The SVP, GC & Sec of CommScope Holding (NASDAQ: COMM) is Buying Shares


Today, the SVP, GC & Sec of CommScope Holding (NASDAQ: COMM), Frank Wyatt, bought shares of COMM for $251.8K.

Following this transaction Frank Wyatt’s holding in the company was increased by 14.2% to a total of $2.03 million. In addition to Frank Wyatt, one other COMM executive reported Buy trades in the last month.

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COMM’s market cap is $5.19B and the company has a P/E ratio of 28.58. Currently, CommScope Holding has an average volume of 2.58M.

17 different firms, including Barclays and Merrill Lynch, currently also have a Buy rating on the stock. Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $38.71, reflecting a -25.2% downside.

The insider sentiment on CommScope Holding has been negative according to 49 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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CommScope Holding Co., Inc. engages in the provision of infrastructure solution for the core, access, and edge layers of communication networks. It operates through CommScope Connectivity Solutions (CCS), and CommScope Mobility Solutions (CMS) segments.

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