Insider Selling: Martin Cary Sells 12,378 Shares of General Communication Stock (GNCMA)
General Communication (NASDAQ:GNCMA) VP Martin Cary sold 12,378 shares of General Communication stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of $11.48, for a total value of $142,099.44. Following the completion of the transaction, the vice president now directly owns 28,501 shares of the company’s stock, valued at approximately $327,191. The sale was disclosed in a legal filing with the SEC, which is available at this link.
General Communication (NASDAQ:GNCMA) traded down 0.43% during mid-day trading on Friday, hitting $11.50. The stock had a trading volume of 170,661 shares. General Communication has a one year low of $7.67 and a one year high of $11.75. The stock has a 50-day moving average of $10.31 and a 200-day moving average of $9.51. The company has a market cap of $465.3 million and a price-to-earnings ratio of 28.45.
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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