Charter Communications Azioni (NASDAQ: CHTR)

Ultime notizie per Charter Communications (NASDAQ:CHTR) Azioni

Charter Communications

Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 58 million US homes and businesses, around 40% of the country. Across this footprint, Charter serves 30 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest US cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.

Charter Communications, Inc. - Class A Common Stock

Charter Communications Inc

CHARTER COMMUNICATIONS CL A ORD

Liberty Broadband Corp, Board Member at Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>), executed a substantial insider sell on October 15, according to an SEC filing.
What Happened: Corp's decision to sell 10,400 shares of Charter Communications was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001611983/000110465924108732//Archives/edgar/data/1611983/000110465924108732/0001104659-24-108732-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value of the sale is $3,448,120.
As of Wednesday morning, Charter Communications shares are down by 0.0%, currently priced at $331.94.
<h3>All You Need to Know About Charter Communications</h3>
Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 58 million US homes and businesses, around 40% of the country. Across this footprint, Charter serves 30 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest US cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.
<h3>Charter Communications: A Financial Overview</h3>
Revenue Growth: Charter Communications displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 0.19%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Communication Services sector.
Profitability Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 40.28%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Charter Communications's EPS is notably higher than the industry average. The company achieved a positive bottom-line trend with a current EPS of 8.58.
</li>
</ul>
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 7.58, caution is advised due to increased financial risk.
Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Charter Communications's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 10.6.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 0.9 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 6.89 reflects market recognition of Charter Communications's value, positioning it as more highly valued compared to industry peers.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
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<h3>Unmasking the Significance of Insider Transactions</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Unlocking the Meaning of Transaction Codes</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001091667">Check Out The Full List Of Charter Communications's Insider Trades.</a>
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Insider Trades

Trading Ideas

CHTR

Charter Communications Recent Insider Activity

Charter Communications's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NYSE">CHTR</a>) short percent of float has risen 4.94% since its last report. The company recently reported that it has 12.48 million shares sold short, which is 12.95% of all regular shares that are available for trading. Based on its trading volume, it would take traders 7.38 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Charter Communications Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728925224_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Charter Communications has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Charter Communications's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Charter Communications's peer group average for short interest as a percentage of float is 8.62%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into Charter Communications's Recent Short Interest

New Multi-Year Partnership Includes Continued Carriage of NBCUniversal's Broadcast and Cable Networks and Peacock Premium for Spectrum Video Customers at No Additional Cost
NEW YORK and STAMFORD, Conn., Oct. 2, 2024 /PRNewswire/ -- NBCUniversal and Charter Communications, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) today announced a holistic content distribution agreement that further transforms the rapidly shifting video landscape by adding NBCUniversal's Peacock, NBCUniversal's streaming service, for Spectrum TV Select video customers. Through this mutually beneficial multi-year deal, Charter will continue its carriage of NBCUniversal's full portfolio of broadcast, entertainment, Hispanic, news and sports networks while advancing its industry-leading strategy of including streaming apps in the cable bundle by making ad-supported Peacock available to Spectrum TV Select customers at no additional cost in the coming months.

CMCSA

NBCUniversal And Charter Communications Announce Renewal Agreement That Maximizes Customer Value By Combining Linear Video And Direct-To-Consumer Streaming

Analysts' ratings for Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) over the last quarter vary from bullish to bearish, as provided by 15 analysts.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $354.93, along with a high estimate of $525.00 and a low estimate of $255.00. This upward trend is evident, with the current average reflecting a 11.64% increase from the previous average price target of $317.92.
<img src="https://www.benzinga.com/files/images/story/2024/1727704854_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The analysis of recent analyst actions sheds light on the perception of Charter Communications by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Peter Supino</td>
<td>Wolfe Research</td>
<td>Announces</td>
<td>Underperform</td>
<td>$300.00</td>
<td>-</td>
</tr>
<tr>
<td>Jonathan Atkin</td>
<td>RBC Capital</td>
<td>Announces</td>
<td>Sector Perform</td>
<td>$345.00</td>
<td>-</td>
</tr>
<tr>
<td>Michael Rollins</td>
<td>Citigroup</td>
<td>Announces</td>
<td>Neutral</td>
<td>$350.00</td>
<td>-</td>
</tr>
<tr>
<td>Michael Rollins</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Sell</td>
<td>$350.00</td>
<td>$255.00</td>
</tr>
<tr>
<td>Bryan Kraft</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$325.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Gregory Williams</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$525.00</td>
<td>$488.00</td>
</tr>
<tr>
<td>Benjamin Swinburne</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$360.00</td>
<td>$330.00</td>
</tr>
<tr>
<td>Kannan Venkateshwar</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$300.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Sebastiano Petti</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$385.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Steven Cahall</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$350.00</td>
<td>$260.00</td>
</tr>
<tr>
<td>Jessica Ehrlich</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$385.00</td>
<td>$360.00</td>
</tr>
<tr>
<td>Barton Crockett</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Neutral</td>
<td>$329.00</td>
<td>$292.00</td>
</tr>
<tr>
<td>Jeffrey Wlodarczak</td>
<td>Pivotal Research</td>
<td>Raises</td>
<td>Buy</td>
<td>$435.00</td>
<td>$400.00</td>
</tr>
<tr>
<td>Benjamin Swinburne</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$330.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Michael Rollins</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Sell</td>
<td>$255.00</td>
<td>$280.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Charter Communications. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Charter Communications compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Charter Communications's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
To gain a panoramic view of Charter Communications's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/CHTR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Charter Communications analyst ratings.</a>
<h2>About Charter Communications</h2>
Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 58 million US homes and businesses, around 40% of the country. Across this footprint, Charter serves 30 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest US cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.
<h3>Understanding the Numbers: Charter Communications's Finances</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Charter Communications displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 0.19%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Communication Services sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Charter Communications's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 9.0%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Charter Communications's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 9.95%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Charter Communications's ROA excels beyond industry benchmarks, reaching 0.83%. This signifies efficient management of assets and strong financial health.
Debt Management: Charter Communications's debt-to-equity ratio surpasses industry norms, standing at 7.58. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>Analyst Ratings: Simplified</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Where Charter Communications Stands With Analysts

Wolfe Research analyst Peter Supino downgrades Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) from Peer Perform to Underperform and announces $300 price target.

Downgrades

Price Target

Wolfe Research Downgrades Charter Communications to Underperform, Announces $300 Price Target

Last week, China's central bank&nbsp;shared plans to cut banks' reserve requirement ratio (RRR) by 50 basis points or half a percentage point, boosting US-listed Chinese companies' <a target="_blank" href="https://www.benzinga.com//node/41065178" rel="noreferrer noopener">stocks&nbsp;across sectors</a>.
These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>JD.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) shares rocketed 39.75% after the People's Bank of China announced a reduction in the amount of cash banks need to hold and outlined plans <a href="https://www.benzinga.com//node/41062614" target="_blank" rel="noreferrer noopener">to support the struggling property market</a>.</li>
<li>KE Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEKE#NYSE">BEKE</a>) stock jumped 39.18% following a report suggesting China will issue up to $284 billion of sovereign debt as part of a stimulus.</li>
<li>PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) shares upped 35.52%, probably following a report suggesting that China will issue up to&nbsp;$284 billion&nbsp;in <a href="https://www.benzinga.com//node/41026720" target="_blank" rel="noreferrer noopener">sovereign debt as part of a stimulus</a>.</li>
<li>Liberty Broadband Corporation's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBRDA#NASDAQ">LBRDA</a>) stock increased 31.74% after the company announced it had communicated a counterproposal to the special committee of the board of directors of&nbsp;<a href="https://www.benzinga.com//node/41015233" target="_blank" rel="noreferrer noopener">Charter Communications, Inc.</a><a href="https://www.benzinga.com//node/41015233" target="_blank" rel="noreferrer noopener"> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>)</a>.&nbsp;</li>
<li>Yum China Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUMC#NYSE">YUMC</a>) stock upped 27.64% on China's stimulus.</li>
<li>H World Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTHT#NASDAQ">HTHT</a>) stock upped 26.43% on pin action in Chinese stocks.</li>
<li>Trip.com Group Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCOM#NASDAQ">TCOM</a>) stock gained 26.02% in the last week on pin action in Chinese stocks.</li>
<li>Nio Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) gained 23.48% last week, joining the rally in Chinese stocks, which was boosted by the government stimulus plans.</li>
<li>Wynn Resorts, Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>) stock upped 22.47% following Morgan Stanley's upgrade from Equal-Weight to Overweight <a href="https://www.benzinga.com/quote/WYNN/analyst-ratings" target="_blank" rel="noreferrer noopener">and raising the price target</a> from $97 to $104.</li>
<li>Baidu Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) gained 21.95% by joining the rally in Chinese stocks, which got a boost from the government stimulus plans.</li>
</ol>
Alibaba Group Holding Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) and Li Auto Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) also joined the Chinese stock rally last week, each gaining over 20%.
Also Read:
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<li><a href="https://www.benzinga.com/news/large-cap/24/09/41082509/regeneron-pharma-super-micro-computer-and-global-payments-are-among-top-10-large-cap-losers-last-w">Regeneron Pharma, Super Micro Computer And Global Payments Are Among Top 10 Large Cap Losers Last Week (Sept 23-Sept 27): Are The Others In Your Portfolio?</a></li>
</ul>
Photo by Eric Prouzet on Unsplash

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BIDU

HTHT

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Citigourp Global Markets 2% Protected Notes Linked To The Djia

TCOM

WYNN

YUMC

Chinese Stocks Dominate - JD.com And Temu Parent PDD Are Among Top 10 Large Cap Gainers Last Week (Sept 23-Sept 27): Are The Others In Your Portfolio?

Whales with a lot of money to spend have taken a noticeably bullish stance on Charter Communications.
Looking at options history for Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) we detected 17 trades.
If we consider the specifics of each trade, it is accurate to state that 64% of the investors opened trades with bullish expectations and 17% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $186,140 and 12, calls, for a total amount of $1,170,868.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $220.0 and $440.0 for Charter Communications, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Charter Communications's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Charter Communications's significant trades, within a strike price range of $220.0 to $440.0, over the past month.
<h3>Charter Communications Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727464642_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CHTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$102.0</td>
<td>$99.0</td>
<td>$100.5</td>
<td>$300.00</td>
<td>$376.2K</td>
<td style="text-align: right;">561</td>
<td style="text-align: right;">85</td>
</tr>
<tr>
<td>CHTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$104.6</td>
<td>$99.0</td>
<td>$102.0</td>
<td>$300.00</td>
<td>$234.6K</td>
<td style="text-align: right;">561</td>
<td style="text-align: right;">33</td>
</tr>
<tr>
<td>CHTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$104.3</td>
<td>$99.0</td>
<td>$102.0</td>
<td>$300.00</td>
<td>$153.0K</td>
<td style="text-align: right;">561</td>
<td style="text-align: right;">48</td>
</tr>
<tr>
<td>CHTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$91.9</td>
<td>$89.7</td>
<td>$91.9</td>
<td>$260.00</td>
<td>$64.3K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">7</td>
</tr>
<tr>
<td>CHTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/19/25</td>
<td>$130.4</td>
<td>$126.0</td>
<td>$127.9</td>
<td>$220.00</td>
<td>$63.9K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
</tr>
</tbody>
</table>

<h3>About Charter Communications</h3>
Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 58 million US homes and businesses, around 40% of the country. Across this footprint, Charter serves 30 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest US cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.
In light of the recent options history for Charter Communications, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Charter Communications Standing Right Now?</h3>
<ul>
<li>With a volume of 835,046, the price of CHTR is up 3.32% at $327.55. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 28 days.</li>
</ul>
<h3>What Analysts Are Saying About Charter Communications</h3>
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $347.5.
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&#x2A; In a cautious move, an analyst from RBC Capital downgraded its rating to Sector Perform, setting a price target of $345. 
&#x2A; An analyst from Citigroup has elevated its stance to Neutral, setting a new price target at $350. 
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Options

Markets

Behind the Scenes of Charter Communications's Latest Options Trends

Needham analyst Laura Martin reiterated a Buy rating for Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) with a <a href="https://www.benzinga.com/quote/DIS/analyst-ratings" target="_blank" rel="noreferrer noopener">$110&nbsp;price target</a>.
The re-rating is based on:
• Direct to Consumer&nbsp;(DTC)&nbsp;breakeven in fiscal 2024 with &#8220;double-digit&#8221; margins at maturity.
• 5.5 million to 6 million new subscribers from Charter Communications, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) starting in the second half of fiscal 2024.
• Disney&#8217;s $1.5 billion investment in Epic Games (to build Disney video games).
• 70% of $60 billion Parks CapX will be &#8220;incremental capacity&#8221; leading to a revenue boost.
• $8 billion of fiscal 2024 free cash flow, exclusive Taylor Swift concert rights for Disney+.
• A 50% higher dividend (to $0.90 per year) for a 1% yield.
• More than $3 billion of share repurchases in 2024.
Longer-term, Martin noted Disney&#8217;s asset mix of both digital and physical assets (i.e., an Omniverse) maximizes its economic value capture, that Disney benefits from generative AI and the company will be a takeover target by the Big Tech companies backed by its streaming moat and high-quality content libraries with hit film and TV franchises.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/40946183/disney-strikes-first-look-deal-with-spider-man-director-jon-watts-report" rel="noreferrer noopener">Disney Strikes First-Look Deal With Spider-Man Director Jon Watts: Report</a>
Martin lowered her fourth-quarter operating income and EPS estimates. Disney&#8217;s new fourth-quarter estimates are revenue of $22.2 billion, operating income of $3.6 billion, and adjusted EPS of $1.07.
Martin maintained her Entertainment revenue estimate of $10.6 billion. She cut her estimate for Linear Networks by 10% to $2.4 billion, reflecting continued linear subscriber declines in the quarter and the Disney carriage dispute with DirecTV exactly offset by higher box office revs for &#8220;Deadpool &amp; Wolverine&#8221; in the Content Sales segment. Martin estimates the operating income for this division to be $665 million.
Martin maintained her estimates for Sports revenues at $3.8 billion but raised her estimated operating income by 11% to $922 million, reflecting momentum and cadence in this division, evidenced in the third quarter. Martin maintained her revenue estimate for Experiences of $8.2 billion but cut her estimate for operating income by 13% to $1.7 billion to reflect the guidance of losses in the &#8220;mid-single digits.&#8221;
DIS Price Actions:&nbsp;Disney stock is up 1.32% at $95.16 at&nbsp;publication Thursday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/41045649/disney-trims-workforce-by-300-targets-corporate-departments-for-cost-management" target="_blank" rel="noreferrer noopener">Disney Trims Workforce By 300, Targets Corporate Departments for Cost Management</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Reiteration

Media

Disney's Streaming Surge, Epic Games Deal Among Key Growth Drivers, Says Analyst

On Wednesday, Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Charter Communications Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>), and Comcast Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) announced <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/n41028316/broadcom-charter-communications-and-comcast-to-jointly-develop-unified-docsis-chipsets-capable-of-" rel="noreferrer noopener">the joint development</a> of Unified DOCSIS chipsets for network nodes, smart amps, and cable modems.
The chipsets enable FDX and ESD versions of the DOCSIS 4.0 specification and set the stage for delivering over 25 Gbps speeds over existing networks.
&#8220;By pushing the benefits of AI and ML to the edge of our network, we are maximizing network performance, improving the internet experience, and introducing new and exciting services to support our customers&#8217; incredible appetite for more, higher quality data,&#8221; said&nbsp;Charlie Herrin,&nbsp;President, Technology, Product, Experience, Comcast.
Also on Wednesday, ICT provider&nbsp;FS revealed its <a target="_blank" href="https://www.benzinga.com/news/24/09/41020880/broadcom-chipset-fuels-fss-high-performance-ai-networking-solutions" rel="noreferrer noopener">400G and 800G Ethernet switches</a>, powered by&nbsp;Broadcom Tomahawk 5 chipsets for &nbsp;AI, big data, high-performance computing (HPC), and distributed storage.
Broadcom launched Sian 2 digital signal processing&nbsp;(DSP)&nbsp;for high-performance AI data centers earlier this week.
Broadcom stock is up 110% as it capitalizes on the AI shit.
Charter Communications stock has been down 28% in the last 12 months due to <a target="_blank" href="https://www.benzinga.com/news/earnings/24/07/40010194/charter-communications-analysts-increase-their-forecasts-after-upbeat-q2-earnings" rel="noreferrer noopener">residential Internet customer loss</a> caused by the expiry of the FCC&#8217;s Affordable Connectivity Program (&#8220;ACP&#8221;) subsidies. Comcast stock is down 9% as <a target="_blank" href="https://www.benzinga.com/news/earnings/24/07/39908857/comcasts-q2-earnings-studios-and-theme-parks-pull-revenue-lower-broadband-and-video-subs-fall" rel="noreferrer noopener">broadband and video subscriber losses</a> and lower revenue from Theme Parks and Studios weigh on the stock.
Price Actions: AVGO stock is up 0.29% at $175.34 at the last check Wednesday.
Photo via Wikimedia Commons

Tech

AVGO

New Broadcom Chipsets Set to Boost Comcast and Charter Networks With Over 25 Gbps Speed

Embedded AI/ML Capabilities to Improve Performance and Reliability, Create Economies of Scale and Chart a Path to 25Gbps Future Over Existing Network Infrastructure
&nbsp;
PALO ALTO, Calif. and STAMFORD, Conn. and PHILADELPHIA, Sept. 25, 2024 /PRNewswire/ --&nbsp;Broadcom Inc., Charter Communications, and Comcast today announced a joint development of Unified DOCSIS chipsets for network nodes, smart amps, and cable modems, enabling both FDX and ESD versions of the DOCSIS 4.0 specification, and setting the stage to deliver upwards of 25 Gbps speeds over existing networks. This specification brings together all the benefits of both DOCSIS ESD and DOCSIS FDX and includes support for both mid-split and high-split configurations.
Designed for compliance with the existing DOCSIS 4.0 standard and creating a foundation for the next generation, the technology solutions will enable all operators through a single and open standard, delivering on the following advantages:
&nbsp;
<ul>
<li>Economies of scale for the industry</li>
<li>Robust vendor ecosystem</li>
<li>Streamlined CableLabs certification and operator qualification</li>
</ul>

Broadcom, Charter Communications, And Comcast To Collaborate On Developing Unified DOCSIS Chipsets Supporting 25Gbps Speeds

Liberty Broadband Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBRDA#NASDAQ">LBRDA</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBRDK#NASDAQ">LBRDK</a>) shares climbed Tuesday after the company announced it communicated a counterproposal to the special committee of the board of directors of <a href="https://www.benzinga.com/pressreleases/24/09/b40991012/liberty-broadband-submits-counterproposal-to-charter-for-proposed-business-combination">Charter Communications, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>). </a>
The Details: Liberty Broadband announced on Monday it had outlined the terms of a proposed combination with Charter in an all-stock transaction intended to be tax-free whereby holders of each series of Liberty Broadband common stock would receive 0.2900 of a share of Charter Class A common stock. 
According to the terms of the counterproposal, Charter would assume or refinance Liberty Broadband&#8217;s debt at or prior to closing as well as Liberty Broadband&#8217;s outstanding preferred stock. The proposed transaction includes a closing date of June 30, 2027, or such earlier date as the parties shall mutually agree.
Read Next: <a href="https://www.benzinga.com/news/24/09/40991747/snowflake-stock-dips-on-offering-after-hours-what-to-know">Snowflake Stock Dips On Offering After-Hours: What To Know</a>
&#8220;Liberty&#8217;s proposed transaction would rationalize the dual corporate structure between Charter and Liberty Broadband, providing enhanced trading liquidity and removing Liberty Broadband&#8217;s existing governance rights. The certainty of a future transaction would provide clarity to our shareholders and continue our strong partnership with Charter in the interim," said Greg Maffei, Liberty Broadband president and CEO.
Liberty Broadband's shares climbed higher on heavy volume Tuesday with more than 1.3 million shares traded in the session, according to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>.
LBDRA Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Liberty Broadband shares ended Tuesday's session 28.39% higher at $76.87. 
Read Also:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40991529/what-happened-with-palantir-stock-today">What Happened With Palantir Stock Today?</a></li>
</ul>
Photo: Shutterstock

LBRDK

What Happened With Liberty Broadband Stock Today?

After the market ended at a fresh record on Monday, traders have positioned themselves for more gains. The index futures are modestly higher early Tuesday. China, the second largest economy in the world, decided to go bold, with the nation&#8217;s central bank announcing a series of stimulatory measures. This has sent commodities soaring, given China is a commodity-guzzling country. China&#8217;s growth has a bearing on the rest of the global economy as it is often called the world&#8217;s factory.
In the domestic market, traders may look ahead to a speech by a Federal Reserve official, a consumer confidence reading and a couple of house prices data. Momentum suggests additional gains but the overbought levels may introduce caution, especially ahead of key inflation data due this week and more labor market data that would roll out next week.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>+0.32%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>+0.19%</td>
</tr>
<tr>
<td>Dow</td>
<td>+0.17%</td>
</tr>
<tr>
<td>R2K</td>
<td>+0.44%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Tuesday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.23% to $570.96 and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) climbed 0.35% to $484.74, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Cues From Last Session:
U.S. stocks closed Monday&#8217;s session modestly higher although trading was marked by some degree of volatility. The major indices opened higher, as they digested comments from Fed officials, and reacted to S&amp;P Global private sector activity readings, which showed the manufacturing sector contracted more than expected. Minneapolis Fed President Neel Kashkari said in an interview with CNBC&#8217;s Squawk Box that he favored a slowdown in rate cuts.
The indices traded on a nervous note, with the Dow Industrials and the Nasdaq Composite dipping below the unchanged line in the mid-session before making a comeback. The Dow hit new intraday and closing highs, while the S&amp;P 500 Index, despite the mid-session volatility, traded in the green throughout the session and ended at a fresh high.
Among S&amp;P 500 sectors, real estate, utility, material, energy and consumer discretionary stocks advanced solidly. On the other hand, communication services, healthcare and IT stocks experienced modest weakness.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+0.14%</td>
<td>17,974.27</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+0.28%</td>
<td>5,718.57</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+0.15%</td>
<td>42,124.65</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.34%</td>
<td>2,220.28</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
The Fed delivered in line with expectations and it is now time to move to neutral on defensives vs. cyclicals, said Morgan Stanley&#8217;s U.S. Equity Strategist Mike Wilson. The valuation of defensives has reached extended levels and &#8220;we await more clarity on the labor data,&#8221; the strategist said. 
&#8220;Historically, defensives see fairly persistent outperformance 3-12 months following the Fed&#8217;s first cut, but can see initial, modest underperformance in the 1 month following the initial rate reduction,&#8221; Wilson said. The strategist recommended taking profits on the recent outperformance of defensives makes sense in the absence of knowing the outcome of the next labor report. 
Wilson said he continued to have conviction in his recommendation of large caps over small caps and also his bias for high-quality names.
WisdomTree Senior Economist and Wharton Professor Emeritus Jeremy Siegel said valuations across many sectors appear stretched by historical standards, particularly in the technology sector and AI-driven companies. &#8220;This reflects a broader market anticipation of substantial growth driven by technological advancements,&#8221; he said.
&#8220;As AI continues to evolve, it will be crucial to differentiate between companies that are genuinely creating value through innovative AI applications and those whose valuations are inflated by speculative interest.&#8221;
Siegel sees big rate cuts supporting small-cap companies that borrow at short-term borrowing rates as these companies have been the most impacted by the Fed&#8217;s aggressive rate hikes and they have some relatively cheap valuations in the U.S. market.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How To Trade Futures</a>
Upcoming Economic Data:
<ul>
<li>Federal Reserve Governor Michelle Bowman is scheduled to speak at 9 a.m. EDT.</li>
<li>The S&amp;P/Case-Shiller and Federal House Finance Agency are due to announce the results of their separate house price surveys for July at 9 a.m. EDT.</li>
<li>The Conference Board will announce its consumer confidence index for September at 10 a.m. EDT, with economists, on average, expecting the index to rise from 103.3 in August to 104 currently.</li>
<li>The Treasury is set to auction two-year notes at 1 p.m. EDT.</li>
</ul>
Stocks In Focus:
<ul>
<li>Liberty Broadband Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBRDA#NASDAQ">LBRDA</a>) shares soared over 18% <a href="https://www.benzinga.com/premarket">in premarket trading</a> after the company announced that it communicated a counterproposal to the Special Committee of the Board of Directors of Charter Communications, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) regarding its proposed acquisition by the latter.</li>
<li>Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) dropped over 3% following the company&#8217;s announcement concerning a convertible note offering.</li>
<li>Hawaiian Electric Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HE#NYSE">HE</a>) plunged over 11.50% after the company announced a commons stock offering.</li>
<li>AutoZone, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) and THOR Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) are among the companies due to <a href="https://www.benzinga.com/calendars/earnings">announce their quarterly results before the market opens.</a></li>
<li>Those reporting after the close include KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>), Progress Software Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>), Stitch Fix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFIX#NASDAQ">SFIX</a>) and Worthington Enterprises, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOR#NYSE">WOR</a>).</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Oil and gold futures climbed, with the latter trading in record territory amid stimulus measures announced by China&#8217;s central bank, and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is little changed at $63.5K level. The 10-year Treasury note climbed 5.5 points to 3.793%.
Asian stocks, though ending mixed, saw spectacular performances by the Chinese market. The Shanghai Composite Index soared over 4% on stimulus hopes, and this positivity seeped into the Hong Kong market. The Chinese stock market gauge&#8217;s performance marked the biggest one-day gain in over four years. 
The People&#8217;s Bank of China announced a slew of measures to kickstart domestic growth, which has been constrained by an ailing property sector. In a new conference in Beijing, central bank chief Pan Gongsheng said, &#8220;The reserve requirement ratio will be cut by 0.5 percentage points in the near future,&#8221; while he also hinted at reducing the policy interest rate and driving down the market benchmark interest rate to reinvigorate growth.
&#8216;The Taiwanese and South Korean markets also recorded decent gains. The Australian market retreated amid a pause decision by the central bank.
The European markets firmed up early Tuesday.
Read Next:
<ul>
<li>S&amp;P 500 Outpaces Wall Street Projections As Year-End Nears: Will The Rally Hold?</li>
</ul>
Image Via Shutterstock

Earnings

Equities

Futures

Previews

Economics

Federal Reserve

Pre-Market Outlook

$BTC

PRGS

SFIX

SNOW

Nasdaq, S&P 500 Futures Firm, China's Economic Stimulus Fuels Commodities, Bitcoin Steady: Here's What Traders Should Be Watching Tuesday

Liberty Broadband Corporation (&quot;Liberty Broadband&quot;) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBRDA#NASDAQ">LBRDA</a>, LBRDK, LBRDP)))) announced today that it communicated a counterproposal to the Special Committee of the Board of Directors of Charter Communications, Inc. (&quot;Charter&quot;) (the Special Committee referred to as &quot;Charter Special Committee&quot;) in response to an initial merger proposal sent by the Charter Special Committee. In its counterproposal, Liberty Broadband outlined the terms of a proposed combination of Liberty Broadband with Charter in an all-stock transaction intended to be tax-free whereby holders of each series of Liberty Broadband common stock would receive 0.2900 of a share of Charter Class A common stock (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) in exchange for each share of Liberty Broadband common stock. The proposed transaction includes a closing date of June 30, 2027 or such earlier date as the parties shall mutually agree.

Offerings

Liberty Broadband Corporation Has Issued A Counterproposal To Charter Communications For An All-Stock, Tax-Free Merger, Suggesting Its Shareholders Receive 0.2900 Of A Charter Class A Common Stock Share For Each Liberty Broadband Share, With A Proposed Closing Date Of June 30, 2027

Warner Bros. Discovery (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wbd#NASDAQ">WBD</a>) is one of the world&#39;s biggest names when it comes to entertainment. Although it has overall been a bad year for the company&#39;s stock price, positive news has allowed shares to recover.
On September 12th, the company announced a multi-year deal with one of the largest U.S. cable TV companies, Charter Communications (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/chtr#NASDAQ">CHTR</a>), also known as Spectrum. Since the announcement, shares have been up 21%. Let&#39;s dive deeper into what the announcement means for Warner Bros.&#39;s long-term future&nbsp;and whether it can further reignite its shares.
<h2>Breaking Down Warner and Charter&#39;s Big Deal</h2>
The first notable point to make about the deal was that it was reached &quot;nearly one year early.&quot; This shows the two firms understand the need to move quickly in this space. Nielsen data shows that, in June, streaming hit a record market share in TV viewing.
Of the total time spent watching TV, 40.3% was through streaming services, an increase from 37.7% in Jun. 2023. Streaming increased its share mostly by taking from cable providers, whose share went from 30.6% to 27.2%.
Clearly, cable still has a place in the TV market, but it is slowly dying. One good thing about the deal between Warner and Charter is that it focuses on both cable and streaming. This allows the firms to look toward the future with streaming while also maintaining a solid base of customers who still prefer cable.
The deal gives Spectrum customers the ad-supported versions of Warner&#39;s HBO Max and Discovery+ streaming services at no extra charge. It also maintains the availability of Warner&#39;s cable channels like TNT, CNN, and the Food Network. Warner will be receiving higher fees going forward for all its cable channels except for TNT. Management actually saw the lack of a fee cut for TNT as a win since the network lost its rights to broadcast NBA games.
This is key as its &quot;networks&quot; segment is its largest revenue stream and most profitable segment. The network segment&#39;s 43% earnings before interest, taxes, depreciation, and amortization (EBITDA) margin over the last twelve months is strong. It far exceeds the streaming segment&#39;s figure by less than one percent.
Charter is planning to fully launch its direct-to-consumer (DTC) distribution to its cable customers in 2025. This could allow Warner to increase its subscribers by tapping into Charter&#39;s cable customers. HBO Max will be a &quot;preferred partner&quot; for Charter, presumably putting the app in the spotlight when it comes to marketing its DTC platform.
<h2>Taking the Good With the Bad</h2>
There are reasons to be excited, and reasons to not be so excited, about the deal. Charter reached a similar deal with Walt Disney Co.&nbsp;to carry the firm&#39;s ad-supported Disney+ service at no extra cost in January. Yet, reportedly only 10% of Charter&#39;s Select TV customers have signed up for the offer after it has been available for over six months.
This shows either a significant lack of interest from Charter&#39;s customer base and/or its lack of marketing of the product. However, it is apparently fixing issues that may have contributed to the lack of uptake. As Charter irons out problems with the service, Warner should benefit from Disney&#39;s use as a guinea pig.
Still, Charter is losing cable subscribers, making the deal less beneficial to Warner the more those losses continue. It lost 408,000 cable subscribers in Q2, a loss that more than doubled from the same period last year. For Warner and Charter&#39;s sake, hopefully the further inclusion of streaming services in cable packages can help stem these losses.
<h2>A Likely Step in the Right Direction, But Not Proven Yet</h2>
Overall, it feels too early to say that this deal will fully reignite Warner Bros.&#39;s shares. The increased fees for TV networks should help bolster profitability in that area, creating some stability. However, Warner&#39;s streaming services must boost their profits. Their EBITDA fluctuates between slightly positive and slightly negative each quarter.
The deal should help with that immediately, as the company can leverage Charter&#39;s reach and marketing efforts. Disney saw its streaming service have its first profitable quarter in the same quarter its agreement with Charter began.
However, these streaming businesses will need to demonstrate stronger uptake to prove these deals are driving significant growth.
The article &quot;<a href="https://www.nasdaq.com/articles/warner-bross-new-deal-spark-it-needs-reignite-shares">Is Warner Bros.&#39;s New Deal the Spark It Needs to Reignite Shares?</a>&quot; first appeared on MarketBeat.

Entertainment

Management

Global

General

Is Warner Bros.'s New Deal the Spark It Needs to Reignite Shares?

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Communication Services sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>META</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$565.00</td>
<td>$25.4K</td>
<td>369</td>
<td>3.3K</td>
</tr>
<tr>
<td>GOOG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$170.00</td>
<td>$39.6K</td>
<td>13.1K</td>
<td>1.7K</td>
</tr>
<tr>
<td>ASTS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$45.00</td>
<td>$70.5K</td>
<td>267</td>
<td>506</td>
</tr>
<tr>
<td>TMUS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$200.00</td>
<td>$29.2K</td>
<td>923</td>
<td>373</td>
</tr>
<tr>
<td>CHTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$240.00</td>
<td>$30.1K</td>
<td>86</td>
<td>366</td>
</tr>
<tr>
<td>RDDT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$60.00</td>
<td>$27.7K</td>
<td>1.6K</td>
<td>152</td>
</tr>
<tr>
<td>TTWO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$155.00</td>
<td>$49.5K</td>
<td>2.9K</td>
<td>67</td>
</tr>
<tr>
<td>DIS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$80.00</td>
<td>$63.7K</td>
<td>525</td>
<td>25</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$440.00</td>
<td>$26.2K</td>
<td>175</td>
<td>5</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For META (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 100 contract(s) at a $565.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $25.4K, with a price of $253.0 per contract. There were 369 open contracts at this strike prior to today, and today 3318 contract(s) were bought and sold. 
• For GOOG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), we notice a call option sweep that happens to be bearish, expiring in 28 day(s) on October 18, 2024. This event was a transfer of 200 contract(s) at a $170.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $39.6K, with a price of $198.0 per contract. There were 13155 open contracts at this strike prior to today, and today 1727 contract(s) were bought and sold. 
• For ASTS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>), we notice a call option trade that happens to be bearish, expiring in 847 day(s) on January 15, 2027. This event was a transfer of 50 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $70.5K, with a price of $1410.0 per contract. There were 267 open contracts at this strike prior to today, and today 506 contract(s) were bought and sold. 
• Regarding TMUS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), we observe a call option sweep with bearish sentiment. It expires in 28 day(s) on October 18, 2024. Parties traded 75 contract(s) at a $200.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $390.0 per contract. There were 923 open contracts at this strike prior to today, and today 373 contract(s) were bought and sold. 
• Regarding CHTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>), we observe a put option sweep with bullish sentiment. It expires in 182 day(s) on March 21, 2025. Parties traded 58 contract(s) at a $240.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $30.1K, with a price of $520.0 per contract. There were 86 open contracts at this strike prior to today, and today 366 contract(s) were bought and sold. 
• For RDDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 50 contract(s) at a $60.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $555.0 per contract. There were 1674 open contracts at this strike prior to today, and today 152 contract(s) were bought and sold. 
• For TTWO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTWO#NASDAQ">TTWO</a>), we notice a call option sweep that happens to be bullish, expiring in 119 day(s) on January 17, 2025. This event was a transfer of 63 contract(s) at a $155.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $49.5K, with a price of $786.0 per contract. There were 2964 open contracts at this strike prior to today, and today 67 contract(s) were bought and sold. 
• For DIS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>), we notice a call option trade that happens to be bullish, expiring in 819 day(s) on December 18, 2026. This event was a transfer of 25 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $63.7K, with a price of $2550.0 per contract. There were 525 open contracts at this strike prior to today, and today 25 contract(s) were bought and sold. 
• For NFLX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), we notice a call option trade that happens to be bullish, is expiring today. Parties traded 1 contract(s) at a $440.00 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $26200.0 per contract. There were 175 open contracts at this strike prior to today, and today 5 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ASTS

GOOG

NFLX

RDDT

TMUS

TTWO

9 Communication Services Stocks With Whale Alerts In Today's Session

Investors with significant funds have taken a bullish position in Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>), a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in CHTR usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 9 options transactions for Charter Communications. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 66% being bullish and 11% bearish. Of all the options we discovered, 8 are puts, valued at $272,166, and there was a single call, worth $75,600.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $250.0 and $450.0 for Charter Communications, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Charter Communications's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Charter Communications's whale trades within a strike price range from $250.0 to $450.0 in the last 30 days. 
<h3>Charter Communications Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726844479_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CHTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$26.4</td>
<td>$25.2</td>
<td>$25.2</td>
<td>$450.00</td>
<td>$75.6K</td>
<td style="text-align: right;">58</td>
<td style="text-align: right;">30</td>
</tr>
<tr>
<td>CHTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$3.9</td>
<td>$3.8</td>
<td>$3.8</td>
<td>$250.00</td>
<td>$43.7K</td>
<td style="text-align: right;">286</td>
<td style="text-align: right;">236</td>
</tr>
<tr>
<td>CHTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$100.9</td>
<td>$99.0</td>
<td>$99.0</td>
<td>$400.00</td>
<td>$39.6K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">176</td>
</tr>
<tr>
<td>CHTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$4.2</td>
<td>$3.8</td>
<td>$3.8</td>
<td>$250.00</td>
<td>$35.3K</td>
<td style="text-align: right;">286</td>
<td style="text-align: right;">156</td>
</tr>
<tr>
<td>CHTR</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$4.0</td>
<td>$3.6</td>
<td>$3.8</td>
<td>$250.00</td>
<td>$33.4K</td>
<td style="text-align: right;">286</td>
<td style="text-align: right;">820</td>
</tr>
</tbody>
</table>

<h3>About Charter Communications</h3>
Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 58 million US homes and businesses, around 40% of the country. Across this footprint, Charter serves 30 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest US cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.
In light of the recent options history for Charter Communications, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of Charter Communications</h3>
<ul>
<li>Currently trading with a volume of 432,957, the CHTR's price is down by -0.09%, now at $331.03. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 35 days.</li>
</ul>
<h3>Expert Opinions on Charter Communications</h3>
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $347.5.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Reflecting concerns, an analyst from RBC Capital lowers its rating to Sector Perform with a new price target of $345. 
&#x2A; An analyst from Citigroup has elevated its stance to Neutral, setting a new price target at $350. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Charter Communications with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Charter Communications's Options: A Look at What the Big Money is Thinking

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e60ff475f2b9b000113c537/adam-maeder">Piper Sandler analyst Adam Maeder</a> initiated coverage on Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>) with an Overweight rating and announced a price target of $131. Abbott shares fell 2.8% to close at $114.88 on Wednesday. <a href="https://www.benzinga.com/quote/ABT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Roth MKM analyst Scott Fortune initiated coverage on Turning Point Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPB#NYSE">TPB</a>) with a Buy rating and announced a price target of $50. Turning Point Brands shares gained 0.9% to close at $39.03 on Wednesday. <a href="https://www.benzinga.com/quote/TPB/analyst-ratings">See how other analysts view this stock.</a></li>
<li>R<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/641c1355c9c7840001d30a8f/james-rollyson">aymond James analyst James Rollyson</a> initiated coverage on Helix Energy Solutions Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLX#NYSE">HLX</a>) with a Strong Buy rating and announced a price target of $14. Helix Energy shares fell 1.8% to close at $9.84 on Wednesday. <a href="https://www.benzinga.com/quote/HLX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>RBC Capital analyst Jonathan Atkin initiated coverage on Charter Communications, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) with a Sector Perform rating and announced a price target of $345. Charter Communications shares gained 0.1% to close at $339.64 on Wednesday. <a href="https://www.benzinga.com/quote/CHTR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Mizuho analyst William Janela initiated coverage on Northern Oil and Gas, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOG#NYSE">NOG</a>) with an Outperform rating and announced a price target of $47. Northern Oil &amp; Gas shares rose 0.3% to close at $36.17 on Wednesday. <a href="https://www.benzinga.com/quote/NOG/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying ABT stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="512" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19083945/image-154-1024x512.png" alt="" class="wp-image-556133" style="width:656px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19083945/image-154-1024x512.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19083945/image-154-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19083945/image-154-768x384.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19083945/image-154.png 1325w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read Next: 
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<li><a href="https://www.benzinga.com/news/earnings/24/09/40925678/fedex-gears-up-for-q1-print-here-are-the-recent-forecast-changes-from-wall-streets-most-accurate-an">FedEx Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street&#8217;s Most Accurate Analysts</a></li>
</ul>

Initiation

This Abbott Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Thursday

RBC Capital analyst Jonathan Atkin initiates coverage on Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) with a Sector Perform rating and announces Price Target of $345.

RBC Capital Initiates Coverage On Charter Communications with Sector Perform Rating, Announces Price Target of $345

Liberty Broadband Corp, Board Member at Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>), executed a substantial insider sell on September 17, according to an SEC filing.
What Happened: After conducting a thorough analysis, Corp sold 40,027 shares of Charter Communications. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001611983/000110465924100740//Archives/edgar/data/1611983/000110465924100740/0001104659-24-100740-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total transaction value is $14,275,229.
Charter Communications shares are trading down 0.19% at $338.69 at the time of this writing on Wednesday morning.
<h3>Get to Know Charter Communications Better</h3>
Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 58 million US homes and businesses, around 40% of the country. Across this footprint, Charter serves 30 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest US cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.
<h3>Charter Communications: A Financial Overview</h3>
Revenue Growth: Charter Communications displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 0.19%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Communication Services sector, the company excelled with a growth rate higher than the average among peers.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 40.28%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 8.58, Charter Communications showcases strong earnings per share.
</li>
</ul>
Debt Management: Charter Communications's debt-to-equity ratio stands notably higher than the industry average, reaching 7.58. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: Charter Communications's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 10.83.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 0.92 is lower than the industry average, implying a discounted valuation for Charter Communications's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio of 6.94, the company's market valuation exceeds industry averages.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
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<h3>Understanding the Significance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>A Closer Look at Important Transaction Codes</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001091667">Check Out The Full List Of Charter Communications's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Unloading: Liberty Broadband Corp Sells $14.28M Worth Of Charter Communications Shares

Designed to provide broad exposure to the Large Cap Blend segment of the US equity market, the Invesco Russell 1000 Equal Weight ETF (ARCA:EQAL) is a passively managed exchange traded fund launched on 12/23/2014.
The fund is sponsored by Invesco. It has amassed assets over $609.44 million, making it one of the average sized ETFs attempting to match the Large Cap Blend segment of the US equity market.
<h2>Why Large Cap Blend</h2>
Large cap companies usually have a market capitalization above $10 billion. Overall, they are usually a stable option, with less risk and more sure-fire cash flows than mid and small cap companies.
Blend ETFs are aptly named, since they tend to hold a mix of growth and value stocks, as well as show characteristics of both kinds of equities.
<h2>Costs</h2>
When considering an ETF&#39;s total return, expense ratios are an important factor, and cheaper funds can significantly outperform their more expensive counterparts in the long term if all other factors remain equal.
Annual operating expenses for this ETF are 0.20%, putting it on par with most peer products in the space.
It has a 12-month trailing dividend yield of 1.67%.
<h2>Sector Exposure and Top Holdings</h2>
Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund&#39;s holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.
This ETF has heaviest allocation to the Information Technology sector--about 12.20% of the portfolio. Financials and Real Estate round out the top three.
Looking at individual holdings, Charter Communications Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/chtr#NASDAQ">CHTR</a>) accounts for about 0.69% of total assets, followed by Liberty Broadband Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lbrdk#NASDAQ">LBRDK</a>) and Ubiquiti Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ui#NYSE">UI</a>).
The top 10 holdings account for about 6.03% of total assets under management.
<h2>Performance and Risk</h2>
EQAL seeks to match the performance of the Russell 1000 Equal Weight Index before fees and expenses. The Russell 1000 Equal Weight Index is composed of securities in the Russell 1000 Index and is equally weighted across nine sector groups with each security within the sector receiving equal weight.
The ETF has added about 9.20% so far this year and it&#39;s up approximately 16.71% in the last one year (as of 09/17/2024). In the past 52-week period, it has traded between $37.43 and $47.80.
The ETF has a beta of 1.10 and standard deviation of 18.24% for the trailing three-year period, making it a medium risk choice in the space. With about 997 holdings, it effectively diversifies company-specific risk.
<h2>Alternatives</h2>
Invesco Russell 1000 Equal Weight ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, EQAL is a reasonable option for those seeking exposure to the Style Box - Large Cap Blend area of the market. Investors might also want to consider some other ETF options in the space.
The iShares Core S&amp;P 500 ETF (ARCA:IVV) and the SPDR S&amp;P 500 ETF track a similar index. While iShares Core S&amp;P 500 ETF has $521.05 billion in assets, SPDR S&amp;P 500 ETF has $555.26 billion. IVV has an expense ratio of 0.03% and SPY charges 0.09%.
<h2>Bottom-Line</h2>
While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency.
<a href="https://www.zacks.com/stock/news/2336917/should-invesco-russell-1000-equal-weight-etf-eqal-be-on-your-investing-radar?cid=CS-BENZ-FT-style_box_etf-2336917">To read this article on Zacks.com click here.</a>

Mid Cap

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EQAL

Should Invesco Russell 1000 Equal Weight ETF Be on Your Investing Radar?

Today, I'm going to share an excerpt from my fall letter to clients. I'll discuss Charter Communications and Liberty Broadband, the vehicle through which we own Charter.

The Infinite Game In Telecom

Wolfe Research analyst Peter Supino downgraded the rating on Charter Communications (CHTR – Research Report) to a Sell today, setting a price targe...

Charter Communications Sell Rating: Competitive Pressures and Financial Headwinds Ahead

Charter, NBCUniversal to provide Peacock streaming service to Spectrum customers for free

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Morgan Stanley analyst Benjamin Swinburne maintained a Hold rating on Charter Communications (CHTR – Research Report) today and set a price target ...

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Top 10 rated U.S. value stocks per SA quant metrics

In a report released today, Kannan Venkateshwar from Barclays maintained a Sell rating on Charter Communications (CHTR – Research Report), with a p...

Charter Communications (CHTR) Gets a Sell from Barclays

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Charter Communications most shorted S&P 500 communications stock in September; Alphabet least shorted

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Press Releases

AMC NETWORKS AND CHARTER COMMUNICATIONS ANNOUNCE EARLY MULTI-YEAR RENEWAL AGREEMENT FOR DISTRIBUTION OF AMC NETWORKS' LINEAR NETWORKS AND DIRECT-TO-CONSUMER STREAMING SERVICE

Contracts

WARNER BROS. DISCOVERY AND CHARTER COMMUNICATIONS ANNOUNCE EARLY RENEWAL AGREEMENT THAT FURTHER REIMAGINES THE FUTURE OF VIDEO

SPECTRUM ANNOUNCES UNPRECEDENTED CUSTOMER COMMITMENT, FREE INTERNET SPEED LIFTS AND NEW BUNDLED PRICING

CHARTER AWARDS $1.3 MILLION IN 2024 SPECTRUM DIGITAL EDUCATION GRANTS, SURPASSING $10 MILLION MILESTONE

SPECTRUM REACH GIVES SMALL LOCAL BUSINESS ADVERTISERS ACCESS TO BROADER INVENTORY, GREATER SCALE THROUGH NEW COLLABORATION WITH AMAZON ADS

Liberty Broadband Submits Counterproposal to Charter for Proposed Business Combination

Broadcom, Charter Communications and Comcast to Jointly Develop Unified DOCSIS Chipsets Capable of 25Gbps Speeds

Charter to Hold Webcast to Discuss Third Quarter 2024 Financial and Operating Results

NBCUNIVERSAL AND CHARTER COMMUNICATIONS ANNOUNCE RENEWAL AGREEMENT THAT MAXIMIZES CUSTOMER VALUE BY COMBINING LINEAR VIDEO AND DIRECT-TO-CONSUMER STREAMING

SPECTRUM COMMUNITY SOLUTIONS SIMPLIFIES MOVE-IN DAY FOR RESIDENTS OF MULTIFAMILY PROPERTIES AND BULK SINGLE-FAMILY COMMUNITIES WITH 'SPECTRUM READY'

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BENZINGA NEL MONDO