WideOpenWest, Inc. (NYSE:WOW - Get Free Report) insider Don Schena sold 10,000 shares of the stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $5.00, for a total transaction of $50,000.00. Following the completion of the transaction, the insider now owns 286,413 shares in the company, valued at $1,432,065. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
WideOpenWest Price Performance
Shares of NYSE WOW opened at $4.64 on Wednesday. WideOpenWest, Inc. has a 52-week low of $2.31 and a 52-week high of $9.06. The business has a 50-day moving average price of $3.59 and a 200 day moving average price of $4.02. The company has a debt-to-equity ratio of 3.55, a current ratio of 0.65 and a quick ratio of 0.65.
WideOpenWest (NYSE:WOW - Get Free Report) last posted its quarterly earnings data on Wednesday, March 13th. The company reported ($0.08) earnings per share for the quarter. The firm had revenue of $168.80 million during the quarter, compared to analyst estimates of $171.13 million. WideOpenWest had a negative net margin of 41.90% and a negative return on equity of 12.32%. Equities analysts predict that WideOpenWest, Inc. will post -0.6 EPS for the current year.
Institutional Inflows and Outflows
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A number of institutional investors have recently bought and sold shares of the business. LB Partners LLC purchased a new position in shares of WideOpenWest during the fourth quarter worth about $12,053,000. Private Management Group Inc. grew its stake in shares of WideOpenWest by 126.9% in the 4th quarter. Private Management Group Inc. now owns 997,008 shares of the company's stock valued at $4,038,000 after purchasing an additional 557,653 shares during the last quarter. Readystate Asset Management LP acquired a new position in shares of WideOpenWest in the fourth quarter valued at approximately $1,718,000. LGT Capital Partners LTD. raised its stake in shares of WideOpenWest by 70.1% during the fourth quarter. LGT Capital Partners LTD. now owns 910,000 shares of the company's stock worth $3,686,000 after purchasing an additional 375,000 shares during the last quarter. Finally, Heartland Advisors Inc. lifted its holdings in shares of WideOpenWest by 97.0% during the third quarter. Heartland Advisors Inc. now owns 1,004,150 shares of the company's stock worth $7,682,000 after purchasing an additional 494,300 shares during the period. 87.77% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, Benchmark restated a "buy" rating and issued a $8.00 target price on shares of WideOpenWest in a report on Thursday, March 14th.
Read Our Latest Analysis on WOW
About WideOpenWest
(
Get Free Report)
WideOpenWest, Inc provides high speed data, cable television, and digital telephony services to residential and business services customers in the United States. The company's video services include basic cable services that comprise local broadcast television and local community programming; digital cable services; WOW tv+ that offers traditional cable video and cloud DVR functionality, voice remote with Google Assistant, and Netflix integration along with access to various streaming services and apps through the Google Play Store; and commercial-free movies, TV shows, sports, and other special event entertainment programs.
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