General Communication, Inc. (NASDAQ:GNCMA) EVP G Wilson Hughes sold 3,630 shares of General Communication stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $42.16, for a total transaction of $153,040.80. Following the sale, the executive vice president now owns 654,925 shares of the company’s stock, valued at $27,611,638. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Shares of General Communication, Inc. (NASDAQ:GNCMA) opened at $40.44 on Friday. General Communication, Inc. has a 12-month low of $16.33 and a 12-month high of $43.63. The company has a debt-to-equity ratio of -511.65, a quick ratio of 1.19 and a current ratio of 1.24.

TRADEMARK VIOLATION NOTICE: “General Communication, Inc. (GNCMA) EVP Sells $153,040.80 in Stock” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this article on another domain, it was stolen and republished in violation of U.S. & international copyright law. The original version of this article can be viewed at https://www.thecerbatgem.com/2017/11/12/general-communication-inc-gncma-evp-sells-153040-80-in-stock.html.

Hedge funds have recently bought and sold shares of the company. Farallon Capital Management LLC acquired a new position in shares of General Communication during the 2nd quarter worth approximately $23,412,000. Ratan Capital Management LP acquired a new position in shares of General Communication during the 2nd quarter worth approximately $12,213,000. CNH Partners LLC acquired a new position in shares of General Communication during the 2nd quarter worth approximately $9,671,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of General Communication during the 2nd quarter worth approximately $9,524,000. Finally, Tocqueville Asset Management L.P. acquired a new position in shares of General Communication during the 3rd quarter worth approximately $8,799,000. Institutional investors own 64.07% of the company’s stock.

Separately, Drexel Hamilton upgraded shares of General Communication from a “sell” rating to a “hold” rating in a research report on Thursday, November 2nd.

General Communication Company Profile

General Communication, Inc is a holding company. The Company, together with its subsidiaries, is a communications provider with operations primarily in the State of Alaska. The Company provides a range of wireless, data, video, voice and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under its GCI brand.

Insider Buying and Selling by Quarter for General Communication (NASDAQ:GNCMA)

Receive News & Stock Ratings for General Communication Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Communication Inc. and related stocks with our FREE daily email newsletter.