Insider Selling: General Communication VP Sells 2,458 Shares of Stock (GNCMA)
General Communication (NASDAQ:GNCMA) VP Martin Cary sold 2,458 shares of the stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $11.71, for a total transaction of $28,783.18. Following the sale, the vice president now directly owns 40,879 shares of the company’s stock, valued at approximately $478,693. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of General Communication (NASDAQ:GNCMA) traded down 1.55% on Thursday, hitting $11.44. 159,556 shares of the company’s stock traded hands. General Communication has a one year low of $7.67 and a one year high of $11.75. The stock’s 50-day moving average is $10.19 and its 200-day moving average is $9.47. The company has a market cap of $462.9 million and a price-to-earnings ratio of 28.62.
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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