Commscope Holding Company, Inc. (COMM): Peter U Karlsson , SVP of CommScope, Inc. of Commscope Holding Company, Inc. sold 10,000 shares on Nov 2, 2015. The Insider selling transaction was disclosed on Nov 3, 2015 to the Securities and Exchange Commission. The shares were sold at $32.51 per share for a total value of $325,062.00. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange,The officer (SVP, General Counsel & Sec) of Commscope Holding Company, Inc., Wyatt Frank B Ii sold 7,843 shares at $31.77 on October 21, 2015. The Insider selling transaction had a total value worth of $249,172.
The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 4.22% of CommScope Holding Company, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.5% . Institutional Investors own 99.35% of CommScope Holding Company, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -7.15%.
CommScope Holding Company, Inc. is up 5.29% in the last 3-month period. Year-to-Date the stock performance stands at 45.47%. The company shares have rallied 52.13% from its 1 Year high price. On Sep 9, 2015, the shares registered one year high at $34.12 and the one year low was seen on Jan 16, 2015. The 50-Day Moving Average price is $31.15 and the 200 Day Moving Average price is recorded at $30.92. CommScope Holding Company, Inc. (NASDAQ:COMM): 6 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $34.33 in CommScope Holding Company, Inc. (NASDAQ:COMM).
However, the stock price could fluctuate by $ 5.83 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $43 price target with the lower price estimate is calculated at $25
CommScope Holding Company, Inc. (NASDAQ:COMM) : On Tuesday heightened volatility was witnessed in CommScope Holding Company, Inc. (NASDAQ:COMM) which led to swings in the share price. The shares opened for trading at $32.89 and hit $33.47 on the upside , eventually ending the session at $33.21, with a gain of 1.25% or 0.41 points. The heightened volatility saw the trading volume jump to 1,048,265 shares. The 52-week high of the share price is $34.12 and the company has a market cap of $6,310 million. The 52-week low of the share price is at $20.19 . CommScope Holding Company, Inc is a provider of connectivity and essential infrastructure solutions for wireless, business enterprise and residential broadband networks.
It provides radio frequency (RF) solutions, intelligent connectivity and cabling platforms, data center and intelligent building infrastructure and broadband access solutions. The Company operates in three segments: Wireless, Enterprise and Broadband. The Company also manufactures coaxial and fiber optic cable for residential broadband networks globally. Its offerings for wireless and wired networks enables delivery of bandwidth data, video and voice applications. In July 2014, the Company acquired two of businesses of United Kingdom-based Alifabs Group to expand metro cell and small cell services and to provide additional support for European wireless operators as LTE network deployments accelerate.