Teresa L. Elder Sells 2,045 Shares of WideOpenWest, Inc. (NYSE:WOW) Stock

WideOpenWest, Inc. (NYSE:WOW) CEO Teresa L. Elder sold 2,045 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $5.00, for a total value of $10,225.00. Following the completion of the sale, the chief executive officer now owns 1,513,742 shares of the company’s stock, valued at approximately $7,568,710. This trade represents a 0.13 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

WideOpenWest Trading Down 1.9 %

NYSE:WOW opened at $4.61 on Wednesday. The company’s 50 day moving average is $5.09 and its 200-day moving average is $5.21. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 4.41. WideOpenWest, Inc. has a 12 month low of $2.31 and a 12 month high of $5.80. The firm has a market cap of $390.81 million, a price-to-earnings ratio of -4.12 and a beta of 1.48.

WideOpenWest (NYSE:WOW) last announced its earnings results on Monday, November 4th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.17). The firm had revenue of $158.00 million during the quarter, compared to the consensus estimate of $157.46 million. WideOpenWest had a negative return on equity of 22.83% and a negative net margin of 14.17%. The business’s revenue was down 8.7% compared to the same quarter last year. During the same quarter last year, the business earned ($1.29) EPS. Equities analysts anticipate that WideOpenWest, Inc. will post -0.72 EPS for the current year.

Institutional Trading of WideOpenWest

Several hedge funds have recently added to or reduced their stakes in the business. Empowered Funds LLC boosted its position in shares of WideOpenWest by 5.4% in the third quarter. Empowered Funds LLC now owns 42,168 shares of the company’s stock valued at $221,000 after acquiring an additional 2,144 shares during the period. SkyView Investment Advisors LLC raised its stake in WideOpenWest by 2.7% during the 3rd quarter. SkyView Investment Advisors LLC now owns 84,781 shares of the company’s stock valued at $445,000 after purchasing an additional 2,255 shares during the last quarter. State Street Corp raised its stake in WideOpenWest by 0.3% during the 3rd quarter. State Street Corp now owns 1,048,205 shares of the company’s stock valued at $5,503,000 after purchasing an additional 2,838 shares during the last quarter. Algert Global LLC boosted its holdings in WideOpenWest by 9.5% in the 2nd quarter. Algert Global LLC now owns 33,436 shares of the company’s stock valued at $181,000 after purchasing an additional 2,896 shares during the period. Finally, Creative Planning grew its position in WideOpenWest by 21.5% in the 3rd quarter. Creative Planning now owns 27,737 shares of the company’s stock worth $146,000 after purchasing an additional 4,905 shares during the last quarter. 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.