WideOpenWest, Inc. (NYSE:WOW) CEO Teresa L. Elder Sells 19,111 Shares of Stock

WideOpenWest, Inc. (NYSE:WOW) CEO Teresa L. Elder sold 19,111 shares of WideOpenWest stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $5.00, for a total value of $95,555.00. Following the completion of the transaction, the chief executive officer now directly owns 1,636,676 shares of the company’s stock, valued at approximately $8,183,380. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

WideOpenWest Stock Performance

Shares of NYSE WOW opened at $4.64 on Wednesday. The firm’s 50-day moving average price is $3.59 and its 200-day moving average price is $4.02. WideOpenWest, Inc. has a 52-week low of $2.31 and a 52-week high of $9.06. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 3.55.

WideOpenWest (NYSE:WOW) last issued its earnings results on Wednesday, March 13th. The company reported ($0.08) earnings per share (EPS) for the quarter. The company had revenue of $168.80 million during the quarter, compared to analysts’ expectations of $171.13 million. WideOpenWest had a negative return on equity of 12.32% and a negative net margin of 41.90%. As a group, equities analysts predict that WideOpenWest, Inc. will post -0.6 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Benchmark restated a “buy” rating and set a $8.00 price objective on shares of WideOpenWest in a research note on Thursday, March 14th.

Institutional Trading of WideOpenWest

A number of hedge funds have recently bought and sold shares of WOW. Bfsg LLC bought a new stake in shares of WideOpenWest during the 4th quarter valued at about $39,000. Tower Research Capital LLC TRC boosted its holdings in shares of WideOpenWest by 655.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 12,669 shares of the company’s stock worth $51,000 after buying an additional 10,991 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in WideOpenWest by 44.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,343 shares of the company’s stock valued at $62,000 after buying an additional 4,704 shares during the period. Dark Forest Capital Management LP purchased a new stake in WideOpenWest during the third quarter valued at approximately $135,000. Finally, HighPoint Advisor Group LLC bought a new position in WideOpenWest in the fourth quarter worth approximately $73,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

WideOpenWest Company Profile

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.