Insider Buying: Optimum Communications (NYSE:OPTU) Major Shareholder Buys 50,536 Shares
MarketBeat
Optimum Communications, Inc. (NYSE:OPTU - Get Free Report) major shareholder Neil Subin bought 50,536 shares of the business's stock in a transaction that occurred on Thursday, August 20th. The shares were bought at an average cost of $0.85 per share, for a total transaction of $42,955.60. Following the completion of the purchase, the insider owned 18,842,007 shares of the company's stock, valued at $16,015,705.95. This represents a 0.27% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
NYSE:OPTU
