Richard Calder Sells 6,000 Shares of GTT Communications Inc (GTT) Stock
GTT Communications Inc (NYSE:GTT) insider Richard Calder sold 6,000 shares of the business’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $45.85, for a total value of $275,100.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Richard Calder also recently made the following trade(s):
- On Friday, December 1st, Richard Calder sold 10,000 shares of GTT Communications stock. The shares were sold at an average price of $39.53, for a total value of $395,300.00.
Shares of GTT Communications Inc (GTT) opened at $45.50 on Wednesday. GTT Communications Inc has a 1 year low of $22.95 and a 1 year high of $47.75. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 4.08. The firm has a market capitalization of $2,027.18, a PE ratio of 518.33, a PEG ratio of 18.38 and a beta of 1.23.
A number of equities research analysts have issued reports on GTT shares. Zacks Investment Research raised GTT Communications from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Oppenheimer boosted their price target on GTT Communications from $39.00 to $52.00 and gave the company an “outperform” rating in a research report on Wednesday, December 20th. Finally, Craig Hallum reissued a “buy” rating and set a $50.00 price target (up previously from $40.00) on shares of GTT Communications in a research report on Monday, January 22nd. One analyst has rated the stock with a sell rating, four have given a buy rating and one has given a strong buy rating to the stock. GTT Communications currently has an average rating of “Buy” and an average target price of $46.00.
GTT Communications Company Profile
GTT Communications, Inc provides cloud networking services to a range of clients. The Company offers a portfolio of global communications services, wide area network (WAN) services; Internet services; managed network and security services, and voice and unified communication services. It provides Layer 2 (Ethernet) and Layer 3 (multiprotocol label switching (MPLS)) WAN solutions for multinational clients.
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