Insider Buying: Executive VP & COO Edward Mckay Acquires 10,000 Shares of Shenandoah Telecommunications Co (SHEN)

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On May 7, 2024, Edward Mckay, Executive Vice President & Chief Operating Officer of Shenandoah Telecommunications Co (SHEN, Financial), purchased 10,000 shares of the company. The transaction was documented in a recent SEC Filing.

Shenandoah Telecommunications Co is a telecommunications company that provides a range of broadband services over its advanced networks, including fixed and mobile wireless voice and data services, cable television, and fiber optic services.

The insider transaction history for Shenandoah Telecommunications Co shows a trend of more insider buying than selling over the past year. There have been four insider buys and zero insider sells during this period.

Shares of Shenandoah Telecommunications Co were trading at $14.95 on the day of the insider's recent purchase. This pricing values the company with a market cap of approximately $811.661 million.

The price-earnings ratio of Shenandoah Telecommunications Co stands at 3.44, which is significantly lower than both the industry median of 16.445 and the company's historical median.

According to the GF Value, the intrinsic value of Shenandoah Telecommunications Co is estimated at $23.33 per share, making the stock significantly undervalued with a price-to-GF-Value ratio of 0.64.

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The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor which considers past returns and growth, and future business performance estimates from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.