Analysts await Novatel Wireless, Inc. (NASDAQ:MIFI) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $-0.11 EPS, down 72.73% or $0.08 from last year’s $-0.03 per share.

At the moment 3 analysts are watching Novatel Wireless, Inc. (NASDAQ:MIFI), 0 rate it “Buy”, 2 “Outperform”, 1 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Jun-16, 2 analysts have a mean sales target of 59.92 million. For the quarter ending Sep-16, 2 analysts have a mean sales target of 61.53 million whilst for the year ending Dec-16, 3 analysts have a mean target of 244.72 million.

In terms of earnings per share, 3 analysts have a -0.04 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 3 analysts have a -0.01 EPS mean target and for the quarter ending Sep-16 there are 3 estimates of -0.15 EPS.

The biggest institutional shareholders in Novatel Wireless, Inc. include HC2 Holdings Inc which owns 8 million shares in the company valued at $14.29 million. American Financial Group Inc is the second biggest holder with 8 million shares currently valued at 12.97 million whilst United Teacher Associates Insurance Co has 5 million shares valued at 8.25 million.

Total shares held by institutions as of the most recent company filings are 30,102,036 with a reported 332,391 bought and 5,958,436 sold. These holdings make up 56.64% of the company’s outstanding shares.

Currently insiders hold 9,203,730 shares in the business which makes up 17.30% of shares. The biggest holder currently is Bruce A. Karsh who owns 3,401,000 shares (6.39% of those outstanding), whilst Susan G. Swenson holds 1,050,244 (1.97% of shares outstanding) and Alex Mashinsky holds 885,973 (1.67% of shares outstanding).

The stock increased 0.72% or $0.01 during the last trading session.