West Corporation (NASDAQ:WSTC) insider Rodney J. Kempkes sold 1,160 shares of the firm’s stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $23.15, for a total value of $26,854.00. Following the transaction, the insider now directly owns 62,275 shares of the company’s stock, valued at approximately $1,441,666.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of West Corporation (NASDAQ:WSTC) traded down 0.04% on Friday, reaching $23.21. The company had a trading volume of 514,842 shares. The company has a 50 day moving average price of $23.62 and a 200 day moving average price of $24.32. West Corporation has a 52-week low of $18.55 and a 52-week high of $28.57. The stock has a market capitalization of $1.94 billion, a PE ratio of 9.71 and a beta of 1.59.

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

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WSTC has been the subject of several recent research reports. Zacks Investment Research raised West Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, April 6th. Robert W. Baird cut West Corporation from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $28.00 to $24.00 in a report on Wednesday, May 10th. Wells Fargo & Company restated a “market perform” rating and set a $23.50 price objective on shares of West Corporation in a report on Wednesday, May 10th. Deutsche Bank AG cut West Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, May 10th. Finally, William Blair cut West Corporation from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 10th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $25.10.

Several institutional investors have recently bought and sold shares of the stock. BlackRock Inc. boosted its stake in shares of West Corporation by 1.2% in the third quarter. BlackRock Inc. now owns 11,817 shares of the technology company’s stock worth $261,000 after buying an additional 145 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in shares of West Corporation by 1.1% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 1,275,192 shares of the technology company’s stock worth $28,156,000 after buying an additional 14,486 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of West Corporation during the third quarter worth about $223,000. Analytic Investors LLC acquired a new stake in shares of West Corporation during the third quarter worth about $913,000. Finally, Bessemer Group Inc. boosted its stake in shares of West Corporation by 1.0% in the fourth quarter. Bessemer Group Inc. now owns 29,600 shares of the technology company’s stock worth $733,000 after buying an additional 300 shares in the last quarter. Institutional investors and hedge funds own 74.17% of the company’s stock.

About West Corporation

West Corporation is a provider of communication and network infrastructure services. The Company helps its clients communicate, collaborate and connect with their audiences through a portfolio of solutions that include unified communications services, safety services, and interactive services, such as automated notifications, specialized agent services and telecom services.

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