TESSCO Technologies Incorporated (TESS) Research

TESSCO Technologies Incorporated, founded in 1982 and based in Hunt Valley, Maryland, is a key player in the wireless infrastructure sector. The company manufactures and distributes a broad array of technology products and solutions for both domestic and international markets, operating primarily through its Carrier and Commercial business segments. Its extensive product range covers everything needed to build, maintain, and upgrade wireless broadband systems. This includes foundational base station infrastructure components like antennas, transmission lines, small towers, lightning protection, connectors, power systems, enclosures, grounding products, and mobile antennas. TESSCO also provides advanced network systems, offering fixed and mobile broadband radio equipment, wireless networking filters, distributed antenna systems, two-way radios, and security and surveillance technology. Furthermore, the company equips professionals with essential installation, testing, and maintenance tools. This includes specialized analysis equipment, various frequency, voltage, and power-measuring devices, along with general tools, hardware, GPS systems, safety gear, and replacement parts crucial for tuning and servicing wireless communications equipment. Under its Ventev brand, TESSCO sells these products to a wide and varied customer base. This includes major carrier and public network operators, tower owners, program managers, contractors and integrators, private system operators, all levels of government (federal, state, and local), manufacturers, national solutions providers, and value-added resellers.

Market snapshot

Symbol
TESS
Price
$8.99
Day change
+0.11%
Market cap
$83.3M
P/E ratio
-18.95x
52-week range
4.03-9.0
Sector
Technology
Industry
Communication Equipment

Peer companies

  • China Index Holdings Limited (CIH)
  • Decisionpoint Systems, Inc. (DPSI)
  • Embark Technology, Inc. (EMBK)
  • IDEX Biometrics ASA (IDBA)
  • Kaleyra, Inc. (KLR)
  • Markforged Holding Corporation (MKFG)
  • Synchronoss Technologies, Inc. (SNCR)
  • SUNation Energy Inc. (SUNE)

Recent insider activity

  • Spitulnik Aric — D-Return (25000 shares) on 2023-07-17
  • Spitulnik Aric — D-Return (5625 shares) on 2023-07-17
  • Spitulnik Aric — D-Return (2813 shares) on 2023-07-17
  • Spitulnik Aric — D-Return (10000 shares) on 2023-07-17
  • Spitulnik Aric — D-Return (22500 shares) on 2023-07-17

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