Insider Buying: Shenandoah Telecommunications Co (NASDAQ:SHEN) Major Shareholder Buys 22,402 Shares of Stock
MarketBeat
Shenandoah Telecommunications Co (NASDAQ:SHEN - Get Free Report) major shareholder Ecp Fiber Holdings Gp, Llc purchased 22,402 shares of the business's stock in a transaction on Wednesday, July 16th. The stock was bought at an average cost of $14.59 per share, for a total transaction of $326,845.18. Following the purchase, the insider owned 2,873,506 shares of the company's stock, valued at approximately $41,924,452.54. This represents a 0.79% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.
NASDAQ:SHEN