Alphaone Investment Services buys $5,452,883 stake in GTT Communications Inc (GTT)

GTT Communications Inc (GTT) : Alphaone Investment Services scooped up 6,730 additional shares in GTT Communications Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 261,906 shares of GTT Communications Inc which is valued at $5,452,883.GTT Communications Inc makes up approximately 2.08% of Alphaone Investment Services’s portfolio.

Other Hedge Funds, Including , Schwab Charles Investment Management Inc reduced its stake in GTT by selling 7,853 shares or 8.2% in the most recent quarter. The Hedge Fund company now holds 87,968 shares of GTT which is valued at $1,831,494.Granahan Investment Management Incma boosted its stake in GTT in the latest quarter, The investment management firm added 3,000 additional shares and now holds a total of 175,006 shares of GTT Communications Inc which is valued at $3,643,625. GTT Communications Inc makes up approx 0.12% of Granahan Investment Management Incma’s portfolio.United Services Automobile Association boosted its stake in GTT in the latest quarter, The investment management firm added 3,000 additional shares and now holds a total of 92,100 shares of GTT Communications Inc which is valued at $1,917,522. GTT Communications Inc makes up approx 0.01% of United Services Automobile Association’s portfolio. Tci Wealth Advisors added GTT to its portfolio by purchasing 29 company shares during the most recent quarter which is valued at $608.Kalmar Investments Inc De boosted its stake in GTT in the latest quarter, The investment management firm added 197,264 additional shares and now holds a total of 544,109 shares of GTT Communications Inc which is valued at $11,170,558. GTT Communications Inc makes up approx 0.48% of Kalmar Investments Inc De’s portfolio.

GTT Communications Inc closed down -0.32 points or -1.51% at $20.91 with 1,90,645 shares getting traded on Thursday. Post opening the session at $21.22, the shares hit an intraday low of $20.18 and an intraday high of $21.22 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

GTT Communications Inc. (GTT) operates a global Tier 1 Internet protocol (IP) network with interconnected Ethernet service platforms around the world. The Company provides cloud networking services. The Company provides services in over 100 countries. GTT has deployed network assets in North America Europe and Asia to provide Internet Access IP transit and Ethernet transport services. GTT’s core network consists of a global Layer 2 switched Ethernet diversely routed 10 gigabyte (Gb) mesh network as well as IP transit or Internet access through approximately 200 Points of Presence (PoPs) delivering cloud networking services to enterprise Government and wholesale customers. GTT has network connectivity in United States cities and European cities and Ethernet hubs with various carriers and multiple peering connections to other Tier 1 IP providers. The Company offers a range of managed services.

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