Summit Wireless Technologies, Inc. (NASDAQ:WISA) is now up 4% compared to a 12-month low of $1.5. We have seen the price to move -4.88% lower and get settled at $1.56 on 5/21/2019. At recent session, it appeared stuck in a range of $1.51 to $1.72. This company shares are 220.51% off its target price of $5 and the current market capitalization stands at $23.12M. The recent change has given its price a -21.68% deficit over SMA 50 and -72.18% deficit over its 52-week high. The stock witnessed -20.81% declines, -32.17% declines and -63.47% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found WISA’s volatility during a week at 13.69% and during a month it has been found around 14.4%.

Summit Wireless Technologies, Inc. (WISA) Top Holders

Institutional investors currently hold around $1 million or 21.1% in WISA stock. Look at its top three institutional owners: Pnc Financial Services Group, Inc. owns $208 thousand in Summit Wireless Technologies, Inc., which represents roughly 0.9% of the company’s market cap and approximately 20.8% of the institutional ownership. Similar statistics are true for the second largest owner, Waldron Private Wealth Llc, which owns 88,028 shares of the stock are valued at $144 thousand. The third largest holder is Vanguard Group Inc, which currently holds $68 thousand worth of this stock and that ownership represents nearly 0.29% of its market capitalization.

Summit Wireless Technologies, Inc. 13F Filings

At the end of March reporting period, 9 institutional holders increased their position in Summit Wireless Technologies, Inc. (NASDAQ:WISA) by some 245,209 shares, 3 decreased positions by 9,493 and 1 held positions by 58,159. That puts total institutional holdings at 312,861 shares, according to SEC filings. The stock grabbed 7 new institutional investments totaling 243,794 shares while institutional investors sold out their entire positions totaling shares.

Summit Wireless Technologies, Inc. (WISA) Analyst Guide

Not many analysts have released their opinion on Summit Wireless Technologies, Inc. (NASDAQ:WISA), with 0 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2 average brokerage recommendation [T1].