Cincinnati Bell Inc (CBB): Theodore H. Torbeck , CEO of Cincinnati Bell Inc purchased 33,033 shares on Feb 22, 2016. The Insider buying transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were purchased at $3.05 per share for a total value of $100,750.65 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Leigh R. Fox (CFO) purchased 3,212 shares at $3.07 per share price.On Feb 23, 2016, Theodore H. Torbeck (CEO) purchased 33,033 shares at $3.05 per share price.Also, On Nov 12, 2015, Phillip R Cox (director) sold 60,525 shares at $3.72 per share price.On Aug 18, 2015, Christopher J Wilson (VP, General Counsel) sold 73,993 shares at $3.93 per share price.
Cincinnati Bell: On Wednesday, May 25, 2016 heightened volatility was witnessed in Cincinnati Bell which led to swings in the share price. The shares opened for trading at $3.71 and hit $3.79 on the upside , eventually ending the session at $3.75, with a gain of 0.54% or 0.02 points. The heightened volatility saw the trading volume jump to 4,48,205 shares. The 52-week high of the share price is $4.16 and the company has a market cap of $788 M . The 52-week low of the share price is at $2.8.
Cincinnati Bell Inc. along with its consolidated subsidiaries is a provider of integrated communications solutions in the Greater Cincinnati area. The Company has operations within three segments: Wireline IT Services and Hardware and Wireless. The Wireline segment provides products and services such as data transport high-speed internet entertainment local voice long distance VoIP and other services. The IT Services and Hardware segment provides managed IT solutions including managed infrastructure services IT and telephony equipment sales and professional IT staffing services. Cincinnati Bell Wireless LLC provides digital wireless voice and data communications services through the operation of a Global System for Mobile Communications/General Packet Radio Service network with a 3G Universal Mobile Telecommunications System and 4G High Speed Packet Access+ network overlay which is able to provide high-speed data services such as streaming video.