Straight Path Communications Inc (NASDAQ:STRP) General Counsel David L. Breau sold 3,994 shares of the company’s stock in a transaction that occurred on Thursday, October 19th. The stock was sold at an average price of $181.47, for a total value of $724,791.18. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of Straight Path Communications Inc (NASDAQ STRP) traded down 0.54% during trading on Monday, hitting $180.89. The stock had a trading volume of 57,930 shares. The firm has a 50 day moving average price of $180.77 and a 200-day moving average price of $168.61. Straight Path Communications Inc has a 52 week low of $21.85 and a 52 week high of $235.88. The stock’s market capitalization is $2.30 billion.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Strs Ohio boosted its position in shares of Straight Path Communications by 17.6% during the third quarter. Strs Ohio now owns 6,000 shares of the company’s stock valued at $1,084,000 after purchasing an additional 900 shares in the last quarter. Havens Advisors LLC boosted its position in shares of Straight Path Communications by 113.3% during the third quarter. Havens Advisors LLC now owns 64,000 shares of the company’s stock valued at $11,563,000 after purchasing an additional 34,001 shares in the last quarter. Longfellow Investment Management Co. LLC boosted its position in shares of Straight Path Communications by 15.2% during the third quarter. Longfellow Investment Management Co. LLC now owns 44,343 shares of the company’s stock valued at $8,011,000 after purchasing an additional 5,843 shares in the last quarter. National Asset Management Inc. boosted its position in shares of Straight Path Communications by 96.1% during the second quarter. National Asset Management Inc. now owns 50,000 shares of the company’s stock valued at $8,983,000 after purchasing an additional 24,500 shares in the last quarter. Finally, CNH Partners LLC bought a new stake in shares of Straight Path Communications during the second quarter valued at approximately $39,956,000.

About Straight Path Communications

Straight Path Communications Inc is a communications asset company. The Company owns Straight Path Spectrum, Inc (Straight Path Spectrum), Straight Path Ventures, LLC (Straight Path Ventures), and Straight Path IP Group, Inc (Straight Path IP Group). The Company’s segments include Straight Path Spectrum, Straight Path Ventures and Straight Path IP Group.

Insider Buying and Selling by Quarter for Straight Path Communications (NASDAQ:STRP)

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