Consolidated Communications Holdings, Inc. (CNSL): Steven L Childers , Chief Financial Officer of Consolidated Communications Holdings, Inc. sold 10,000 shares on Jul 11, 2016. The Insider selling transaction was reported by the company on Jul 13, 2016 to the Securities and Exchange Commission. The shares were sold at $28.20 per share for a total value of $282,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 16, 2016, Robert J Currey (director) sold 10,000 shares at $25.75 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 Monday, Jul 11, 2016 session in red amid volatile trading. The shares closed down -0.15 points or -0.53% at $28.21 with 3,92,846 shares getting traded. Post opening the session at $28.2, the shares hit an intraday low of $27.79 and an intraday high of $28.325 and the price vacillated in this range throughout the day. The company has a market cap of $1,429 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 $28.4 and the 52-week low is $17.76.
Company has been under the radar of several Street Analysts.Consolidated Communications Holdings Inc is Downgraded by Drexel Hamilton to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jun 27, 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 Companys 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).