Today it was reported that the SVP of Charter Communications (CHTR), Kevin Howard, exercised options to sell 14,197 CHTR shares at $51.60 a share, for a total transaction value of $4.87M.
Following Kevin Howard’s last CHTR Sell transaction on May 13, 2013, the stock climbed by 229.0%. In addition to Kevin Howard, 2 other CHTR executives reported Sell trades in the last month.
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Based on Charter Communications’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $11.23 billion and quarterly net profit of $296 million. In comparison, last year the company earned revenue of $10.6 billion and had a net profit of $9.55 billion. CHTR’s market cap is $76.78B and the company has a P/E ratio of 64.90. Currently, Charter Communications has an average volume of 1.2M.
Based on 11 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $386.33, reflecting a 12.5% upside.
The insider sentiment on Charter Communications has been negative according to 27 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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Charter Communications, Inc. provides broadband communications services. Its services include Spectrum TV, Spectrum Internet access, and Spectrum Voice. It offers business-to-business Internet access, data networking, business telephone, video and music entertainment services and wireless backhaul. It operates through Cable Services segment.
