Analyst Activity – Maxim Group Initiates Coverage On XG Technology (NASDAQ:XGTI) With a Buy

Analyst Ratings For XG Technology (NASDAQ:XGTI)

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Today, Maxim Group initiated coverage on XG Technology (NASDAQ:XGTI) with a Buy with a price target of $4.00.

There are 2 buy ratings on the stock.

The current consensus rating on XG Technology (NASDAQ:XGTI) is Buy (Score: 3.00) with a consensus target price of $3.75 per share, a potential 80.29% upside.

Some recent analyst ratings include

  • 7/19/2017-Maxim Group initiated coverage with a Buy rating.
  • 7/18/2017-Roth Capital Reiterated Rating of Buy.

Recent Insider Trading Activity For XG Technology (NASDAQ:XGTI)
XG Technology (NASDAQ:XGTI) has insider ownership of 2.81% and institutional ownership of 4.61%.

  • On 1/12/2017 Ross James Woodyatt, Insider, sold 14,849 with an average share price of $2.27 per share and the total transaction amounting to $33,707.23. View SEC Filing
  • On 12/30/2016 John C. Coleman, President, sold 10,646 with an average share price of $1.29 per share and the total transaction amounting to $13,733.34. View SEC Filing
  • On 12/6/2016 John C Coleman, President, sold 194,563 with an average share price of $0.34 per share and the total transaction amounting to $66,151.42. View SEC Filing
  • On 11/29/2016 Ross James Woodyatt, President, sold 14,100 with an average share price of $0.33 per share and the total transaction amounting to $4,653.00. View SEC Filing
  • On 10/3/2016 Ross James Woodyatt, President, sold 80,702 with an average share price of $0.59 per share and the total transaction amounting to $47,614.18. View SEC Filing
  • On 9/13/2016 Roger G Branton, CFO, sold 51,118 with an average share price of $0.45 per share and the total transaction amounting to $23,003.10. View SEC Filing
  • On 8/5/2016 John C Coleman, President, sold 25,360 with an average share price of $0.49 per share and the total transaction amounting to $12,426.40. View SEC Filing

Recent Trading Activity for XG Technology (NASDAQ:XGTI)
Shares of XG Technology closed the previous trading session at 2.31 up +0.23 11.05% with 932,407 shares trading hands.

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