Charter Communications (NASDAQ:CHTR) Shares Unloaded Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of Charter Communications, Inc. NASDAQ: CHTR. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in Charter Communications stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

Charter Communications Trading Down 18.5%

Shares of NASDAQ CHTR traded down $70.25 during trading on Friday, reaching $309.75. The stock had a trading volume of 9,630,882 shares, compared to its average volume of 1,633,906. The company has a market cap of $43.48 billion, a P/E ratio of 8.48, a PEG ratio of 0.34 and a beta of 1.08. The business's 50-day moving average price is $396.12 and its 200-day moving average price is $373.57. Charter Communications, Inc. has a fifty-two week low of $307.34 and a fifty-two week high of $437.06. The company has a debt-to-equity ratio of 4.57, a quick ratio of 0.36 and a current ratio of 0.33.

Charter Communications (NASDAQ:CHTR - Get Free Report) last announced its quarterly earnings results on Friday, July 25th. The company reported $9.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $10.06 by ($0.88). Charter Communications had a return on equity of 26.77% and a net margin of 9.53%. The business had revenue of $13.77 billion for the quarter, compared to analysts' expectations of $13.76 billion. During the same period last year, the firm earned $8.49 earnings per share. The firm's quarterly revenue was up .6% on a year-over-year basis. On average, equities research analysts predict that Charter Communications, Inc. will post 38.16 EPS for the current fiscal year.

Analysts Set New Price Targets

CHTR has been the topic of several recent research reports. Morgan Stanley boosted their price target on Charter Communications from $385.00 to $415.00 and gave the company an "equal weight" rating in a research report on Monday, April 28th. Arete Research upgraded Charter Communications to a "strong sell" rating in a report on Tuesday, July 8th. Bank of America boosted their price objective on Charter Communications from $450.00 to $500.00 and gave the stock a "buy" rating in a research note on Tuesday, July 1st. BNP Paribas reiterated an "underperform" rating and issued a $290.00 price target on shares of Charter Communications in a research note on Thursday, April 10th. Finally, Royal Bank Of Canada upped their target price on Charter Communications from $385.00 to $395.00 and gave the company a "sector perform" rating in a report on Monday, April 28th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $422.37.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CHTR. SouthState Corp acquired a new stake in shares of Charter Communications in the first quarter valued at approximately $25,000. Salem Investment Counselors Inc. raised its holdings in shares of Charter Communications by 2,033.3% in the 2nd quarter. Salem Investment Counselors Inc. now owns 64 shares of the company's stock valued at $26,000 after purchasing an additional 61 shares during the period. Ameritas Advisory Services LLC acquired a new position in Charter Communications in the 2nd quarter valued at about $28,000. ST Germain D J Co. Inc. boosted its holdings in Charter Communications by 1,283.3% in the 1st quarter. ST Germain D J Co. Inc. now owns 83 shares of the company's stock valued at $31,000 after purchasing an additional 77 shares during the period. Finally, SBI Securities Co. Ltd. lifted its holdings in shares of Charter Communications by 93.2% during the 1st quarter. SBI Securities Co. Ltd. now owns 85 shares of the company's stock worth $31,000 after acquiring an additional 41 shares during the period. Institutional investors and hedge funds own 81.76% of the company's stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Charter Communications

Charter Communications, Inc operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. The company offers subscription-based internet, video, and mobile and voice services; a suite of broadband connectivity services, including fixed internet, WiFi, and mobile; Advanced WiFi services; Spectrum Security Shield; in-home WiFi, which provides customers with high performance wireless routers and managed WiFi services to enhance their fixed wireless internet experience; out-of-home WiFi; and Spectrum WiFi services.