Todd Dzyak, serving as the Chief Operating Officer for WIDEPOINT CORP, executed a significant transaction involving company equity on June 24, 2026. The executive sold 10,000 shares of the firm's common stock during this period. The transaction was completed at a price of $17.50 per share, resulting in a total value of $175,000. This sale occurs as WYY stock trades near its 52-week high of $18.00, following a remarkable 424% gain over the past year.
Following the sale, Mr. Dzyak directly holds 125,436 shares of WIDEPOINT common stock. Additionally, he holds 9,714 stock options, granting him the right to buy common stock at an exercise price of $1.82 per share. These options are scheduled to expire on August 4, 2028. The stock options were granted pursuant to the issuer’s Amended and Restated 2008 Stock Incentive Plan and will vest in full at the third anniversary of the date of grant.
In other recent news, WidePoint Corporation reported its Q1 2026 earnings, showcasing a notable improvement with an earnings per share (EPS) of $0.01, which exceeded the anticipated loss of $0.055. The company also reported revenue of $40.6 million for the quarter, surpassing the forecast of $39.82 million. This performance was attributed to increased carrier services revenue and enhanced operational efficiencies.
Additionally, AmerX initiated coverage on WidePoint with a buy rating and set a price target of $22.55. The firm based its valuation on a 1.0x price-to-sales multiple relative to its fiscal 2028 revenue estimate of $223 million. Furthermore, WidePoint held its annual shareholder meeting, where Phil Garfinkle was elected as a Class II director for a three-year term until the 2029 meeting. These developments reflect the company’s recent activities and strategic decisions.