Level 3 Communications Inc (LVLT): Andrew Crouch , Regional President, EMEA of Level 3 Communications Inc sold 15,150 shares on Apr 4, 2016. The Insider selling transaction was disclosed on Apr 4, 2016 to the Securities and Exchange Commission. The shares were sold at $52.99 per share for a total value of $802,860.62.
Company has been under the radar of several Street Analysts.Level 3 Communications is Upgraded by Morgan Stanley to Overweight. Earlier the firm had a rating of Equal-Weight on the company shares. The Rating was issued on Feb 11, 2016.
Currently the company Insiders own 0.37% of Level 3 Communications shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -3.59%.During last six month period, the net percent change held by insiders has seen a change of -4.77%.
Level 3 Communications: On Wednesday, Mar 30, 2016 heightened volatility was witnessed in Level 3 Communications which led to swings in the share price. The shares opened for trading at $52.76 and hit $53.2 on the upside , eventually ending the session at $52.84, with a gain of 0.76% or 0.4 points. The heightened volatility saw the trading volume jump to 14,23,512 shares. The 52-week high of the share price is $57.08 and the company has a market cap of $18,855 M . The 52-week low of the share price is at $40.86.
Level 3 Communications Inc. is a provider of a range of integrated communications services. The Companys operating segments include North America includes operations in Georgia Colorado Florida Canada New York Arizona Pennsylvania Michigan and Oklahoma; Europe includes operations in England Ireland The Netherlands and France; The Latin America includes operations in Colombia Argentina Venezuela Peru Ecuador Chile and Brazil. The Asia or Pacific includes operations in China Singapore and Japan. The tw telecom inc. (tw telecom) is an indirect wholly owned subsidiary of the Company. The Company offers services which includes core network services and wholesale voice services. It offers products which include core network services including transport and fiber services colocation and data center services IP and data services managed services cloud and IT services voice services and wholesale voice services including voice termination and toll free.