Windstream Holdings Inc (NYSE:WIN) Director Anthony W. Thomas bought 25,381 shares of the firm’s stock in a transaction that occurred on Thursday, August 17th. The shares were acquired at an average cost of $1.97 per share, with a total value of $50,000.57. Following the purchase, the director now directly owns 637,006 shares of the company’s stock, valued at $1,254,901.82. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

Windstream Holdings Inc (NYSE:WIN) traded up 3.13% on Friday, hitting $1.98. The stock had a trading volume of 4,738,544 shares. The company’s market cap is $377.84 million. The stock has a 50 day moving average price of $3.23 and a 200 day moving average price of $5.04. Windstream Holdings Inc has a 1-year low of $1.87 and a 1-year high of $10.46.

Windstream Holdings (NYSE:WIN) last released its quarterly earnings results on Thursday, August 3rd. The company reported ($0.37) earnings per share for the quarter, beating the consensus estimate of ($0.45) by $0.08. The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.50 billion. Windstream Holdings’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.01 earnings per share. On average, equities research analysts expect that Windstream Holdings Inc will post ($1.98) EPS for the current fiscal year.

Windstream Holdings declared that its board has authorized a stock repurchase plan on Thursday, August 3rd that permits the company to buyback $90.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 19.9% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

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WIN has been the subject of a number of research reports. Zacks Investment Research cut Windstream Holdings from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 2nd. Citigroup Inc. reduced their price objective on Windstream Holdings from $5.25 to $4.00 and set a “neutral” rating for the company in a research note on Thursday, July 13th. Morgan Stanley reissued an “equal weight” rating and issued a $5.00 price objective (down previously from $9.00) on shares of Windstream Holdings in a research note on Wednesday, June 14th. Jefferies Group LLC reissued a “hold” rating and issued a $2.50 price objective (down previously from $5.00) on shares of Windstream Holdings in a research note on Wednesday, August 9th. Finally, UBS AG reissued a “sell” rating and issued a $2.00 price objective (down previously from $4.00) on shares of Windstream Holdings in a research note on Monday, August 14th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. Windstream Holdings presently has a consensus rating of “Hold” and an average price target of $4.89.

Several institutional investors have recently added to or reduced their stakes in the stock. United Capital Financial Advisers LLC boosted its position in Windstream Holdings by 0.5% in the first quarter. United Capital Financial Advisers LLC now owns 22,981 shares of the company’s stock valued at $125,000 after buying an additional 110 shares during the last quarter. BNP Paribas Arbitrage SA boosted its position in Windstream Holdings by 2.8% in the second quarter. BNP Paribas Arbitrage SA now owns 46,347 shares of the company’s stock valued at $180,000 after buying an additional 1,257 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in Windstream Holdings by 11.1% in the first quarter. Nisa Investment Advisors LLC now owns 27,392 shares of the company’s stock valued at $149,000 after buying an additional 2,726 shares during the last quarter. Isthmus Partners LLC boosted its position in Windstream Holdings by 2.7% in the first quarter. Isthmus Partners LLC now owns 106,730 shares of the company’s stock valued at $582,000 after buying an additional 2,837 shares during the last quarter. Finally, Menta Capital LLC boosted its position in Windstream Holdings by 1.3% in the second quarter. Menta Capital LLC now owns 310,359 shares of the company’s stock valued at $1,204,000 after buying an additional 3,916 shares during the last quarter.

Windstream Holdings Company Profile

Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its ILEC Consumer and Small Business segment offers consumer services, including high-speed Internet access; Internet security services; online backup services; basic local telephone services and long-distance services, as well as call waiting, caller identification, call forwarding, and other services; and video services, as well as owns and operates cable television franchises, and sells and leases equipment to support its consumer high-speed Internet and voice services.

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