Zhouyue Pi Sells 16,978 Shares of Straight Path Communications Inc (STRP) Stock

Straight Path Communications Inc (NASDAQ:STRP) insider Zhouyue Pi sold 16,978 shares of Straight Path Communications stock in a transaction on Wednesday, October 18th. The stock was sold at an average price of $181.43, for a total value of $3,080,318.54. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of Straight Path Communications Inc (STRP) traded down 0.04% during trading on Friday, hitting $181.22. The stock had a trading volume of 88,585 shares. The stock’s market cap is $2.31 billion. Straight Path Communications Inc has a 12 month low of $21.85 and a 12 month high of $235.88. The company’s 50 day moving average price is $180.98 and its 200 day moving average price is $173.41.

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A number of institutional investors and hedge funds have recently bought and sold shares of STRP. Strs Ohio acquired a new position in Straight Path Communications during the 2nd quarter worth about $916,000. Public Employees Retirement Association of Colorado acquired a new position in Straight Path Communications during the 2nd quarter worth about $343,000. Kassirer Asset Management Corp acquired a new position in Straight Path Communications during the 2nd quarter worth about $808,000. Sei Investments Co. acquired a new position in Straight Path Communications during the 2nd quarter worth about $225,000. Finally, Candriam Luxembourg S.C.A. acquired a new position in Straight Path Communications during the 2nd quarter worth about $3,341,000.

About Straight Path Communications

Straight Path Communications Inc is a communications asset company. The Company owns Straight Path Spectrum, Inc (Straight Path Spectrum), Straight Path Ventures, LLC (Straight Path Ventures), and Straight Path IP Group, Inc (Straight Path IP Group). The Company’s segments include Straight Path Spectrum, Straight Path Ventures and Straight Path IP Group.

Insider Buying and Selling by Quarter for Straight Path Communications (NASDAQ:STRP)

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