Hawaiian Telcom HoldCo (NASDAQ:HCOM) major shareholder Haven Special Opportuniti Twin acquired 60,670 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The stock was bought at an average cost of $23.00 per share, for a total transaction of $1,395,410.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Several equities research analysts have commented on HCOM shares. Zacks upgraded shares of Hawaiian Telcom HoldCo from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research note on Tuesday, September 15th. DA Davidson reissued a “hold” rating on shares of Hawaiian Telcom HoldCo in a report on Tuesday, September 15th.
Hawaiian Telcom HoldCo (NASDAQ:HCOM) remained flat at $23.83 during mid-day trading on Wednesday. 14,533 shares of the stock were exchanged. The company’s 50-day moving average is $22.30 and its 200-day moving average is $24.05. The stock has a market cap of $262.30 million and a PE ratio of 54.16. Hawaiian Telcom HoldCo has a one year low of $19.99 and a one year high of $28.20.
Hawaiian Telcom HoldCo last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by $0.06. The company had revenue of $96.20 million for the quarter, compared to the consensus estimate of $97.54 million. Equities research analysts expect that Hawaiian Telcom HoldCo will post $0.27 EPS for the current year.
Hawaiian Telcom Holdco, Inc. is a supplier of communications services and products in Hawaii. The Company operates through two business segments: Data Center Colocation and Telecommunications. The Telecommunications segment provides local telephone service, including data and also voice transport, custom calling features, network access, directory assistance and private lines. In addition, the section supplies Internet, long distance services, television service, Internet protocol (NASDAQ:HCOM)-based network services, customer premises equipment, data solutions, managed services, billing and collection, wireless services and pay telephone services. The Data Center Colocation segment offers data center services, including virtual private cloud and colocation.