Today, the VP Legal & General Counsel of Shenandoah Telecommunications Co (SHEN), Raymond Ostroski, bought shares of SHEN for $108.9K.
Following this transaction Raymond Ostroski’s holding in the company was increased by 8.91% to a total of $1.33 million. This is Ostroski’s first Buy trade following 6 Sell transactions.
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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 $152 million and had a net profit of $60.6 million. SHEN’s market cap is $2.48B and the company has a P/E ratio of 28.17. Currently, Shenandoah Telecommunications Co has an average volume of 141.1K.
The insider sentiment on Shenandoah Telecommunications Co has been negative according to 105 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.
