XTX Topco Ltd Acquires Shares of 113,152 WideOpenWest, Inc. (NYSE:WOW)

XTX Topco Ltd acquired a new stake in WideOpenWest, Inc. (NYSE:WOW - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 113,152 shares of the company's stock, valued at approximately $594,000. XTX Topco Ltd owned 0.13% of WideOpenWest as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Empowered Funds LLC lifted its holdings in WideOpenWest by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 42,168 shares of the company's stock valued at $221,000 after purchasing an additional 2,144 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in WideOpenWest by 23.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 14,616 shares of the company's stock valued at $53,000 after acquiring an additional 2,732 shares in the last quarter. State Street Corp grew its position in shares of WideOpenWest by 0.3% during the third quarter. State Street Corp now owns 1,048,205 shares of the company's stock worth $5,503,000 after buying an additional 2,838 shares in the last quarter. Algert Global LLC grew its position in shares of WideOpenWest by 9.5% during the second quarter. Algert Global LLC now owns 33,436 shares of the company's stock worth $181,000 after buying an additional 2,896 shares in the last quarter. Finally, Innealta Capital LLC bought a new position in WideOpenWest during the second quarter worth $25,000. 87.77% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Benchmark cut their price objective on shares of WideOpenWest from $8.00 to $7.50 and set a "buy" rating on the stock in a research note on Monday, August 26th.

Insider Transactions at WideOpenWest

In other news, CEO Teresa L. Elder sold 20,000 shares of the stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $5.12, for a total value of $102,400.00. Following the completion of the sale, the chief executive officer now directly owns 1,535,787 shares of the company's stock, valued at $7,863,229.44. This represents a 1.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 4.00% of the stock is owned by insiders.

WideOpenWest Trading Down 1.4 %

WOW traded down $0.07 on Friday, hitting $4.96. The company had a trading volume of 238,820 shares, compared to its average volume of 551,812. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 4.41. The company's fifty day moving average price is $5.19 and its 200 day moving average price is $5.24. WideOpenWest, Inc. has a 1-year low of $2.31 and a 1-year high of $5.80.

WideOpenWest (NYSE:WOW - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.17). WideOpenWest had a negative net margin of 14.17% and a negative return on equity of 22.83%. The firm had revenue of $158.00 million during the quarter, compared to the consensus estimate of $157.46 million. During the same quarter in the prior year, the business earned ($1.29) EPS. WideOpenWest's revenue was down 8.7% on a year-over-year basis. Equities analysts anticipate that WideOpenWest, Inc. will post -0.72 earnings per share for the current year.

WideOpenWest Company Profile

WideOpenWest, Inc provides high speed data, cable television, and digital telephony services to residential and business services customers in the United States. The company's video services include basic cable services that comprise local broadcast television and local community programming; digital cable services; WOW tv+ that offers traditional cable video and cloud DVR functionality, voice remote with Google Assistant, and Netflix integration along with access to various streaming services and apps through the Google Play Store; and commercial-free movies, TV shows, sports, and other special event entertainment programs.