WideOpenWest Inc (NYSE:WOW) Director Crestview Partners Iii Gp, L.P purchased 226,635 shares of the stock in a transaction that occurred on Tuesday, March 19th. The stock was bought at an average price of $9.32 per share, with a total value of $2,112,238.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Crestview Partners Iii Gp, L.P also recently made the following trade(s):

  • On Thursday, March 14th, Crestview Partners Iii Gp, L.P purchased 193,108 shares of WideOpenWest stock. The stock was bought at an average price of $8.19 per share, with a total value of $1,581,554.52.

NYSE:WOW opened at $9.22 on Thursday. The stock has a market capitalization of $781.96 million, a price-to-earnings ratio of 8.02 and a beta of 1.82. WideOpenWest Inc has a 1-year low of $6.03 and a 1-year high of $12.91.

WideOpenWest (NYSE:WOW) last posted its quarterly earnings data on Thursday, March 7th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.02). The firm had revenue of $285.40 million during the quarter, compared to analysts’ expectations of $292.53 million. WideOpenWest had a negative net margin of 11.33% and a negative return on equity of 24.96%. The business’s quarterly revenue was down 2.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.32 earnings per share. As a group, equities research analysts predict that WideOpenWest Inc will post 0.91 earnings per share for the current year.

Several analysts recently issued reports on WOW shares. Zacks Investment Research upgraded WideOpenWest from a “hold” rating to a “buy” rating and set a $9.00 price target for the company in a report on Saturday, January 12th. B. Riley set a $16.00 price target on WideOpenWest and gave the company a “buy” rating in a report on Wednesday, November 28th. ValuEngine downgraded WideOpenWest from a “hold” rating to a “sell” rating in a report on Saturday, December 1st. Finally, Credit Suisse Group lowered their price target on WideOpenWest from $11.50 to $9.50 and set a “neutral” rating for the company in a report on Friday, March 8th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. WideOpenWest has a consensus rating of “Hold” and a consensus target price of $13.42.

Large investors have recently bought and sold shares of the business. Renaissance Technologies LLC bought a new position in shares of WideOpenWest during the third quarter worth about $2,263,000. JPMorgan Chase & Co. lifted its position in shares of WideOpenWest by 7,767.6% during the third quarter. JPMorgan Chase & Co. now owns 488,343 shares of the company’s stock worth $5,474,000 after purchasing an additional 482,136 shares during the last quarter. G&S Capital LLC bought a new position in shares of WideOpenWest during the fourth quarter worth about $311,000. MetLife Investment Advisors LLC lifted its position in shares of WideOpenWest by 55.2% during the third quarter. MetLife Investment Advisors LLC now owns 23,872 shares of the company’s stock worth $268,000 after purchasing an additional 8,486 shares during the last quarter. Finally, Prudential Financial Inc. raised its stake in WideOpenWest by 196.3% during the third quarter. Prudential Financial Inc. now owns 107,669 shares of the company’s stock worth $1,207,000 after acquiring an additional 71,332 shares during the period. 60.83% of the stock is owned by institutional investors.

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WideOpenWest Company Profile

WideOpenWest, Inc provides high speed data, cable television, and digital telephony services to residential and business services customers in the United States. Its video services include basic cable services that comprise local broadcast television and local community programming; digital cable services; and ultra-video products, as well as offers commercial-free movies, sports, and other special event entertainment programs.

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