Charter Communications, Inc. /mo/ (CHTR): John Bickham , President and COO of Charter Communications, Inc. /mo/ sold 36,825 shares on Aug 16, 2016. The Insider selling transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were sold at $257.02 per share for a total value of $9,464,960.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 19, 2016, Mauricio Ramos (director) purchased 1,000 shares at $255.00 per share price.On Aug 15, 2016, Richard R Dykhouse (EVP/Gen Counsel/Corp Secretary) sold 8,380 shares at $256.73 per share price.Also, On Aug 15, 2016, Jonathan Hargis (EVP/Chief Marketing Officer) sold 7,233 shares at $253.21 per share price.On Aug 15, 2016, Craig A Jacobson (director) sold 3,000 shares at $258.15 per share price.
Charter Communications: On Monday, Sep 12, 2016 heightened volatility was witnessed in Charter Communications which led to swings in the share price. The shares opened for trading at $263.76 and hit $269.7 on the upside , eventually ending the session at $269.31, with a gain of 1.97% or 5.19 points. The heightened volatility saw the trading volume jump to 2,537,003 shares. The 52-week high of the share price is $279.95 and the company has a market cap of $72,964 M . The 52-week low of the share price is at $172.67198.
Company has been under the radar of several Street Analysts.Charter Communications is Resumed by Guggenheim to Buy and the brokerage firm has set the Price Target at $300. The Rating was issued on Aug 29, 2016.Charter Communications is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 265 from a previous price target of $238 .The Rating was issued on Aug 16, 2016.Charter Communications is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 300 from a previous price target of $285 .The Rating was issued on Aug 11, 2016.Charter Communications is Reiterated by Pivotal Research Group to Buy and the brokerage firm has raised the Price Target to $ 290 from a previous price target of $285 .The Rating was issued on Aug 10, 2016.Charter Communications is Initiated by BofA/Merrill to Buy and the brokerage firm has set the Price Target at $300. The Rating was issued on Aug 2, 2016.
Charter Communications Inc. (Charter) is a provider of cable services in the United States offering a variety of entertainment information and communications solutions to residential and commercial customers. The Company sells its video Internet and voice services primarily on a subscription basis often in a bundle of two or more services. The Company provides broadband communications solutions to business and carrier organizations such as video entertainment services Internet access business telephone services data networking and fiber connectivity to cellular towers and office buildings. Through its hybrid fiber and coaxial cable network the Company offers its customers traditional cable video services as well as advanced video services Internet services and voice services. The Companys voice services are primarily provided using voice over Internet protocol (VoIP) technology to transmit digital voice signals over the Companys systems.