Numerex Corp. (NASDAQ:NMRX) is a provider of managed machine-to-machine (M2M) enterprise solutions enabling the Internet of Things (IoT).
Numerex was founded in 1992 and was first publicly traded in March 1994. On September 1, 2015 Marc Zionts was appointed as CEO and President of this company.
In May 1998, Cellemetrry LLC was formed between Numerex Corp., BellSouth Corporation and BellSouth Wireless, This was a joint venture between Numerex and Cingular. In November 1999, Numerex sold the wireline business to British Telecommunications PLC (“BT”). On March 28, 2003, Numerex acquired Cingular’s interest in Cellemetry LLC.
During this period, Numerex developed a Short Message Service Center (SMSC)-operated service bureau, “Data1Source”, providing SMS-related services to tier 2 and 3 carriers throughout the US. While Data1Source was later sold.
At the beginning of 2006, Numerex acquired the assets of Airdesk, Inc.
In 2007, Numerex acquired the assets of Orbit One Communications, Inc..
In October 2008, Numerex acquired Ublip.
In February 2013, Numerex acquired AVIDwireless™. In December 2013, Numerex acquired i3G under the i-Tank™ brand.
In April 2014, Numerex acquired Omnilink Systems.
In September 2015, Numerex announced their recent implementation of the mySHIELD solution, connected by Verizon. The company also announced the “LTE for the IoT” program with T-Mobile.
Collaborated with LogiSense to provide innovative products and service offerings and adapt to the explosive growth in the IoT/M2M ecosystem.
In 2014 and 2015, Numerex has been awarded Best Overall Platform platform by IoT Evolution, as well as Best Security Platform by Compass Intelligence.
In 2015, company was recognized by the Technology Association of Georgia as a Top 40 Innovative Technology Company.
2016-05-15 | Reiterated Rating | B. Riley | Buy | $9.50 |
2016-05-10 | Reiterated Rating | B. Riley | Buy | $9.50 |
2016-05-10 | Downgrade | Canaccord Genuity | Buy to Hold | $8.00 to $7.00 |
2016-05-05 | Reiterated Rating | B. Riley | Buy | $9.50 |
2016-04-19 | Initiated Coverage | B. Riley | Buy | $9.50 |
2016-04-14 | Initiated Coverage | B. Riley | Buy | $9.50 |
2016-03-15 | Reiterated Rating | Canaccord Genuity | Buy | $9.00 to $8.00 |
2016-02-29 | Reiterated Rating | Canaccord Genuity | Buy | $11.00 to $9.00 |
2015-11-05 | Downgrade | Sidoti | Buy to Neutral | |
2015-11-05 | Reiterated Rating | Canaccord Genuity | Buy | $11.00 |
2015-09-10 | Reiterated Rating | Canaccord Genuity | Buy | $12.00 |
2015-08-06 | Lower Price Target | Canaccord Genuity | Buy | $15.00 to $12.00 |
2015-05-19 | Downgrade | Needham & Company LLC | Buy to Hold | |
2015-05-12 | Reiterated Rating | Canaccord Genuity | Buy | $15.00 |
2015-05-12 | Downgrade | Northland Securities | Outperform to Market Perform | $14.00 to $10.00 |
2015-03-13 | Lower Price Target | Needham & Company LLC | Buy | $14.00 to $13.00 |
2015-03-12 | Reiterated Rating | Canaccord Genuity | Buy | $15.00 |
2014-08-07 | Boost Price Target | Needham & Company LLC | Buy | $13.00 to $14.00 |
2014-06-11 | Initiated Coverage | Sidoti | Buy | |
2014-05-08 | Lower Price Target | Needham & Company LLC | Buy | $17.00 to $13.00 |
2014-05-08 | Lower Price Target | Northland Securities | Outperform | $16.75 to $14.00 |
2014-05-08 | Upgrade | Canaccord Genuity | Hold to Buy | |
2014-03-07 | Downgrade | Craig Hallum | Buy to Hold | |
2014-03-07 | Boost Price Target | Needham & Company LLC | $17.00 | |
2014-03-07 | Downgrade | Canaccord Genuity | Buy to Hold | $3.00 to $15.00 |
2013-11-07 | Boost Price Target | Northland Securities | Outperform | $13.25 to $16.00 |
2013-11-07 | Boost Price Target | Canaccord Genuity | Buy | $15.00 to $18.00 |
2013-08-09 | Reiterated | Northland Capital | Outperform | $16 to $13.25 |
2013-04-12 | Initiated | Needham | Buy | $15 |
2010-11-01 | Initiated | Northland Securities | Outperform | |
2007-08-16 | Initiated | Merriman Curhan Ford | Buy | |
2007-06-19 | Initiated | Punk, Ziegel & Co | Buy | $16 |
2016-05-15 | Reiterated Rating | B. Riley | Buy | $9.50 |
2016-05-10 | Reiterated Rating | B. Riley | Buy | $9.50 |
2016-05-10 | Downgrade | Canaccord Genuity | Buy to Hold | $8.00 to $7.00 |
2016-05-05 | Reiterated Rating | B. Riley | Buy | $9.50 |
2016-04-19 | Initiated Coverage | B. Riley | Buy | $9.50 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In NMRX 4 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Fund Advisors | 0.45M |
BlackRock Institutional Trust Company, N.A. | 0.41M |
BlackRock Investment Management, LLC | 52174 |
BLACKROCK ADVISORS LLC | 4611 |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
SIERRA WIRELESS INC | 103.85% (19680040) | NMRX / |
Zionts Marc J Chief Executive Officer | 0.85% (160752) | NMRX / |
BEAZER BRIAN C | 0.70% (132121) | BZH / NMRX / |
RAOS JOHN G | 0.68% (128120) | NMRX / |
Smith Jeffrey Owen Chief Technology Officer | 0.65% (122762) | NMRX / |
Constantine E James | 0.39% (74656) | NMRX / |
Rose Jerry Andrew | 0.27% (52000) | NMRX / |
BENSON GEORGE | 0.25% (46812) | NMRX / |
CATHERALL ALAN B EVP & Chief Financial Officer | 0.23% (42669) | NMRX / |
MARETT MICHAEL A EVP | 0.20% (38543) | NMRX / |
Costello Vincent Chief Revenue Officer | 0.19% (35771) | NMRX / |
FLYNT RICHARD A JR Chief Financial Officer | 0.19% (35266) | NMRX / |
Fienberg Louis EVP | 0.18% (34700) | NMRX / |