Aristides Capital LLC Purchases New Position in WideOpenWest, Inc. (NYSE:WOW)

Aristides Capital LLC purchased a new stake in shares of WideOpenWest, Inc. (NYSE:WOWFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 47,689 shares of the company’s stock, valued at approximately $193,000. Aristides Capital LLC owned about 0.06% of WideOpenWest as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Bfsg LLC acquired a new stake in WideOpenWest in the 4th quarter valued at about $39,000. Tower Research Capital LLC TRC increased its position in WideOpenWest by 655.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 12,669 shares of the company’s stock valued at $51,000 after acquiring an additional 10,991 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in WideOpenWest by 44.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,343 shares of the company’s stock valued at $62,000 after acquiring an additional 4,704 shares in the last quarter. Dark Forest Capital Management LP acquired a new stake in WideOpenWest in the 3rd quarter valued at about $135,000. Finally, RPO LLC acquired a new stake in WideOpenWest in the 4th quarter valued at about $86,000. 87.77% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other WideOpenWest news, CEO Teresa L. Elder sold 19,111 shares of the company’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $5.00, for a total value of $95,555.00. Following the transaction, the chief executive officer now directly owns 1,636,676 shares in the company, valued at $8,183,380. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, insider Don Schena sold 10,000 shares of the company’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $5.00, for a total value of $50,000.00. Following the transaction, the insider now directly owns 286,413 shares in the company, valued at $1,432,065. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Teresa L. Elder sold 19,111 shares of the company’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $5.00, for a total transaction of $95,555.00. Following the completion of the transaction, the chief executive officer now owns 1,636,676 shares in the company, valued at $8,183,380. The disclosure for this sale can be found here. Over the last three months, insiders have sold 30,000 shares of company stock valued at $150,009. 4.00% of the stock is currently owned by corporate insiders.

WideOpenWest Stock Performance

Shares of NYSE WOW opened at $5.08 on Friday. The firm has a 50 day moving average price of $4.22 and a 200 day moving average price of $3.90. The company has a debt-to-equity ratio of 3.89, a quick ratio of 0.66 and a current ratio of 0.66. WideOpenWest, Inc. has a 52-week low of $2.31 and a 52-week high of $9.06.

WideOpenWest (NYSE:WOWGet Free Report) last announced its quarterly earnings data on Tuesday, May 7th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.03). WideOpenWest had a negative return on equity of 7.43% and a negative net margin of 39.16%. The business had revenue of $161.50 million during the quarter, compared to the consensus estimate of $161.40 million. During the same period in the prior year, the firm earned ($0.46) EPS. The business’s revenue for the quarter was down 6.2% compared to the same quarter last year. On average, sell-side analysts forecast that WideOpenWest, Inc. will post -0.75 EPS for the current year.

Wall Street Analysts Forecast Growth

WOW has been the subject of several analyst reports. Benchmark reiterated a “buy” rating and set a $8.00 price target on shares of WideOpenWest in a research report on Thursday, March 14th. Raymond James cut shares of WideOpenWest from an “outperform” rating to a “market perform” rating in a research report on Wednesday, May 8th.

Get Our Latest Stock Report on WideOpenWest

WideOpenWest Profile

(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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Institutional Ownership by Quarter for WideOpenWest (NYSE:WOW)

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