United States Cellular (NYSE:AD) Upgraded by Wall Street Zen to “Buy” Rating

Wall Street Zen upgraded shares of United States Cellular (NYSE:AD) from a hold rating to a buy rating in a research report sent to investors on Saturday.

United States Cellular Stock Up 1.4%

AD stock opened at $76.06 on Friday. The stock has a market capitalization of $6.47 billion, a P/E ratio of -253.52 and a beta of 0.38. United States Cellular has a fifty-two week low of $51.78 and a fifty-two week high of $79.17. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.71 and a current ratio of 1.87.

Insider Activity at United States Cellular

In related news, CEO Douglas W. Chambers sold 93,300 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $75.77, for a total value of $7,069,341.00. Following the completion of the transaction, the chief executive officer directly owned 17,600 shares of the company’s stock, valued at $1,333,552. This represents a 84.13% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Harry J. Harczak, Jr. sold 1,960 shares of the firm’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $76.20, for a total value of $149,352.00. Following the completion of the sale, the director owned 19,374 shares in the company, valued at approximately $1,476,298.80. This represents a 9.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by company insiders.

United States Cellular Company Profile

United States Cellular Corporation provides wireless telecommunications services in the United States. The company offers wireless services, including voice, messaging, and data services. It also provides devices, such as smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and internet of things devices.