Straight Path Communications Inc (NASDAQ:STRP) CFO Jonathan Rand sold 300 shares of the company’s stock in a transaction dated Monday, October 23rd. The stock was sold at an average price of $181.58, for a total value of $54,474.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Jonathan Rand also recently made the following trade(s):

  • On Thursday, October 19th, Jonathan Rand sold 4,513 shares of Straight Path Communications stock. The stock was sold at an average price of $181.51, for a total value of $819,154.63.

Shares of Straight Path Communications Inc (NASDAQ:STRP) traded down 0.54% during mid-day trading on Monday, hitting $180.89. The stock had a trading volume of 58,443 shares. The firm has a 50 day moving average price of $180.77 and a 200 day moving average price of $168.61. The firm’s market cap is $2.30 billion. Straight Path Communications Inc has a 52-week low of $21.85 and a 52-week high of $235.88.

TRADEMARK VIOLATION WARNING: “Jonathan Rand Sells 300 Shares of Straight Path Communications Inc (STRP) Stock” was first published by American Banking News and is the property of of American Banking News. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/10/23/jonathan-rand-sells-300-shares-of-straight-path-communications-inc-strp-stock.html.

Hedge funds have recently modified their holdings of the stock. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Straight Path Communications in the 2nd quarter valued at about $104,000. QS Investors LLC acquired a new position in Straight Path Communications in the 2nd quarter valued at about $126,000. BNP Paribas Arbitrage SA increased its position in Straight Path Communications by 3,485.7% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 1,004 shares of the company’s stock valued at $180,000 after acquiring an additional 976 shares during the period. Principal Financial Group Inc. acquired a new position in Straight Path Communications in the 2nd quarter valued at about $215,000. Finally, Sei Investments Co. acquired a new position in Straight Path Communications in the 2nd quarter valued at about $225,000.

Straight Path Communications Company Profile

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)

Receive News & Ratings for Straight Path Communications Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Straight Path Communications Inc and related companies with MarketBeat.com's FREE daily email newsletter.