Cincinnati Bell Inc. (NYSE:CBB)’s Chief Financial Officer R. Leigh Fox recently acquired 12,282 shares of common stock at the telecommunications services’ company, at a price of $3.9 per share. Mr. Fox now beneficially owns, following this reported transaction, 39,627 securities at the 779.24M Market Cap enterprise.
In fact, Mr. Fox has been the only insider to procure shares at Cincinnati Bell Inc. (NYSE:CBB) in 2014 so far. During 2013 Mr. Fox acquired 3,000 company shares, along with President & Ceo Theodore Torbeck and Chief Financial Officer Kurt Freyberger, who procured 100,000 and 15,000 securities.
Moreover, Mario Gabelli’s Gamco Investors also seems to feel confident in this company’s future, as it holds about 13.5 million shares, valued at $46,826. Royal Capital, Yale M. Fergang And Robert W. Medway’s hedge fund, also holds a big position within Cincinnati Bell Inc. (NYSE:CBB), with 2 million shares, worth $7.7 million, representing now 5.86% of its equity portfolio.