Array Digital Infrastructure (NYSE:AD) Director Harry J. Harczak, Jr. Sells 1,960 Shares

Key Points

• Director Harry J. Harczak, Jr. of United States Cellular Corporation sold $149,352 worth of stock, reducing his ownership by 9.19% to a total of 19,374 shares.
• Following the transaction, the company's shares traded at $76.06 with a market capitalization of $6.47 billion, experiencing an approximate pe ratio of 85.21.
• Valuable ratings updates include an upgrade from Zacks Research to a "hold" and a subsequent upgrade from Wall Street Zen to a "buy" rating.

Array Digital Infrastructure Inc. (NYSE:AD - Get Free Report) Director Harry J. Harczak, Jr. sold 1,960 shares of the firm's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $76.20, for a total value of $149,352.00. Following the transaction, the director owned 19,374 shares in the company, valued at approximately $1,476,298.80. This trade represents a 9.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Array Digital Infrastructure Price Performance

Array Digital Infrastructure stock traded down $1.03 during mid-day trading on Friday, reaching $54.80. 388,363 shares of the company were exchanged, compared to its average volume of 579,011. Array Digital Infrastructure Inc. has a 12 month low of $50.69 and a 12 month high of $79.17. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.87 and a quick ratio of 1.71. The firm has a market cap of $4.66 billion, a PE ratio of -182.66 and a beta of 0.38.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Zacks Research upgraded Array Digital Infrastructure to a "hold" rating in a research note on Tuesday, August 12th. Wall Street Zen raised Array Digital Infrastructure from a "hold" rating to a "buy" rating in a report on Saturday, August 16th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of "Hold".

About Array Digital Infrastructure

United States Cellular Corporation provides wireless telecommunications services in the United States. The company offers wireless services, including voice, messaging, and data services. It also provides devices, such as smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and internet of things devices.