General Communication Inc (GNCMA) Files Form 4 Insider Selling : Paul E Landes Sells 3,840 Shares

General Communication Inc (GNCMA): Paul E Landes , SVP & GM, Consumer Services of General Communication Inc sold 3,840 shares on Sep 21, 2016. The Insider selling transaction was reported by the company on Sep 22, 2016 to the Securities and Exchange Commission. The shares were sold at $13.50 per share for a total value of $51,840.00 , 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 24, 2016, Tina Pidgeon (Gen Coun,Chief Comp Off, SVP) sold 2,095 shares at $12.63 per share price.On Mar 10, 2016, Gregory Pearce (VP & GM Business Services) sold 12,756 shares at $19.00 per share price.Also, On Mar 9, 2016, Scott Michael Fisher (director) sold 511,716 shares at $0.00 per share price.On Mar 9, 2016, Ronald A Duncan (President) purchased 511,716 shares at $0.00 per share price.

Shares of General Communication (GNCMA) ended Tuesday, Sep 21, 2016 session in red amid volatile trading. The shares closed down -0.06 points or -0.44% at $13.43 with 1,01,047 shares getting traded. Post opening the session at $13.51, the shares hit an intraday low of $13.41 and an intraday high of $13.64 and the price vacillated in this range throughout the day. The company has a market cap of $498 M and the number of outstanding shares has been calculated to be 3,71,18,000 shares. The 52-week high of General Communication is $22.435 and the 52-week low is $12.26.

General Communication Money Flow Index Chart

General Communication Inc. is a holding company. The Company together with its subsidiaries is a diversified communications provider with operations primarily in the State of Alaska. The Company operates two segments: Wireless and Wireline. The Company’s fiber network employs digital transmission technology over its fiber optic facilities within Alaska and between Alaska and the lower 48 states. Its facilities include digital undersea fiber optic cable systems linking its Alaska terrestrial networks to the networks of other carriers in the lower 48 states a terrestrial fiber optic cable system connecting Anchorage and Fairbanks Alaska and a terrestrial fiber optic cable system that extends from Prudhoe Bay Alaska to Valdez Alaska via Fairbanks Alaska.

Leave a Reply

General Communication - Is it time to Sell?

Top Brokerage Firms are advising their investors on General Communication. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.