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Altice Usa Inc (ATUS) EVP, Gen. Counsel & Secy Michael Olsen Sold $550,000 of Shares

GuruFocus.com

- By insider

EVP, Gen. Counsel & Secy of Altice Usa Inc (30-Year Financial, Insider Trades) Michael Olsen (insider trades) sold 20,000 shares of ATUS on 08/31/2020 at an average price of $27.5 a share. The total sale was $550,000.


Altice USA Inc operates in the telecommunications, media and entertainment business. The company has two segments: Cablevision and Cequel through which it provides digital cable television, high-speed Internet, voice, and data products and services. Altice USA Inc has a market cap of $16.61 billion; its shares were traded at around $28.65 with a P/E ratio of 92.73 and P/S ratio of 1.83. GuruFocus has detected 3 severe warning signs with Altice USA Inc. .

Directors and Officers Recent Trades:

  • EVP Human Resources Colleen Schmidt sold 110,000 shares of ATUS stock on 09/02/2020 at the average price of $27.7. The price of the stock has increased by 3.43% since.

  • EVP, Gen. Counsel & Secy Michael Olsen sold 20,000 shares of ATUS stock on 08/31/2020 at the average price of $27.5. The price of the stock has increased by 4.18% since.

  • President & COO Abdelhakim Boubazine sold 506,189 shares of ATUS stock on 08/05/2020 at the average price of $27.57. The price of the stock has increased by 3.92% since.

For the complete insider trading history of ATUS, click here

.This article first appeared on GuruFocus.