S&P 500 may face selling pressure as systematic funds reach full exposure
Director Balan Nair of Charter Communications (NASDAQ:CHTR) recently purchased 360 shares of the company’s Class A Common Stock, showing insider confidence in the $36 billion market cap company. According to InvestingPro analysis, the stock appears undervalued while trading at an attractive P/E ratio of 7.1x. The transaction, which occurred on July 31, 2025, involved the acquisition of shares at a price of $274.21, totaling $98,715. Following this transaction, Nair directly owns 9,622 shares of Charter Communications. The purchase comes as the stock trades near its 52-week low of $263.56, having declined 11% in the past week. InvestingPro subscribers can access 12 additional key insights about CHTR, including detailed insider trading patterns and comprehensive valuation metrics.
In other recent news, Charter Communications reported its second-quarter earnings for 2025, revealing an earnings per share (EPS) of $9.18, which fell short of the forecasted $9.58. The company did, however, meet revenue expectations with $13.77 billion, reflecting slight year-over-year growth. In a significant development, Charter stockholders approved the necessary proposals to complete the company’s transaction with Cox Communications, with over 99% of votes cast in favor. Meanwhile, UBS lowered its price target for Charter Communications to $355 from $425, maintaining a Neutral rating due to weaker-than-expected second-quarter results. In contrast, Bernstein SocGen upgraded the company’s stock rating from Market Perform to Outperform, despite ongoing challenges in the broadband sector where Charter lost 111,000 residential broadband subscribers in Q2 2025. The upgrade was accompanied by a lowered price target of $380 from $410. These developments highlight the mixed sentiments among analysts and investors regarding Charter’s recent performance and future prospects.
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