The SR VP-Wireline & Engineering of Shenandoah Telecommunications Co (SHEN) is Selling Shares


Today, the SR VP-Wireline & Engineering of Shenandoah Telecommunications Co (SHEN), Edward Mckay, sold shares of SHEN for $95.6K.

Following Edward Mckay’s last SHEN Sell transaction on August 24, 2018, the stock climbed by 10.0%. In addition to Edward Mckay, 5 other SHEN executives reported Sell trades in the last month.

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Based on Shenandoah Telecommunications Co’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $159 million and quarterly net profit of $15.53 million. In comparison, last year the company earned revenue of $157 million and had a net profit of $3.53 million. SHEN’s market cap is $2.37B and the company has a P/E ratio of 26.87. Currently, Shenandoah Telecommunications Co has an average volume of 13.69K.

In the last 30 days, insiders have sold $1.52M worth of SHEN shares and purchased $1,370 worth of SHEN shares. The insider sentiment on Shenandoah Telecommunications Co has been negative according to 98 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Shenandoah Telecommunications Co. operates as a holding company, which engages in the provision of regulated and unregulated telecommunication services to end-user customers and other telecommunications providers. It offers voice, video and data communications services. It operates through the following segments: Wireless, Cable, Wireline and Others.

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