Straight Path Communications (NASDAQ:STRP) Director William F. Weld sold 2,000 shares of the business’s stock in a transaction dated Friday, October 14th. The shares were sold at an average price of $30.90, for a total value of $61,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Straight Path Communications (NASDAQ:STRP) opened at 29.86 on Wednesday. The stock has a 50 day moving average price of $25.69 and a 200-day moving average price of $28.49. The company’s market capitalization is $362.41 million. Straight Path Communications has a one year low of $7.62 and a one year high of $50.00.
Straight Path Communications Company Profile
Straight Path Communications Inc is a communications asset company. The Company’s businesses consist of interest in Straight Path Spectrum, Inc (Straight Path Spectrum) and Straight Path IP Group, Inc (Straight Path IP Group). The Company has two business segments: Straight Path Spectrum, which holds, leases and sells fixed wireless spectrum, and Straight Path IP Group, which holds intellectual property primarily related to communications over the Internet and the licensing and other businesses related to this intellectual property.
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