West Corp. (NASDAQ:WSTC) major shareholder Mary E. West bought 77,319 shares of the business’s stock in a transaction that occurred on Monday, November 7th. The stock was purchased at an average cost of $22.04 per share, for a total transaction of $1,704,110.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Shares of West Corp. (NASDAQ:WSTC) opened at 22.89 on Friday. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 10.33 and a beta of 1.55. The firm has a 50-day moving average of $21.47 and a 200 day moving average of $21.76. West Corp. has a 12-month low of $17.26 and a 12-month high of $25.82.

West Corp. (NASDAQ:WSTC) last released its quarterly earnings data on Tuesday, November 1st. The company reported $0.76 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.76. The business earned $571.40 million during the quarter, compared to analysts’ expectations of $573.71 million. West Corp. had a net margin of 8.17% and a negative return on equity of 45.79%. The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the previous year, the company earned $0.80 EPS. Equities analysts forecast that West Corp. will post $2.99 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for West Corp. (NASDAQ:WSTC)

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 23rd. Stockholders of record on Monday, November 14th will be given a dividend of $0.225 per share. The ex-dividend date of this dividend is Wednesday, November 9th. This represents a $0.90 annualized dividend and a dividend yield of 3.93%. West Corp.’s dividend payout ratio (DPR) is currently 40.54%.

Several equities analysts recently issued reports on WSTC shares. Deutsche Bank AG upped their target price on West Corp. from $23.00 to $26.00 and gave the company a “buy” rating in a research report on Wednesday, August 3rd. Zacks Investment Research raised West Corp. from a “sell” rating to a “hold” rating in a research report on Saturday, August 6th. Finally, William Blair reissued a “buy” rating on shares of West Corp. in a research report on Monday. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $26.00.

Several large investors have recently added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in West Corp. by 1.2% in the third quarter. BlackRock Inc. now owns 11,817 shares of the company’s stock valued at $261,000 after buying an additional 145 shares during the period. Emerald Mutual Fund Advisers Trust boosted its stake in West Corp. by 2.0% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 20,365 shares of the company’s stock valued at $450,000 after buying an additional 398 shares during the period. Teacher Retirement System of Texas boosted its stake in West Corp. by 13.8% in the second quarter. Teacher Retirement System of Texas now owns 6,403 shares of the company’s stock valued at $126,000 after buying an additional 775 shares during the period. California State Teachers Retirement System boosted its stake in West Corp. by 0.9% in the third quarter. California State Teachers Retirement System now owns 91,421 shares of the company’s stock valued at $2,019,000 after buying an additional 800 shares during the period. Finally, Strs Ohio boosted its stake in West Corp. by 2.2% in the second quarter. Strs Ohio now owns 41,000 shares of the company’s stock valued at $806,000 after buying an additional 900 shares during the period. 55.08% of the stock is owned by institutional investors and hedge funds.

West Corp. Company Profile

West Corporation (West) is a global provider of technology-enabled communication services. The Company offers a range of communication and network infrastructure solutions that helps to manage or support communications. The Company operates through four segments: Unified Communications Services, which includes collaboration services, Unified Communications as a Service (UCaaS) and telecom services; Safety Services, which includes 9-1-1 network services, 9-1-1 telephony systems and services, 9-1-1 solutions for enterprises and database management; Interactive Services, which includes notifications and mobility, interactive voice response (IVR) self-service, cloud contact center and professional services, and Specialized Agent Services, which includes healthcare advocacy services, cost management services and revenue generation.

5 Day Chart for NASDAQ:WSTC

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