Director Mauricio Ramos Buys $1.4M in Stock Near 52-Week Lows
CHTR is trading near its 52-week low of $136.63 (3.4% above the low).
Summary
Director Mauricio Ramos purchased $1.4 million worth of Charter Communications stock on the open market, increasing his direct holdings and signaling confidence as the stock trades near its 52-week low.
Key Events · Ownership and Investor Activity · CHTR
-
Director Stock Purchase
Mauricio Ramos, a Director, acquired 9,929 shares of Class A Common Stock for a total of $1,399,307.87 in an open market transaction.
-
Timing Near 52-Week Low
The purchase occurred on May 15, 2026, when the stock was trading near its 52-week low, potentially indicating a belief in the company's undervaluation by the director.
-
Increased Holdings
This transaction increased Director Ramos's direct holdings to 19,309 shares.
-
Pattern of Insider Buying
This purchase adds to a recent trend of insider accumulation, including a significant buy by the CEO in late April, suggesting broader insider confidence.
Analysis · CHTR · Technology
This significant open-market purchase by a director, totaling $1.4 million, indicates strong insider conviction. The timing is notable as the stock is trading near its 52-week low, suggesting the director sees value at current levels. This follows a recent $1.19 million purchase by the CEO, reinforcing a pattern of insider accumulation.
At the time of this filing, CHTR was trading at $141.21 on NASDAQ in the Technology sector, with a market capitalization of approximately $19.6B. The 52-week trading range was $136.63 to $437.06. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.