Lumos Networks Corp. (LMOS): Joseph E. Jr. Mccourt , EVP & Chief Revenue Officer of Lumos Networks Corp. sold 2,000 shares on May 18, 2016. The Insider selling transaction was reported by the company on May 20, 2016 to the Securities and Exchange Commission. The shares were sold at $12.57 per share for a total value of $25,140.00 , 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 17, 2016, Diego B Anderson (SVP & General Manager) sold 3,000 shares at $12.16 per share price.On Mar 11, 2016, Thomas E Ferry (Chief Technology Officer) sold 7,248 shares at $12.38 per share price.Also, On Mar 11, 2016, Robert E Guth (director) purchased 10,000 shares at $12.43 per share price.On Mar 10, 2016, Joseph E. Jr. Mccourt (EVP & Chief Revenue Officer) sold 6,000 shares at $12.75 per share price.
Lumos Networks Corp: On Thursday, May 19, 2016 heightened volatility was witnessed in Lumos Networks Corp which led to swings in the share price. The shares opened for trading at $12.49 and hit $12.82 on the upside , eventually ending the session at $12.62, with a gain of 0.56% or 0.07 points. The heightened volatility saw the trading volume jump to 81,951 shares. The 52-week high of the share price is $15.76 and the company has a market cap of $293,831 M . The 52-week low of the share price is at $10.18.
Lumos Networks Corp. is a fiber-based bandwidth infrastructure and service provider in the Mid-Atlantic region with a network of long-haul fiber metro Ethernet and Ethernet rings located primarily in Virginia and West Virginia and portions of Maryland Pennsylvania Ohio and Kentucky. The Company serves carrier business and residential customers over its fiber network offering data voice and Internet protocol (IP) services. The Company operates through three segments: Data Residential and Small Business (R&SB) and RLEC Access. The Data segment includes the Company’s enterprise data transport and Fiber to the Cell (FTTC) product groups. The R&SB segment includes legacy voice and IP services products targeted to its residential and small business customers. The RLEC Access segment provides carrier customers access to the Company’s network within the Company’s RLEC footprint and primarily includes switched access services.