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Hawaiian Telcom Holdco (NASDAQ:HCOM) major shareholder Twin Haven Capital Partners, L acquired 18,000 shares of the stock on the open market in a transaction dated Thursday, May 29th. The stock was purchased at an average cost of $26.92 per share, with a total value of $484,560.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Separately, analysts at Zacks downgraded shares of Hawaiian Telcom Holdco from a “neutral” rating to an “underperform” rating in a research note on Monday, May 12th. They now have a $24.50 price target on the stock.

Hawaiian Telcom Holdco (NASDAQ:HCOM) traded down 2.43% during mid-day trading on Monday, hitting $27.25. 20,756 shares of the company’s stock traded hands. Hawaiian Telcom Holdco has a 52-week low of $22.51 and a 52-week high of $30.61. The stock has a 50-day moving average of $26.21 and a 200-day moving average of $27.77. The company has a market cap of $288.5 million and a price-to-earnings ratio of 28.27.

Hawaiian Telcom Holdco (NASDAQ:HCOM) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.21 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.29 by $0.08. The company had revenue of $97.10 million for the quarter, compared to the consensus estimate of $99.01 million. On average, analysts predict that Hawaiian Telcom Holdco will post $1.03 earnings per share for the current fiscal year.

Hawaiian Telcom Holdco, Inc, is a full-service provider of communications services and products in Hawaii.

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