WideOpenWest, Inc. (NYSE:WOW) Stock Holdings Trimmed by Quadrature Capital Ltd

Quadrature Capital Ltd reduced its position in WideOpenWest, Inc. (NYSE:WOW) by 74.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,615 shares of the company’s stock after selling 48,063 shares during the quarter. Quadrature Capital Ltd’s holdings in WideOpenWest were worth $87,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Innealta Capital LLC bought a new position in shares of WideOpenWest during the second quarter valued at approximately $25,000. Burns Matteson Capital Management LLC acquired a new stake in WideOpenWest during the 3rd quarter valued at $57,000. Corsair Capital Management L.P. acquired a new position in shares of WideOpenWest in the third quarter worth $63,000. Intech Investment Management LLC acquired a new position in shares of WideOpenWest in the third quarter worth $69,000. Finally, Price T Rowe Associates Inc. MD increased its position in WideOpenWest by 23.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 14,616 shares of the company’s stock worth $53,000 after buying an additional 2,732 shares during the last quarter. 87.77% of the stock is owned by institutional investors.

WideOpenWest Stock Performance

NYSE WOW opened at $5.03 on Friday. The firm has a market cap of $425.99 million, a price-to-earnings ratio of -4.49 and a beta of 1.50. The company has a 50 day moving average of $5.19 and a 200-day moving average of $5.24. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 4.41. WideOpenWest, Inc. has a 1-year low of $2.31 and a 1-year high of $5.80.

WideOpenWest (NYSE:WOW) last issued its quarterly earnings results on Monday, November 4th. The company reported ($0.27) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.17). The company had revenue of $158.00 million during the quarter, compared to analyst estimates of $157.46 million. WideOpenWest had a negative net margin of 14.17% and a negative return on equity of 22.83%. The business’s revenue for the quarter was down 8.7% on a year-over-year basis. During the same period in the prior year, the business earned ($1.29) EPS. On average, equities analysts forecast that WideOpenWest, Inc. will post -0.72 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

Insider Activity at WideOpenWest

In related news, CEO Teresa L. Elder sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The shares were 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 owns 1,535,787 shares of the company’s stock, valued at $7,863,229.44. This trade represents a 1.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 4.00% of the stock is currently owned by company insiders.

WideOpenWest Profile

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.