Altice Usa Inc (ATUS) President & COO Abdelhakim Boubazine Sold $14.3 million of Shares

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President & COO of Altice Usa Inc (30-Year Financial, Insider Trades) Abdelhakim Boubazine (insider trades) sold 496,355 shares of ATUS on 09/02/2020 at an average price of $28.74 a share. The total sale was $14.3 million.

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 $15.45 billion; its shares were traded at around $26.65 with a P/E ratio of 86.24 and P/S ratio of 1.70. GuruFocus has detected 3 severe warning signs with Altice USA Inc. .

Directors and Officers Recent Trades:

  • President & COO Abdelhakim Boubazine sold 496,355 shares of ATUS stock on 09/02/2020 at the average price of $28.74. The price of the stock has decreased by 7.27% since.
  • 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 decreased by 3.79% 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 decreased by 3.09% since.

For the complete insider trading history of ATUS, click here

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