Charter Communications (NASDAQ:CHTR) Director Wade Davis Purchases 5,728 Shares

Charter Communications, Inc. (NASDAQ:CHTR) Director Wade Davis acquired 5,728 shares of the stock in a transaction dated Tuesday, April 28th. The shares were bought at an average price of $173.72 per share, with a total value of $995,068.16. Following the completion of the purchase, the director directly owned 6,925 shares of the company’s stock, valued at approximately $1,203,011. This trade represents a 478.53% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Charter Communications Stock Down 8.4%

NASDAQ:CHTR opened at $158.65 on Thursday. The firm has a market capitalization of $20.09 billion, a P/E ratio of 4.28, a PEG ratio of 0.27 and a beta of 1.03. The company’s fifty day moving average price is $220.47 and its 200-day moving average price is $216.98. Charter Communications, Inc. has a 1-year low of $158.42 and a 1-year high of $437.06. The company has a debt-to-equity ratio of 4.56, a current ratio of 0.40 and a quick ratio of 0.39.

Charter Communications (NASDAQ:CHTR) last announced its quarterly earnings results 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 company had revenue of $13.60 billion during the quarter, compared to analyst estimates of $13.56 billion. During the same period in the previous year, the firm posted $8.42 earnings per share. The company’s revenue was down 1.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Charter Communications, Inc. will post 43.39 EPS for the current year.

Hedge Funds Weigh In On Charter Communications

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Frank Rimerman Advisors LLC lifted its stake in shares of Charter Communications by 7.1% during the 1st quarter. Frank Rimerman Advisors LLC now owns 2,273 shares of the company’s stock worth $491,000 after purchasing an additional 151 shares during the period. Saxon Interests Inc. acquired a new stake in Charter Communications during the 1st quarter worth approximately $724,000. Swedbank AB raised its stake in shares of Charter Communications by 46.6% in the 1st quarter. Swedbank AB now owns 55,191 shares of the company’s stock valued at $11,915,000 after acquiring an additional 17,540 shares during the period. California First Leasing Corp lifted its stake in shares of Charter Communications by 100.1% during the first quarter. California First Leasing Corp now owns 24,772 shares of the company’s stock worth $5,348,000 after purchasing an additional 12,390 shares in the last quarter. Finally, V Square Quantitative Management LLC lifted its position in Charter Communications by 3.9% during the 1st quarter. V Square Quantitative Management LLC now owns 2,768 shares of the company’s stock worth $598,000 after acquiring an additional 104 shares in the last quarter. Institutional investors and hedge funds own 81.76% of the company’s stock.

Trending Headlines about Charter Communications

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

• Positive Sentiment: Insiders buying: CEO Christopher Winfrey purchased 3,468 shares (~$172.23 avg), and directors (including Wade Davis and Balan Nair) added stakes in late April — insider purchases can signal management’s confidence. Read More.
• Positive Sentiment: Contrarian bullish notes: a Seeking Alpha piece frames CHTR as a “cigar butt” opportunity — arguing hard‑to‑replicate network assets and eventual free‑cash‑flow recovery despite near‑term pressure. Read More.
• Positive Sentiment: Opinion pieces pushing back against panic selling — coverage arguing investors are over‑discounting bankruptcy risk may support a sentiment rebound. Read More.
• Neutral Sentiment: New coverage: JPMorgan started coverage with a Neutral rating and $215 PT (upside vs current levels), giving some benchmark for traders but not a clear buy signal. Read More.
• Neutral Sentiment: Industry context: Russell 1000 momentum notes could lift sector sentiment if broadband/video demand improves, but this is a macro/peer effect rather than company‑specific. Read More.
• Negative Sentiment: Earnings miss and soft operating trends: Q1 EPS $9.17 vs. $10.01 expected; revenue $13.6B (down ~1% YoY) with residential video weakness — the miss directly hurt near‑term sentiment and valuation. Read More.
• Negative Sentiment: Analyst price‑target cuts and rating pressure this week (Deutsche Bank cut to $215 hold; Citi and others trimmed targets) — lowers upside expectations and increases selling pressure. Read More.
• Negative Sentiment: Balance‑sheet / valuation concerns: high leverage (debt/equity ~4.6), stock trading well below 50/200‑day averages and heavy debt load keep risk premia elevated despite a low reported P/E. Read More.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Charter Communications in a research report on Friday, March 27th. The Goldman Sachs Group decreased their target price on Charter Communications from $210.00 to $185.00 and set a “sell” rating on the stock in a research note on Monday, February 2nd. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Charter Communications from $235.00 to $215.00 and set a “hold” rating for the company in a research note on Monday. Zacks Research raised Charter Communications from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Finally, Williams Trading set a $437.00 price objective on shares of Charter Communications in a report on Monday, February 2nd. Six research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $315.67.

About Charter Communications

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.