Consolidated Communications Holdings, Inc. (CNSL) Files Form 4 Insider Buying : Dale E Parker Buys 1,000 Shares

Consolidated Communications Holdings, Inc. (CNSL): Dale E Parker , director of Consolidated Communications Holdings, Inc. purchased 1,000 shares on Sep 9, 2016. The Insider buying transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $24.00 per share for a total value of $24,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 13, 2016, Steven L Childers (Chief Financial Officer) sold 10,000 shares at $28.20 per share price.On May 16, 2016, Robert J Currey (director) sold 10,000 shares at $25.75 per share price.Also, On Mar 8, 2016, Dale E Parker (director) purchased 1,200 shares at $24.28 per share price.On Mar 3, 2016, C Robert Jr Udell (President & CEO) sold 14,000 shares at $23.16 per share price.

Consolidated Communications Holdings Inc: On Monday, Sep 12, 2016 heightened volatility was witnessed in Consolidated Communications Holdings Inc which led to swings in the share price. The shares opened for trading at $23.26 and hit $24.11 on the upside , eventually ending the session at $24.07, with a gain of 2.82% or 0.66 points. The heightened volatility saw the trading volume jump to 225,655 shares. The 52-week high of the share price is $28.78 and the company has a market cap of $1,219 M . The 52-week low of the share price is at $17.76.

Consolidated Communications Holdings Inc Money Flow Index Chart

On Aug 1, 2016, Consolidated Communications Holdings Inc announced a cash dividend of $0.3874. The company’s management has announced Oct 12, 2016 as the ex-dividend date and fixed the record date on Oct 14, 2016. The payable date has been fixed on Nov 1, 2016.

Company has been under the radar of several Street Analysts.Consolidated Communications Holdings Inc is Downgraded by Raymond James to Underperform. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on Aug 5, 2016.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 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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