Frank Wyatt Insider Sell Transaction
Deal totalling exactly $235,720 U.S. Dollars was made public in a legal document submitted to the Security Exchange Commission on 12-05-2015. According to which, Frank Wyatt, the SVP – General Counsel & Sec of Commscope Holding Company Inc (NASDAQ:COMM)
Commscope Holding Company Inc Stock Rating, Sentiment and Fundamentals
Twelve stock analysts covering Commscope Holding Company Inc expect EPS of $1.99 2015, which would translate to a P/E ratio of 15.24, and YOY 7.30% percent growth rate. It is difficult to make conclusions about Commscope Holding Company Inc’s future just from Frank Wyatt’s sale because in this filing, the insider also revealed option transactions. In the form, it was reported that Frank exercised options for 7,842 shares with average price 8.9, worth 69,402.
|Rating & Sentiment|
|Hedge Funds Sentiment:||NEUTRAL|
|Earnings + FCF Trend:||NEUTRAL|
* Read How Our Stock Ratings System Works
The share of Commscope Holding Company Inc is currently in a steady bull uptrend, with the share price skyrocketing 3.68% in the last 50 days alone. Because our proprietary equities trend following model as displayed on the chart below gives a buy signal, our equity analysts can’t rate the stock SELL.
Price Chart of Commscope Holding Company NASDAQ:COMM Stock
Source: RightEdgeSystems, Yahoo Split & Dividend Adjusted Data and OctaFinance Interpretations
Just as legendary stock traders (who include George Soros) claimed, the highest risk-adjusted returns are made via a combination of technical & fundamental analysis. This doesn’t look to be the case with Commscope Holding Company Inc’s stock.
Hedge Funds Ownership
Latest SEC filings disclose 151 hedge funds owned shares of Commscope Holding Company Inc. The institutional ownership of the company’s stock in Q4 2014 is high, at 98.14% of the shares outstanding. Its up 0.64% from Q3 2014. These funds increased the total shares they own by 1.18 million to 185.90 million this quarter. A total of 33 funds closed their positions in Commscope Holding Company Inc and 57 reduced their holdings. There were 27 funds that created new positions and 53 funds that added to their positions.
Four hedge funds have Commscope Holding Company Inc in their Top 10. They 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 investor having 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’s market cap for 4.75 million shares. In addition, Peter Adam Hochfelder’s Brahman Capital Corp. revealed it had acquired 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 big believer in the public company, possessing 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 incorporated in Delaware on 2010-10-22. At the moment its market capitalization is: $5.69 billion and it has 187.54 million outstanding shares. At the moment it has 100.37% shareholders and the institutional ownership is 100.37%. The firm has 13000 employees. The stock closed at $30.34 yesterday and it had average 2 days volume of 208523 shares. It is down from the 30 days average shares volume of 265984. Commscope Holding Company Inc has a one year low of $19.68 and a 52weeks high of $32.00. The current price is above the 200 days Simple moving average.
Frank Wyatt 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 10 – 2015.
* As previously reported – includes 7 – 586 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.
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