Charter Communications Buys Shares in SCOR

Charter Communications acquired 20,000 shares of SCOR on June 16, 2026.

Key Points

  • Charter Communications purchased 20,000 shares of SCOR on June 16, 2026, with no disclosed transaction value.
  • SCOR shares are trading at $7.95, with peer funds like Westerly Capital Management increasing their holdings by 427,000 shares.
  • Analysts such as Craig-Hallum recently downgraded SCOR to a hold rating with an $8.00 price target.

Charter Communications, Inc. bought 20,000 shares of SCOR on June 16, 2026. The transaction did not have a disclosed value, and the shares were acquired at an unspecified price. This move adds to the ongoing insider activities surrounding SCOR.

Other Institutional Activity in SCOR

Several institutional investors have been active in SCOR recently. Westerly Capital Management significantly increased its holdings by 427,000 shares, ending with 897,000 shares valued at about $6.23 million. Vanguard Capital Management also added 187,259 shares, bringing its total to the same amount, worth approximately $1.30 million. Meanwhile, Cerberus Capital Management maintained its position with 3,396,479 shares valued at $23.57 million.

SCOR Stock Snapshot

SCOR shares are currently trading at $7.95. The stock's performance has been under scrutiny, with various institutions adjusting their positions. The market is closely watching for any shifts that might indicate future trends.

Insider Buying and Selling at SCOR

On June 16, 2026, multiple insiders were active in SCOR's trading. Matthew McLaughlin, the Chief Executive Officer, bought 703,030 shares. Charter Communications also bought 20,000 shares on the same day. William Paul Livek was involved in both buying and selling 10,000 shares each, while Brian Wendling sold 10,000 shares.

Analysts Set New Price Targets

Analyst activity around SCOR includes a downgrade by Craig-Hallum on August 29, 2024, to a hold rating with a price target of $8.00. Needham has maintained a buy rating with a target of $17.00 as of June 7, 2024. Analyst opinions reflect a range of expectations for SCOR's future performance.

Bottom Line

Charter Communications' recent purchase of SCOR shares adds to the dynamic insider activity around the company. Investors keep a close watch on these transactions as they may signal confidence in the company's prospects. However, it's important to remember that these insights are based on past filings and may not represent current positions.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.