Straight Path Communications Inc (NYSEAMERICAN:STRP) CEO Davidi Jonas sold 131,337 shares of the firm’s stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $181.41, for a total value of $23,825,845.17. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Straight Path Communications Inc (STRP) traded up $0.14 on Thursday, reaching $181.49. 109,740 shares of the company’s stock were exchanged, compared to its average volume of 212,301. Straight Path Communications Inc has a twelve month low of $26.89 and a twelve month high of $235.88.
Separately, BidaskClub raised shares of Straight Path Communications from a “strong sell” rating to a “sell” rating in a research note on Tuesday, September 26th.
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About Straight Path Communications
Straight Path Communications Inc is a communications asset company. The Company owns Straight Path Spectrum, Inc (Straight Path Spectrum), Straight Path Ventures, LLC (Straight Path Ventures), and Straight Path IP Group, Inc (Straight Path IP Group). The Company’s segments include Straight Path Spectrum, Straight Path Ventures and Straight Path IP Group.
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