Windstream Holdings Director Buys $58,100.00 in Stock (WIN)
Posted on May 19, 2015 by John Miller in Insider Trades, Investing
Windstream Holdings (NASDAQ:WIN) Director Alan L. Wells acquired 7,000 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were purchased at an average cost of $8.30 per share, for a total transaction of $58,100.00. Following the purchase, the director now directly owns 63,738 shares in the company, valued at approximately $529,025.40. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on WIN shares. Analysts at Goldman Sachs lowered their price target on shares of Windstream Holdings from $7.75 to $7.50 and set a “sell” rating on the stock in a research note on Monday. Analysts at Oppenheimer reiterated a “hold” rating on shares of Windstream Holdings in a research note on Wednesday, May 13th. Analysts at DA Davidson reiterated a “neutral” rating and set a $10.50 price target on shares of Windstream Holdings in a research note on Tuesday, May 12th. Finally, analysts at JPMorgan Chase & Co. lowered their price target on shares of Windstream Holdings from $13.00 to $10.00 and set a “neutral” rating on the stock in a research note on Friday, May 8th. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. Windstream Holdings presently has a consensus rating of “Hold” and a consensus price target of $9.84.