Entropy Technologies LP Sells 5,251 Shares of Charter Communications, Inc. $CHTR

Entropy Technologies LP trimmed its position in shares of Charter Communications, Inc. (NASDAQ:CHTR) by 26.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 14,277 shares of the company’s stock after selling 5,251 shares during the quarter. Entropy Technologies LP’s holdings in Charter Communications were worth $3,082,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CHTR. Cassaday & Co Wealth Management LLC bought a new position in Charter Communications during the first quarter valued at approximately $25,000. Quarry LP lifted its holdings in shares of Charter Communications by 153.2% in the 4th quarter. Quarry LP now owns 119 shares of the company’s stock worth $25,000 after acquiring an additional 72 shares during the last quarter. Altshuler Shaham Ltd bought a new stake in shares of Charter Communications in the 4th quarter worth approximately $25,000. DV Equities LLC purchased a new stake in shares of Charter Communications in the 4th quarter valued at $25,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Charter Communications by 141.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 94 shares of the company’s stock valued at $35,000 after purchasing an additional 55 shares during the last quarter. Institutional investors own 81.76% of the company’s stock.

Charter Communications Stock Down 2.5%

Shares of NASDAQ CHTR opened at $123.31 on Friday. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 4.56. Charter Communications, Inc. has a 52 week low of $111.55 and a 52 week high of $335.52. The firm’s fifty day moving average is $136.02 and its 200 day moving average is $184.01. The company has a market cap of $15.17 billion, a price-to-earnings ratio of 3.20, a PEG ratio of 0.23 and a beta of 0.71.

Charter Communications (NASDAQ:CHTR) last announced its quarterly earnings results on Friday, July 24th. The company reported $10.66 earnings per share for the quarter, beating the consensus estimate of $9.98 by $0.68. The business had revenue of $13.53 billion during the quarter, compared to analysts’ expectations of $13.51 billion. Charter Communications had a net margin of 9.03% and a return on equity of 24.20%. The firm’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $9.18 EPS. On average, equities research analysts expect that Charter Communications, Inc. will post 41.29 earnings per share for the current year.

Insider Activity

In other Charter Communications news, Director Wade Davis bought 5,728 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The shares were bought at an average cost of $173.72 per share, with a total value of $995,068.16. Following the completion of the purchase, the director directly owned 6,925 shares of the company’s stock, valued at $1,203,011. This trade represents a 478.53% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Balan Nair purchased 1,000 shares of Charter Communications stock in a transaction that occurred on Tuesday, April 28th. The shares were acquired at an average price of $175.46 per share, for a total transaction of $175,460.00. Following the acquisition, the director owned 12,029 shares in the company, valued at $2,110,608.34. This trade represents a 9.07% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders purchased 20,125 shares of company stock valued at $3,167,116. 1.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

CHTR has been the topic of a number of analyst reports. Sanford C. Bernstein reiterated a “market perform” rating and issued a $210.00 target price on shares of Charter Communications in a research report on Tuesday, May 26th. Benchmark reaffirmed a “buy” rating on shares of Charter Communications in a research note on Wednesday. Freedom Capital upgraded Charter Communications to a “hold” rating in a report on Friday, June 12th. The Goldman Sachs Group lowered their target price on Charter Communications from $185.00 to $125.00 and set a “sell” rating for the company in a research note on Thursday, July 2nd. Finally, New Street Research dropped their target price on Charter Communications from $328.00 to $302.00 and set a “buy” rating for the company in a report on Wednesday, May 20th. Five investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $249.12.

Key Charter Communications News

Here are the key news stories impacting Charter Communications this week:

• Positive Sentiment: Charter beat second-quarter earnings expectations, reporting $10.66 per share versus estimates around $9.98, and revenue of $13.53 billion came in slightly ahead of forecasts. Charter Announces Second Quarter 2026 Results
• Positive Sentiment: Mobile line growth remained a bright spot, with the company adding more than 400,000 new mobile lines, showing that its wireless expansion is still gaining traction. MarketWatch article on internet erosion
• Neutral Sentiment: Charter also announced debt exchange offers, which could help manage its capital structure, but the move is not a clear near-term catalyst for the stock. Charter Announces Debt Exchange Offers
• Negative Sentiment: Broadband subscriber losses were steeper than expected, reinforcing concerns that Charter is losing share to fiber and fixed-wireless competitors and weakening the outlook for its core internet business. Reuters broadband customer losses article
• Negative Sentiment: Multiple reports say Charter’s shares fell sharply to fresh lows as investors worried about ongoing internet and video customer losses, declining revenue, and a worsening competitive environment. MarketWatch article on Charter stock sharply lower

About Charter Communications

Charter Communications, Inc is a U.S.-based telecommunications and mass media company that provides broadband communications and video services to residential and business customers. Operating primarily under the Spectrum brand, the company offers high-speed internet, cable television, digital voice (phone) and wireless services, as well as managed and enterprise networking solutions for commercial customers. Charter’s service portfolio targets both consumer and business markets with bundled and standalone offerings designed to meet streaming, connectivity and communications needs.

The company’s consumer-facing products include Spectrum Internet, Spectrum TV and Spectrum Voice, while Spectrum Mobile provides wireless service through arrangements with national wireless carriers.