Charter Communications (NASDAQ:CHTR) Director Balan Nair Buys 1,000 Shares of Stock

Charter Communications, Inc. (NASDAQ:CHTRGet Free Report) Director Balan Nair bought 1,000 shares of the company’s stock in a transaction on Tuesday, April 28th. The stock was bought at an average cost of $175.46 per share, with a total value of $175,460.00. Following the completion of the purchase, the director owned 12,029 shares of the company’s stock, valued at approximately $2,110,608.34. The trade was a 9.07% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Charter Communications Trading Down 0.9%

CHTR opened at $173.11 on Wednesday. The company has a debt-to-equity ratio of 4.56, a current ratio of 0.40 and a quick ratio of 0.39. The company has a market cap of $21.92 billion, a price-to-earnings ratio of 4.67, a price-to-earnings-growth ratio of 0.27 and a beta of 1.03. The firm has a 50 day simple moving average of $222.08 and a 200 day simple moving average of $217.39. Charter Communications, Inc. has a fifty-two week low of $170.77 and a fifty-two week high of $437.06.

Charter Communications (NASDAQ:CHTRGet Free Report) last announced its quarterly earnings data on Friday, April 24th. The company reported $9.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $10.01 by ($0.84). Charter Communications had a net margin of 9.03% and a return on equity of 24.20%. The business had revenue of $13.60 billion during the quarter, compared to the consensus estimate of $13.56 billion. During the same period in the previous year, the business posted $8.42 earnings per share. Charter Communications’s revenue was down 1.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Charter Communications, Inc. will post 43.39 earnings per share for the current year.

Key Charter Communications News

Here are the key news stories impacting Charter Communications this week:

  • Positive Sentiment: CEO Christopher Winfrey bought 3,468 shares (~$172.23 avg), increasing his holdings ~4.9%; SEC filing here: CEO Form 4
  • Positive Sentiment: Director Balan Nair purchased 1,000 shares (~$175.46 avg), a ~9.1% increase in his position; SEC filing here: Director Form 4
  • Positive Sentiment: Opinion/coverage arguing the market is over‑penalizing CHTR and urging investors to stop valuing it “like it’s going out of business” — a bullish narrative that can support a rebound in sentiment: Stop Valuing CHTR Stock Like It Is Going Out Of Business
  • Neutral Sentiment: Industry breadth note — coverage saying Russell 1000 signals fresh industry momentum; could help peers and lift sentiment for CHTR if broadband/video demand strengthens: Russell 1000 Industry Momentum
  • Negative Sentiment: Earnings miss: Q1 EPS $9.17 vs. $10.01 expected; revenue $13.6B (-1.0% YoY) with residential video weakness — results weigh on near‑term sentiment and valuation. Company release / analyst coverage: Earnings Miss Coverage
  • Negative Sentiment: Multiple broker price‑target cuts this week (examples): Deutsche Bank cut PT to $215 (hold) — Deutsche Bank PT Cut; Citi lowered PT to $230 (still buy) — Citi PT Cut; RBC and Bernstein also trimmed targets. These trims compress upside expectations and pressure the stock.
  • Negative Sentiment: Balance‑sheet/valuation considerations: stock trades well below its 50/200‑day averages and carries high leverage (debt/equity ~4.6), factors that make investors cautious despite low reported P/E. Background data source: MarketBeat summary.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Williams Trading set a $437.00 price target on Charter Communications in a research note on Monday, February 2nd. Citigroup cut their price target on Charter Communications from $290.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday. Wells Fargo & Company increased their price target on Charter Communications from $180.00 to $200.00 and gave the company an “underweight” rating in a research note on Monday, February 2nd. TD Cowen increased their price target on Charter Communications from $428.00 to $437.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Charter Communications in a research note on Friday, March 27th. Six research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Charter Communications presently has a consensus rating of “Hold” and an average target price of $321.59.

View Our Latest Stock Analysis on Charter Communications

Institutional Investors Weigh In On Charter Communications

Several hedge funds have recently bought and sold shares of CHTR. AQR Capital Management LLC raised its holdings in Charter Communications by 129.1% in the first quarter. AQR Capital Management LLC now owns 11,875 shares of the company’s stock worth $4,356,000 after purchasing an additional 6,691 shares during the period. Integrated Wealth Concepts LLC raised its holdings in Charter Communications by 16.3% in the first quarter. Integrated Wealth Concepts LLC now owns 913 shares of the company’s stock worth $336,000 after purchasing an additional 128 shares during the period. Jones Financial Companies Lllp raised its holdings in Charter Communications by 48.1% in the first quarter. Jones Financial Companies Lllp now owns 1,339 shares of the company’s stock worth $493,000 after purchasing an additional 435 shares during the period. Geneos Wealth Management Inc. raised its holdings in Charter Communications by 141.0% in the first quarter. Geneos Wealth Management Inc. now owns 94 shares of the company’s stock worth $35,000 after purchasing an additional 55 shares during the period. Finally, Acadian Asset Management LLC raised its holdings in Charter Communications by 451.1% in the first quarter. Acadian Asset Management LLC now owns 733 shares of the company’s stock worth $270,000 after purchasing an additional 600 shares during the period. 81.76% of the stock is currently owned by institutional investors and hedge funds.

About Charter Communications

(Get Free Report)

Charter Communications, Inc is a U.S.-based telecommunications and mass media company that provides broadband communications and video services to residential and business customers. Operating primarily under the Spectrum brand, the company offers high-speed internet, cable television, digital voice (phone) and wireless services, as well as managed and enterprise networking solutions for commercial customers. Charter’s service portfolio targets both consumer and business markets with bundled and standalone offerings designed to meet streaming, connectivity and communications needs.

The company’s consumer-facing products include Spectrum Internet, Spectrum TV and Spectrum Voice, while Spectrum Mobile provides wireless service through arrangements with national wireless carriers.

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