Insider Selling: Lynda Tarbath Unloads 6,684 Shares of General Communication Stock (GNCMA)
General Communication (NASDAQ:GNCMA) CAO Lynda Tarbath sold 6,684 shares of the company’s stock on the open market in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $9.30, for a total transaction of $62,161.20. Following the sale, the chief accounting officer now directly owns 64,655 shares in the company, valued at approximately $601,292. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of General Communication (NASDAQ:GNCMA) traded down 0.21% on Tuesday, hitting $9.50. 79,469 shares of the company’s stock traded hands. General Communication has a one year low of $7.36 and a one year high of $10.43. The stock’s 50-day moving average is $9.19 and its 200-day moving average is $9.02. The company has a market cap of $386.6 million and a price-to-earnings ratio of 34.00.
Provides transmission of interstate and intrastate private line and switched message long distance telephone service between Anchorage, Fairbanks, Juneau and other communities in Alaska, the continental United States, and foreign countries.
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