WideOpenWest, Inc. (WOW) CEO Teresa L. Elder Buys 25,465 Shares

WideOpenWest, Inc. (NYSE:WOW) CEO Teresa L. Elder bought 25,465 shares of the stock in a transaction dated Monday, December 18th. The stock was acquired at an average price of $9.82 per share, with a total value of $250,066.30. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of WideOpenWest, Inc. (NYSE WOW) traded up $0.62 on Thursday, reaching $10.43. The company’s stock had a trading volume of 547,365 shares, compared to its average volume of 320,986. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of -8.37. WideOpenWest, Inc. has a 12-month low of $8.64 and a 12-month high of $18.83.

WideOpenWest (NYSE:WOW) last issued its earnings results on Monday, November 13th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.17. The company had revenue of $297.80 million for the quarter, compared to the consensus estimate of $302.00 million. The business’s quarterly revenue was down 4.3% compared to the same quarter last year. equities analysts predict that WideOpenWest, Inc. will post 0.77 earnings per share for the current year.

Large investors have recently added to or reduced their stakes in the company. Crestview Partners III GP L.P. bought a new position in shares of WideOpenWest during the 2nd quarter valued at about $431,828,000. TimesSquare Capital Management LLC acquired a new stake in WideOpenWest in the 2nd quarter valued at approximately $32,481,000. Zweig DiMenna Associates LLC acquired a new stake in WideOpenWest in the 2nd quarter valued at approximately $2,989,000. Northern Trust Corp acquired a new stake in WideOpenWest in the 2nd quarter valued at approximately $1,790,000. Finally, Schroder Investment Management Group acquired a new stake in WideOpenWest in the 2nd quarter valued at approximately $14,918,000. Institutional investors and hedge funds own 53.79% of the company’s stock.

WOW has been the subject of a number of research reports. Royal Bank of Canada restated a “buy” rating and issued a $20.00 target price on shares of WideOpenWest in a research note on Monday, September 18th. Zacks Investment Research upgraded WideOpenWest from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a research note on Thursday, November 16th. UBS lowered their target price on WideOpenWest from $21.00 to $19.00 and set a “buy” rating for the company in a research note on Tuesday, November 14th. Finally, SunTrust Banks reiterated a “buy” rating and issued a $18.00 price target on shares of WideOpenWest in a report on Tuesday, November 14th. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $18.25.

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WideOpenWest Company Profile

WideOpenWest, Inc is a cable operator in the United States. The Company provides high-speed data (HSD), cable television (Video), digital telephony (Telephony) and business-class services. The Company’s products are available either as a bundle or as an individual service to residential and business services customers.

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