Consolidated Communications Holdings CFO Steven L. Childers Sells 2,500 Shares (CNSL)
Consolidated Communications Holdings (NASDAQ:CNSL) CFO Steven L. Childers unloaded 2,500 shares of Consolidated Communications Holdings stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $19.25, for a total value of $48,125.00. Following the completion of the sale, the chief financial officer now directly owns 86,433 shares of the company’s stock, valued at approximately $1,663,835. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Consolidated Communications Holdings (NASDAQ:CNSL) traded up 0.37% on Friday, hitting $18.91. The stock had a trading volume of 40,528 shares. Consolidated Communications Holdings has a 52 week low of $15.83 and a 52 week high of $20.42. The stock has a 50-day moving average of $19.4 and a 200-day moving average of $18.37. The company has a market cap of $758.5 million and a price-to-earnings ratio of 25.60.
Separately, analysts at Jefferies Group initiated coverage on shares of Consolidated Communications Holdings in a research note on Thursday, December 19th. They set a “buy” rating on the stock.
Consolidated Communications Holdings, Inc (NASDAQ:CNSL) is a rural local exchange carrier (RLEC) offering a range of telecommunications services to residential and business customers in Illinois, Texas and Pennsylvania.
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