Don Schena Sells 10,000 Shares of WideOpenWest, Inc. (NYSE:WOW) Stock

WideOpenWest, Inc. (NYSE:WOW) insider Don Schena sold 10,000 shares of the stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $5.00, for a total value of $50,000.00. Following the completion of the sale, the insider now owns 286,413 shares of the company’s stock, valued at approximately $1,432,065. The sale was disclosed in a filing with the SEC, which is accessible through this link.

WideOpenWest Price Performance

NYSE WOW traded down $0.20 on Tuesday, reaching $4.64. The company had a trading volume of 2,592,684 shares, compared to its average volume of 678,182. The stock has a market capitalization of $386.56 million, a PE ratio of -1.31 and a beta of 1.39. WideOpenWest, Inc. has a 12 month low of $2.31 and a 12 month high of $9.06. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 3.55. The firm’s 50 day moving average price is $3.58 and its 200 day moving average price is $4.04.

WideOpenWest (NYSE:WOW) last issued its earnings results on Wednesday, March 13th. The company reported ($0.08) earnings per share (EPS) for the quarter. WideOpenWest had a negative return on equity of 12.32% and a negative net margin of 41.90%. The firm had revenue of $168.80 million during the quarter, compared to the consensus estimate of $171.13 million. As a group, equities analysts predict that WideOpenWest, Inc. will post -0.6 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Benchmark reissued a “buy” rating and set a $8.00 target price on shares of WideOpenWest in a research note on Thursday, March 14th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC purchased a new position in WideOpenWest during the 3rd quarter valued at $182,000. Raymond James & Associates grew its holdings in shares of WideOpenWest by 8.8% in the third quarter. Raymond James & Associates now owns 42,038 shares of the company’s stock worth $322,000 after purchasing an additional 3,397 shares during the last quarter. Private Management Group Inc. increased its stake in WideOpenWest by 63.2% in the 3rd quarter. Private Management Group Inc. now owns 439,355 shares of the company’s stock worth $3,361,000 after buying an additional 170,105 shares during the period. Barclays PLC lifted its holdings in WideOpenWest by 177.0% during the 3rd quarter. Barclays PLC now owns 96,269 shares of the company’s stock valued at $737,000 after buying an additional 61,512 shares in the last quarter. Finally, Heartland Advisors Inc. boosted its position in WideOpenWest by 97.0% in the 3rd quarter. Heartland Advisors Inc. now owns 1,004,150 shares of the company’s stock valued at $7,682,000 after buying an additional 494,300 shares during the period. 87.77% of the stock is owned by hedge funds and other institutional investors.

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.