margin is 5.30% and weekly performance is -3.16%. On last trading day company shares ended up $7.05. Analysts mean target price for the company is $7.50. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) distance from 50-day simple moving average (SMA50) is -5.95%.