Insider Sale: CEO Teresa Elder Sells 20,000 Shares of WideOpenWest Inc (WOW)

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On September 3, 2024, Teresa Elder, CEO of WideOpenWest Inc (WOW, Financial), executed a sale of 20,000 shares of the company at a price of $5.48 per share. This transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this sale, the insider now owns 1,555,787 shares of WideOpenWest Inc.

WideOpenWest Inc, commonly known as WOW, operates in the telecommunications industry, providing high-speed Internet, cable TV, and voice services across the United States. The company is known for its customer-centric approach and commitment to providing high-quality service.

Over the past year, Teresa Elder has sold a total of 80,000 shares and has not purchased any shares of the company. This recent transaction is part of a series of 8 insider sells over the past year, with no insider buys recorded during the same period.

The shares of WideOpenWest Inc were trading at $5.48 on the day of the sale, giving the company a market cap of approximately $475.106 million. According to the GF Value, the intrinsic value estimate of the stock is $10.40, indicating a price-to-GF-Value ratio of 0.53. This suggests that the stock is currently undervalued, classified as a "Possible Value Trap, Think Twice" according to GuruFocus analysis.

The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company’s past performance and expected future business outcomes.

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This insider sale might provide investors with insights into the insider's perspective on the stock's current valuation and future prospects. However, investors are always advised to consider the broader market conditions and additional data when making investment decisions.

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.