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 WideOpenWest 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 sale, the chief executive officer now directly owns 1,513,742 shares in the company, valued at $7,568,710. The trade was a 0.13 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

WideOpenWest Stock Down 1.9 %

Shares of WOW stock opened at $4.61 on Wednesday. WideOpenWest, Inc. has a one year low of $2.31 and a one year high of $5.80. The company has a debt-to-equity ratio of 4.41, a current ratio of 0.58 and a quick ratio of 0.58. The stock has a fifty day moving average price of $5.09 and a 200 day moving average price of $5.21. The stock has a market cap of $390.81 million, a P/E ratio of -4.12 and a beta of 1.48.

WideOpenWest (NYSE:WOW) last released its quarterly earnings data on Monday, November 4th. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $157.46 million. During the same period in the previous year, the business posted ($1.29) earnings per share. WideOpenWest’s revenue was down 8.7% on a year-over-year basis. Analysts predict that WideOpenWest, Inc. will post -0.72 earnings per share for the current year.

Institutional Investors Weigh In On WideOpenWest

A number of institutional investors have recently added to or reduced their stakes in WOW. Burns Matteson Capital Management LLC acquired a new position in shares of WideOpenWest in the 3rd quarter worth approximately $57,000. Corsair Capital Management L.P. acquired a new position in WideOpenWest during the third quarter worth $63,000. Intech Investment Management LLC acquired a new position in WideOpenWest during the third quarter worth $69,000. Wedmont Private Capital bought a new position in shares of WideOpenWest during the third quarter valued at $86,000. Finally, Assenagon Asset Management S.A. bought a new stake in shares of WideOpenWest in the 3rd quarter worth about $110,000. 87.77% of the stock is owned by institutional investors and hedge funds.

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.