ECP Fiber Holdings buys 30,000 Shenandoah Telecom shares at $12.59 per share.

Shenandoah Telecommunications Company has announced that ECP Fiber Holdings GP, LLC, a 10% owner, has acquired 30,000 shares at a price of $12.59 per share on August 12, 2025, and an additional 1,473 shares at $12.87 per share on August 13, 2025.

Shenandoah Telecommunications Company (NASDAQ: SHEN) has seen significant insider activity recently, with ECP Fiber Holdings GP, LLC, a 10% owner, acquiring an additional 30,000 shares at a price of $12.59 per share on August 12, 2025, and an additional 1,473 shares at $12.87 per share on August 13, 2025 [2]. This move comes amidst mixed financial results and leadership changes within the company.

In the second quarter of 2025, Shenandoah Telecommunications reported an earnings per share (EPS) of -$0.19, slightly surpassing the forecasted -$0.20, but revenue fell short of expectations, reaching $88.6 million compared to the anticipated $90.52 million [1]. The company's financial health is currently weak, with a market capitalization of $699.47 million and a negative net margin of 8.90% [2].

The recent insider purchases suggest a positive outlook on the company's future prospects. ECP Fiber Holdings GP, LLC's acquisition of 30,000 shares at an average price of $12.59 per share and an additional 1,473 shares at $12.87 per share indicates confidence in the company's potential [2]. This move follows similar insider purchases by Christopher E. French, the company's President and CEO, who acquired 16,800 shares on August 11, 2025 [1].

In leadership developments, Edward H. McKay has been appointed as the new President and Chief Executive Officer, effective September 1, 2025. French will transition to the role of Executive Chairman of the Board, continuing to guide company strategy and collaborate with senior leadership [1]. These changes in management may signal a new direction for the company.

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References
[1] https://www.investing.com/news/insider-trading-news/shenandoah-telecom-ceo-french-buys-198k-in-shares-93CH-4185155
[2] https://www.marketbeat.com/instant-alerts/ecp-controlco-llc-acquires-30000-shares-of-shenandoah-telecommunications-co-nasdaqshen-stock-2025-08-12/