Investing.com - Financial Markets Worldwide

Shenandoah Telecom CEO French buys $198k in shares

Published 12/08/2025, 14:06
Shenandoah Telecom CEO French buys $198k in shares
SHEN
-2.79%

Christopher E. French, President and CEO of Shenandoah Telecommunications (NASDAQ:SHEN), acquired 16,800 shares of common stock on August 11, 2025. The timing is notable as the stock has declined over 10% in the past week, with InvestingPro data indicating oversold conditions.

The shares were purchased at a weighted average price of $11.826, for a total transaction value of $198,676. The prices paid for the shares in these multiple transactions ranged from $11.7550 to $11.88. Following the transaction, French directly owns 410,517 shares of Shenandoah Telecommunications, representing a significant stake in the $652 million market cap company.

French also indirectly owns shares through his spouse, son, and as trustee for various family trusts. While InvestingPro analysis indicates the company currently shows weak financial health, it maintains a remarkable 30-year track record of consistent dividend payments. Get the full analysis with the comprehensive Pro Research Report, available with your subscription.

In other recent news, Shenandoah Telecommunications Company reported its second-quarter 2025 earnings, showcasing mixed results. The company achieved an earnings per share (EPS) of -$0.19, slightly surpassing the forecasted -$0.20. However, revenue fell short of expectations, reaching $88.6 million compared to the anticipated $90.52 million. In leadership developments, Edward H. McKay has been appointed as the new President and Chief Executive Officer, effective September 1, 2025. McKay, currently the Executive Vice President and Chief Operating Officer, will take over from Christopher E. French. French will transition to the role of Executive Chairman of the Board, continuing to guide company strategy and collaborate with senior leadership. These developments mark significant changes in Shenandoah Telecommunications Company’s management and financial performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.