General Communication Inc. (NASDAQ:GNCMA) SVP Paul E. Landes sold 3,840 shares of the business’s stock in a transaction that occurred on Wednesday, September 21st. The stock was sold at an average price of $13.50, for a total transaction of $51,840.00. Following the completion of the transaction, the senior vice president now owns 75,620 shares of the company’s stock, valued at $1,020,870. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Shares of General Communication Inc. (NASDAQ:GNCMA) opened at 13.41 on Monday. The firm’s 50-day moving average is $13.30 and its 200-day moving average is $15.68. General Communication Inc. has a 52 week low of $12.26 and a 52 week high of $22.44. The stock has a market capitalization of $497.75 million, a price-to-earnings ratio of 74.50 and a beta of 1.13.
About General Communication
General Communication, Inc is a holding company. The Company, together with its subsidiaries, is a diversified communications provider with operations primarily in the State of Alaska. The Company provides a range of wireless, data, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under its GCI brand.
Receive News & Ratings for General Communication Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Communication Inc. and related companies with MarketBeat.com's FREE daily email newsletter.