Randall Crenshaw Insider Sell Transaction
Considering the sell Randall Crenshaw made he is in the insider trading spotlight today. The EVP and COO of Commscope Holding Company Inc (NASDAQ:COMM)
Commscope Holding Company Inc Stock Rating, Sentiment and Fundamentals
It is difficult to make conclusions about Commscope Holding Company Inc’s future just from Randall Crenshaw’s sale because in this filing, the insider also revealed option transactions. In the form, it was reported that Randall exercised options for 20,000 shares with average price 5.7, worth 114,800. And his view is not unjustified – twelve security specialist analysts covering Commscope Holding Company Inc believe that the earnings-per-share will be $1.99 in 2015, giving it a price-earnings ratio of 15.19 and a growth rate year-on-year not better than 7.30%.
|Rating & Sentiment|
|Hedge Funds Sentiment:||NEUTRAL|
|Earnings + FCF Trend:||NEUTRAL|
* Read How Our Stock Ratings System Works
We rate Commscope Holding Company Inc’s stock NEUTRAL as our trend system as depicted on the chart below, is not negative. Commscope Holding Company Inc’s stock chart analysis indicates its price has gained 4.00% in the last 50 days. Such a smooth up-trend usually continues.
Price Chart of Commscope Holding Company NASDAQ:COMM Stock
Source: RightEdgeSystems, Yahoo Split & Dividend Adjusted Data and OctaFinance Interpretations
As Felix Zulauf, one of the stock market legends, noted, that the best returns are made through a mix of both technical as well as fundamental analysis.” This is definitely not the case with this stock.
Hedge Funds Ownership
13F SEC filings showed that, 151 institutional investors and hedge funds own shares of Commscope Holding Company Inc. In Q4 2014, the company had 98.14% institutional ownership. That is a high interest. Its up 0.64% from Q3 2014. These banks and asset managers increased the total shares they own by 1.18 million to 185.90 million this quarter. There were 33 funds that closed their positions and 57 that reduced them. A total of 27 funds opened new positions in Commscope Holding Company Inc and 53 increased their holdings.
As revealed by SEC’s 13F filings, four hedge funds have the firm in their Top 10 stock holdings. These funds are: Carlyle Group L.P., Chieftain Capital Management Inc., Brahman Capital Corp., Corsair Capital Management L.P..
Gruber & Mcbaine Capital Management Llc had the greatest investment with ownership of 100,000 shares as of Q4 2014 for 0.63% of the fund’s portfolio. Carlyle Group L.P. is another positive institutional manager possessing 101.22 million shares of the company or 14.47% of their stocks portfolio. The New York-based fund Chieftain Capital Management Inc. have 6.06% of their stock portfolio invested in the company for 4.75 million shares. Moreover, Peter Adam Hochfelder’s Brahman Capital Corp. revealed it had purchased a stake worth 5.10% of the fund’s stock portfolio in the company. The New York-based fund Corsair Capital Management L.P. was also a notable believer in the company’s stock, owning 1.51 million shares. Commscope Holding Company Inc is 3.65% of the fund’s stock portfolio.
Commscope Holding Company NASDAQ:COMM Company Profile
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.
Commscope Holding Company Inc was formed in Delaware on 2010-10-22. At the moment its market capitalization is: $5.70 billion and it has 188.68 million outstanding shares. The firm has 13000 employees. Now there are 100.37% shareholders and the institutional ownership is 100.37%. The stock closed at $30.21 yesterday and it had average 2 days volume of 320414 shares. It is up from the 30 days average shares volume of 268186. Commscope Holding Company Inc has a 250 days low of $19.68 and a 52w high of $32.00. The current price is above the 200 days simple moving average.
Randall Crenshaw is also Vice President of Commscope Inc.
* The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 25 – 2014.
* As previously reported – includes 14 – 088 restricted stock units that were granted on 02/24/2015 and will vest in three equal installments on 02/24/2016 – 02/24/2017 – and 02/24/2018 – subject to the reporting person’s continued employment with the issuer.
* Includes 66 – 255 unvested options that vest on 01/14/2016 – subject to the reporting person’s continued service on each vesting date. Per SEC guidance – excludes 66 – 255 unvested options that are subject to performance-based vesting conditions.
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