Today, the SVP of CommScope, Inc. of CommScope Holding (NASDAQ: COMM), Peter Karlsson, bought shares of COMM for $298.3K.
This recent transaction increases Peter Karlsson’s holding in the company by 24.5% to a total of $1.52 million. In addition to Peter Karlsson, 8 other COMM executives reported Buy trades in the last month.
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COMM’s market cap is $5.54B and the company has a P/E ratio of 30.51. Currently, CommScope Holding has an average volume of 942.2K.
17 different firms, including Barclays and Merrill Lynch, currently also have a Buy rating on the stock. Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $37.75, reflecting a -22.4% downside.
The insider sentiment on CommScope Holding has been positive according to 55 insider trades in the past three months. This sentiment is slightly higher 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.
