WideOpenWest, Inc. (NYSE:WOW) CEO Sells $10,225.00 in Stock

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

WideOpenWest Price Performance

Shares of NYSE:WOW opened at $4.60 on Thursday. The business’s fifty day moving average price is $5.08 and its two-hundred day moving average price is $5.20. The stock has a market cap of $389.97 million, a PE ratio of -4.11 and a beta of 1.48. The company has a debt-to-equity ratio of 4.41, a quick ratio of 0.58 and a current ratio of 0.58. WideOpenWest, Inc. has a one year low of $2.31 and a one year high of $5.80.

WideOpenWest (NYSE:WOW) last posted its quarterly earnings data on Monday, November 4th. The company reported ($0.27) earnings per share (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 for the quarter, compared to analyst estimates of $157.46 million. During the same quarter last year, the business earned ($1.29) EPS. WideOpenWest’s revenue for the quarter was down 8.7% compared to the same quarter last year. On average, analysts forecast that WideOpenWest, Inc. will post -0.72 EPS for the current fiscal year.

Institutional Investors Weigh In On WideOpenWest

Several hedge funds have recently made changes to their positions in WOW. Bank of New York Mellon Corp boosted its holdings in shares of WideOpenWest by 5.0% during the second quarter. Bank of New York Mellon Corp now owns 172,598 shares of the company’s stock worth $934,000 after purchasing an additional 8,204 shares during the last quarter. Gabelli Funds LLC boosted its holdings in shares of WideOpenWest by 91.8% during the second quarter. Gabelli Funds LLC now owns 1,516,931 shares of the company’s stock worth $8,207,000 after purchasing an additional 726,000 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of WideOpenWest during the second quarter worth $546,000. Luxor Capital Group LP raised its position in shares of WideOpenWest by 583.4% in the 2nd quarter. Luxor Capital Group LP now owns 431,670 shares of the company’s stock worth $2,335,000 after buying an additional 368,508 shares during the period. Finally, SkyView Investment Advisors LLC raised its position in shares of WideOpenWest by 11.6% in the 2nd quarter. SkyView Investment Advisors LLC now owns 82,526 shares of the company’s stock worth $446,000 after buying an additional 8,570 shares during the period. Institutional investors and hedge funds 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.