Teresa L. Elder Sells 2,045 Shares of WideOpenWest, Inc. (NYSE:WOW) Stock

WideOpenWest, Inc. (NYSE:WOW) CEO Teresa L. Elder sold 2,045 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $5.00, for a total transaction of $10,225.00. Following the completion of the transaction, the chief executive officer now owns 1,513,742 shares in the company, valued at $7,568,710. This represents a 0.13 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

WideOpenWest Trading Down 1.9 %

WideOpenWest stock traded down $0.09 during trading hours on Monday, reaching $4.71. The stock had a trading volume of 217,950 shares, compared to its average volume of 296,483. The stock has a market cap of $399.29 million, a PE ratio of -4.21 and a beta of 1.48. The company has a fifty day simple moving average of $5.11 and a 200-day simple moving average of $5.21. The company has a debt-to-equity ratio of 4.41, a current ratio of 0.58 and a quick ratio of 0.58. WideOpenWest, Inc. has a 52 week low of $2.31 and a 52 week high of $5.80.

WideOpenWest (NYSE:WOW) last announced its quarterly earnings results on Monday, November 4th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.17). WideOpenWest had a negative net margin of 14.17% and a negative return on equity of 22.83%. The business had revenue of $158.00 million for the quarter, compared to analysts’ expectations of $157.46 million. During the same quarter in the prior year, the firm earned ($1.29) EPS. The firm’s revenue for the quarter was down 8.7% on a year-over-year basis. Analysts forecast that WideOpenWest, Inc. will post -0.72 EPS for the current fiscal year.

Institutional Trading of WideOpenWest

Several large investors have recently bought and sold shares of WOW. DRW Securities LLC purchased a new position in shares of WideOpenWest in the 3rd quarter valued at approximately $1,190,000. XTX Topco Ltd purchased a new position in WideOpenWest during the 3rd quarter valued at about $594,000. Gabelli Funds LLC boosted its stake in WideOpenWest by 91.8% during the second quarter. Gabelli Funds LLC now owns 1,516,931 shares of the company’s stock worth $8,207,000 after acquiring an additional 726,000 shares in the last quarter. Pekin Hardy Strauss Inc. purchased a new stake in WideOpenWest in the third quarter worth about $587,000. Finally, Walleye Capital LLC bought a new stake in shares of WideOpenWest in the 3rd quarter worth approximately $1,162,000. 87.77% of the stock is owned by institutional investors.

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.