Alaska Communications Systems Group Inc (ALSK) CEO Anand Vadapalli Sells 10,000 Shares
Alaska Communications Systems Group Inc (NASDAQ:ALSK) CEO Anand Vadapalli sold 10,000 shares of the company’s stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $2.10, for a total value of $21,000.00. Following the sale, the chief executive officer now directly owns 1,365,263 shares in the company, valued at approximately $2,867,052.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Anand Vadapalli also recently made the following trade(s):
- On Thursday, November 30th, Anand Vadapalli sold 10,000 shares of Alaska Communications Systems Group stock. The stock was sold at an average price of $2.10, for a total value of $21,000.00.
Alaska Communications Systems Group Inc (NASDAQ ALSK) traded up $0.12 during trading on Monday, hitting $2.35. The stock had a trading volume of 420,293 shares, compared to its average volume of 134,887. Alaska Communications Systems Group Inc has a 1-year low of $1.55 and a 1-year high of $2.61. The company has a quick ratio of 0.94, a current ratio of 1.03 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $118.01, a price-to-earnings ratio of 223.00 and a beta of -0.17.
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About Alaska Communications Systems Group
Alaska Communications Systems Group, Inc is a fiber broadband and managed information technology (IT) services provider. The Company is focused primarily on business and wholesale customers in and out of Alaska. The Company also provides telecommunication services to consumers across Alaska. The Company’s facilities-based communications network extends across Alaska and connects to the contiguous states through its undersea fiber optic cable systems and its usage rights on an undersea system.
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