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

WideOpenWest, Inc. (NYSE:WOW) CEO Teresa L. Elder sold 2,045 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $5.00, for a total transaction of $10,225.00. Following the sale, the chief executive officer now directly owns 1,513,742 shares of the company’s stock, valued at $7,568,710. This trade represents a 0.13 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

WideOpenWest Stock Down 1.9 %

Shares of WOW stock traded down $0.09 during mid-day trading on Monday, hitting $4.71. The company’s stock had a trading volume of 217,950 shares, compared to its average volume of 296,483. The stock has a market cap of $399.29 million, a price-to-earnings ratio of -4.21 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 52-week low of $2.31 and a 52-week high of $5.80. The business has a 50-day moving average price of $5.11 and a 200 day moving average price of $5.21.

WideOpenWest (NYSE:WOW) last posted its earnings results 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). The company had revenue of $158.00 million for the quarter, compared to the consensus estimate of $157.46 million. WideOpenWest had a negative net margin of 14.17% and a negative return on equity of 22.83%. WideOpenWest’s revenue was down 8.7% on a year-over-year basis. During the same quarter in the prior year, the company posted ($1.29) EPS. Research analysts predict that WideOpenWest, Inc. will post -0.72 EPS for the current fiscal year.

Institutional Investors Weigh In On WideOpenWest

A number of large investors have recently added to or reduced their stakes in the stock. Empowered Funds LLC boosted its stake in shares of WideOpenWest by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 42,168 shares of the company’s stock worth $221,000 after buying an additional 2,144 shares during the last quarter. SkyView Investment Advisors LLC grew its position in WideOpenWest by 2.7% during the third quarter. SkyView Investment Advisors LLC now owns 84,781 shares of the company’s stock valued at $445,000 after buying an additional 2,255 shares during the period. State Street Corp raised its position in WideOpenWest by 0.3% in the third quarter. State Street Corp now owns 1,048,205 shares of the company’s stock worth $5,503,000 after acquiring an additional 2,838 shares during the period. Algert Global LLC boosted its stake in shares of WideOpenWest by 9.5% during the 2nd quarter. Algert Global LLC now owns 33,436 shares of the company’s stock worth $181,000 after acquiring an additional 2,896 shares during the last quarter. Finally, Creative Planning increased its stake in shares of 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 in the last quarter. Institutional investors own 87.77% of the company’s stock.

About WideOpenWest

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.