WideOpenWest, Inc. (NYSE:WOW) Shares Bought by Creative Planning

Creative Planning grew its position in shares of WideOpenWest, Inc. (NYSE:WOW) by 21.5% in the third quarter, Holdings Channel reports. The institutional investor owned 27,737 shares of the company’s stock after buying an additional 4,905 shares during the period. Creative Planning’s holdings in WideOpenWest were worth $146,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. BNP Paribas Financial Markets raised its position in WideOpenWest by 33.3% during the first quarter. BNP Paribas Financial Markets now owns 54,088 shares of the company’s stock worth $196,000 after acquiring an additional 13,505 shares during the last quarter. Empowered Funds LLC purchased a new position in shares of WideOpenWest in the 1st quarter valued at $134,000. Gamco Investors INC. ET AL lifted its position in WideOpenWest by 6.4% during the 1st quarter. Gamco Investors INC. ET AL now owns 1,333,157 shares of the company’s stock worth $4,826,000 after acquiring an additional 80,060 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in WideOpenWest during the 1st quarter worth $79,000. Finally, Price T Rowe Associates Inc. MD increased its holdings in WideOpenWest by 23.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 14,616 shares of the company’s stock worth $53,000 after purchasing an additional 2,732 shares during the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Teresa L. Elder sold 20,000 shares of the stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $5.12, for a total value of $102,400.00. Following the completion of the sale, the chief executive officer now directly owns 1,535,787 shares of the company’s stock, valued at approximately $7,863,229.44. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.00% of the stock is currently owned by company insiders.

WideOpenWest Price Performance

Shares of NYSE WOW opened at $5.53 on Wednesday. WideOpenWest, Inc. has a 1-year low of $2.31 and a 1-year high of $5.80. The firm has a market capitalization of $468.83 million, a PE ratio of -4.94 and a beta of 1.49. The company has a debt-to-equity ratio of 4.41, a current ratio of 0.58 and a quick ratio of 0.62. The business’s fifty day moving average price is $5.25 and its two-hundred day moving average price is $5.14.

WideOpenWest (NYSE:WOW) last issued its quarterly earnings data on Monday, November 4th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.17). WideOpenWest had a negative return on equity of 22.83% and a negative net margin of 14.17%. The business had revenue of $158.00 million for the quarter, compared to analyst estimates of $157.46 million. During the same quarter in the prior year, the firm posted ($1.29) earnings per share. The business’s quarterly revenue was down 8.7% on a year-over-year basis. On average, research analysts expect that WideOpenWest, Inc. will post -0.61 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Benchmark decreased their target price on WideOpenWest from $8.00 to $7.50 and set a “buy” rating for the company in a research report on Monday, August 26th.

About WideOpenWest

WideOpenWest, Inc provides high speed data, cable television, and digital telephony services to residential and business services customers in the United States. The company's video services include basic cable services that comprise local broadcast television and local community programming; digital cable services; WOW tv+ that offers traditional cable video and cloud DVR functionality, voice remote with Google Assistant, and Netflix integration along with access to various streaming services and apps through the Google Play Store; and commercial-free movies, TV shows, sports, and other special event entertainment programs.