Consolidated Communications Holdings, Inc. (CNSL) Files Form 4 Insider Selling : Robert J Currey Sells 10,000 Shares

Consolidated Communications Holdings, Inc. (CNSL): Robert J Currey , director of Consolidated Communications Holdings, Inc. sold 10,000 shares on May 12, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $25.75 per share for a total value of $257,500.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 30, 2016, Robert J Currey (director) sold 5,000 shares at $25.00 per share price.On Mar 8, 2016, Dale E Parker (director) purchased 1,200 shares at $24.28 per share price.Also, On Mar 3, 2016, C Robert Jr Udell (President & CEO) sold 14,000 shares at $23.16 per share price.On Mar 1, 2016, Steven L Childers (Chief Financial Officer) sold 5,000 shares at $23.25 per share price.

Shares of Consolidated Communications Holdings Inc (CNSL) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.18 points or -0.69% at $25.8 with 2,55,597 shares getting traded. Post opening the session at $26.04, the shares hit an intraday low of $25.75 and an intraday high of $26.215 and the price vacillated in this range throughout the day. The company has a market cap of $1,307 M and the number of outstanding shares has been calculated to be 5,06,54,989 shares. The 52-week high of Consolidated Communications Holdings Inc is $26.215 and the 52-week low is $17.76.

Consolidated Communications Holdings Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Consolidated Communications Holdings Inc is Downgraded by DA Davidson to Underperform and the brokerage firm has set the Price Target at $22. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 4, 2016.

Consolidated Communications Holdings Inc. (Consolidated) is a holding company with operating subsidiaries that provide a range of communications services in consumer commercial and carrier channels. The Company offers local calling services; network access services; video data and Internet services; long-distance services and other services. The Company’s local calling services include traditional wireline telephone service and other basic services. It offers network access services such as interstate and intrastate switched access and network special access services. The Company offers video data and Internet services to residential and business customers. The Company offers long-distance services such as traditional domestic and international long distance services. Its other services include telephone directory publishing wholesale transport services billing and collection services inside wiring service and maintenance and equipment sales (Business Systems).

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