Insider Selling: WideOpenWest, Inc. (NYSE:WOW) CEO Sells $102,400.00 in Stock

WideOpenWest, Inc. (NYSE:WOW) CEO Teresa L. Elder sold 20,000 shares of the firm’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $5.12, for a total value of $102,400.00. Following the completion of the sale, the chief executive officer now directly owns 1,535,787 shares of the company’s stock, valued at approximately $7,863,229.44. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

WideOpenWest Stock Down 0.8 %

WOW opened at $5.61 on Friday. The company has a current ratio of 0.58, a quick ratio of 0.62 and a debt-to-equity ratio of 4.41. WideOpenWest, Inc. has a one year low of $2.31 and a one year high of $7.88. The business’s fifty day moving average is $5.24 and its two-hundred day moving average is $5.08.

WideOpenWest (NYSE:WOW) last released its quarterly earnings data on Monday, November 4th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.17). WideOpenWest had a negative return on equity of 22.83% and a negative net margin of 14.17%. The business had revenue of $158.00 million during the quarter, compared to analysts’ expectations of $157.46 million. During the same quarter in the prior year, the firm earned ($1.29) earnings per share. WideOpenWest’s quarterly revenue was down 8.7% on a year-over-year basis. As a group, equities analysts forecast that WideOpenWest, Inc. will post -0.61 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Benchmark reduced their price objective on shares of WideOpenWest from $8.00 to $7.50 and set a “buy” rating for the company in a research note on Monday, August 26th.

Institutional Trading of WideOpenWest

Several institutional investors and hedge funds have recently modified their holdings of the business. Innealta Capital LLC acquired a new position in shares of WideOpenWest during the 2nd quarter worth approximately $25,000. Burns Matteson Capital Management LLC acquired a new position in shares of WideOpenWest in the third quarter worth $57,000. Price T Rowe Associates Inc. MD raised its holdings in shares of WideOpenWest by 23.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 14,616 shares of the company’s stock worth $53,000 after acquiring an additional 2,732 shares during the last quarter. Wedmont Private Capital purchased a new stake in shares of WideOpenWest in the third quarter valued at $86,000. Finally, Bayesian Capital Management LP acquired a new stake in shares of WideOpenWest during the first quarter valued at $72,000. 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.