Telecom Argentina Stet – France Telecom S.A. (NYSE:TEO – Get Free Report) insider Martin Andres Heine purchased 7,000 shares of the firm’s stock in a transaction that occurred on Friday, October 9th. The shares were acquired at an average cost of $2.67 per share, with a total value of $18,690.00. Following the completion of the transaction, the insider owned 41,500 shares in the company, valued at $110,805. This trade represents a 20.29% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Telecom Argentina Stet – France Telecom Stock Down 0.2%
Shares of NYSE TEO opened at $12.28 on Wednesday. Telecom Argentina Stet – France Telecom S.A. has a 12-month low of $7.07 and a 12-month high of $16.34. The company has a market cap of $5.29 billion, a P/E ratio of 9.98 and a beta of 1.35. The company has a current ratio of 0.58, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. The stock has a fifty day moving average price of $13.18 and a 200 day moving average price of $12.93.
Institutional Trading of Telecom Argentina Stet – France Telecom
Several large investors have recently modified their holdings of the business. Y Intercept Hong Kong Ltd lifted its stake in shares of Telecom Argentina Stet – France Telecom by 8.3% in the first quarter. Y Intercept Hong Kong Ltd now owns 21,330 shares of the utilities provider’s stock worth $249,000 after acquiring an additional 1,628 shares in the last quarter. XP Advisory US Inc. purchased a new position in Telecom Argentina Stet – France Telecom in the second quarter valued at about $82,000. Engineers Gate Manager LP boosted its holdings in Telecom Argentina Stet – France Telecom by 105.6% in the second quarter. Engineers Gate Manager LP now owns 86,936 shares of the utilities provider’s stock valued at $1,130,000 after purchasing an additional 44,647 shares during the last quarter. Pictet Asset Management Holding SA acquired a new stake in Telecom Argentina Stet – France Telecom during the 1st quarter valued at approximately $561,000. Finally, Verde Servicos Internacionais S.A. acquired a new stake in Telecom Argentina Stet – France Telecom during the 1st quarter valued at approximately $701,000.
Analyst Upgrades and Downgrades
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About Telecom Argentina Stet – France Telecom
Telecom Argentina SA, formerly known as Telecom Argentina Stet-France Telecom SA, is an Argentine telecommunications company that provides connectivity and communications services to consumers, businesses and government organizations. Its operations include fixed-line and mobile voice services, broadband internet, data transmission, digital communications and information technology solutions.
The company markets consumer services under brands including Personal, which provides mobile and broadband services, and Flow, its entertainment and pay-TV platform.
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