Straight Path Communications Inc (NYSEAMERICAN:STRP) insider Zhouyue Pi sold 5,277 shares of the company’s stock in a transaction on Wednesday, December 27th. The stock was sold at an average price of $182.07, for a total transaction of $960,783.39. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Zhouyue Pi also recently made the following trade(s):

  • On Thursday, December 14th, Zhouyue Pi sold 9,723 shares of Straight Path Communications stock. The stock was sold at an average price of $182.02, for a total transaction of $1,769,780.46.
  • On Wednesday, October 18th, Zhouyue Pi sold 16,978 shares of Straight Path Communications stock. The stock was sold at an average price of $181.43, for a total transaction of $3,080,318.54.

Straight Path Communications Inc (NYSEAMERICAN STRP) traded up $0.74 during midday trading on Thursday, reaching $182.37. 47,700 shares of the company’s stock traded hands, compared to its average volume of 210,148. Straight Path Communications Inc has a twelve month low of $26.89 and a twelve month high of $235.88. The stock has a market capitalization of $2,320.00, a price-to-earnings ratio of -40.89 and a beta of -1.89.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System boosted its position in Straight Path Communications by 3.1% during the third quarter. California State Teachers Retirement System now owns 15,686 shares of the technology company’s stock valued at $2,834,000 after buying an additional 469 shares during the period. GSA Capital Partners LLP purchased a new stake in Straight Path Communications during the third quarter valued at about $235,000. Cowen Inc. boosted its position in Straight Path Communications by 319.9% during the third quarter. Cowen Inc. now owns 183,437 shares of the technology company’s stock valued at $33,142,000 after buying an additional 139,755 shares during the period. Finally, Alpine Associates Management Inc. boosted its position in Straight Path Communications by 133.7% during the third quarter. Alpine Associates Management Inc. now owns 261,700 shares of the technology company’s stock valued at $47,282,000 after buying an additional 149,716 shares during the period.

Separately, BidaskClub lowered shares of Straight Path Communications from a “sell” rating to a “strong sell” rating in a research report on Saturday, September 2nd.

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About Straight Path Communications

Straight Path Communications Inc is a communications asset company. The Company owns Straight Path Spectrum, Inc (Straight Path Spectrum), Straight Path Ventures, LLC (Straight Path Ventures), and Straight Path IP Group, Inc (Straight Path IP Group). The Company’s segments include Straight Path Spectrum, Straight Path Ventures and Straight Path IP Group.

Insider Buying and Selling by Quarter for Straight Path Communications (NYSEAMERICAN:STRP)

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