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General Communication (NASDAQ:GNCMA) CEO G Wilson Hughes sold 41,256 shares of the stock on the open market in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $11.35, for a total value of $468,255.60. Following the sale, the chief executive officer now directly owns 874,008 shares in the company, valued at approximately $9,919,991. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

A number of analysts have recently weighed in on GNCMA shares. Analysts at Zacks downgraded shares of General Communication from a “neutral” rating to an “underperform” rating in a research note on Monday, May 5th. They now have a $10.20 price target on the stock. Analysts at Raymond James downgraded shares of General Communication from an “outperform” rating to a “market perform” rating in a research note on Friday, March 7th. They now have a $11.00 price target on the stock. They noted that the move was a valuation call.

Shares of General Communication (NASDAQ:GNCMA) traded down 0.35% during mid-day trading on Tuesday, hitting $11.35. 136,653 shares of the company’s stock traded hands. General Communication has a 52 week low of $7.67 and a 52 week high of $11.75. The stock has a 50-day moving average of $10.84 and a 200-day moving average of $10.49. The company has a market cap of $471.3 million and a price-to-earnings ratio of 56.11.

General Communication (NASDAQ:GNCMA) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.05 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.06) by $0.11. On average, analysts predict that General Communication will post $0.15 earnings per share for the current fiscal year.

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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