WideOpenWest Inc (NYSE:WOW) major shareholder Avista Capital Managing Member sold 1,440,293 shares of the stock in a transaction on Tuesday, March 20th. The stock was sold at an average price of $7.16, for a total value of $10,312,497.88. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of WideOpenWest stock traded down $0.26 during mid-day trading on Thursday, hitting $7.43. The stock had a trading volume of 524,012 shares, compared to its average volume of 570,042. WideOpenWest Inc has a 12 month low of $7.03 and a 12 month high of $18.83. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of -10.90.
Several analysts have recently commented on the company. SunTrust Banks decreased their target price on WideOpenWest to $13.00 and set a “buy” rating on the stock in a report on Thursday, March 15th. ValuEngine cut WideOpenWest from a “hold” rating to a “sell” rating in a report on Thursday, March 15th. Royal Bank of Canada cut WideOpenWest from an “outperform” rating to a “sector perform” rating and set a $20.00 target price on the stock. in a report on Wednesday. UBS cut WideOpenWest from a “buy” rating to a “neutral” rating and set a $19.00 target price on the stock. in a report on Thursday, March 15th. Finally, Zacks Investment Research cut WideOpenWest from a “hold” rating to a “strong sell” rating in a report on Saturday, March 17th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Hold” and an average price target of $18.00.
WARNING: This report was first posted by Ticker Report and is owned by of Ticker Report. If you are reading this report on another website, it was copied illegally and reposted in violation of US & international copyright and trademark law. The original version of this report can be accessed at https://www.tickerreport.com/banking-finance/3289356/wideopenwest-inc-wow-major-shareholder-avista-capital-managing-member-sells-1440293-shares-of-stock.html.
WideOpenWest, Inc is a cable operator in the United States. The Company provides high-speed data (HSD), cable television (Video), digital telephony (Telephony) and business-class services. The Company’s products are available either as a bundle or as an individual service to residential and business services customers.
Receive News & Ratings for WideOpenWest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WideOpenWest and related companies with MarketBeat.com's FREE daily email newsletter.