Straight Path Communications Inc (NYSEAMERICAN:STRP) Director K Chris Todd sold 7,700 shares of the business’s stock in a transaction on Monday, January 8th. The shares were sold at an average price of $181.76, for a total transaction of $1,399,552.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Straight Path Communications Inc (STRP) opened at $181.91 on Friday. Straight Path Communications Inc has a fifty-two week low of $26.89 and a fifty-two week high of $235.88. The firm has a market cap of $2,320.00, a PE ratio of -40.79 and a beta of -1.89.

Separately, BidaskClub raised shares of Straight Path Communications from a “strong sell” rating to a “sell” rating in a report on Tuesday, September 26th.

Several institutional investors and hedge funds have recently bought and sold shares of STRP. GSA Capital Partners LLP acquired a new position in Straight Path Communications during the 3rd quarter worth about $235,000. California State Teachers Retirement System lifted its position in Straight Path Communications by 3.1% during the 3rd quarter. California State Teachers Retirement System now owns 15,686 shares of the technology company’s stock worth $2,834,000 after buying an additional 469 shares in the last quarter. Cowen Inc. lifted its position in Straight Path Communications by 319.9% during the 3rd quarter. Cowen Inc. now owns 183,437 shares of the technology company’s stock worth $33,142,000 after buying an additional 139,755 shares in the last quarter. Finally, Alpine Associates Management Inc. lifted its position in Straight Path Communications by 133.7% during the 3rd quarter. Alpine Associates Management Inc. now owns 261,700 shares of the technology company’s stock worth $47,282,000 after buying an additional 149,716 shares in the last quarter.

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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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