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as 05-20-2024 2:33pm EST

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Telecommunications

Telecommunications Equipment

Nasdaq

With 450,000 route miles of fiber, Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 in 2017 and divestiture of much of its incumbent local exchange carrier, or ILEC, business in 2022 has shifted the company's operations away from its legacy consumer business and toward enterprises (now about 75% of revenue). Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers.

Founded: 1968 Country:
United States
United States
Employees: N/A City: MONROE
Market Cap: 1.3B IPO Year: 1972
Target Price: $1.64 AVG Volume (30 days): 10.7M
Analyst Decision: Hold Number of Analysts: 5
Dividend Yield: N/A Dividend Payout Frequency: N/A
EPS: -10.93 EPS Growth: N/A
52 Week Low/High: $0.78 - $2.50 Next Earning Date: 04-30-2024
Revenue: $14,109,000,000 Revenue Growth: -14.70%
Revenue Growth (this year): -6.62% Revenue Growth (next year): -3.18%

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Stock Insider Trading Activity of Lumen Technologies Inc. (LUMN)

Name Ticker Relationship Date Transaction Cost Per Share Shares Total Value Securities Owned After Transaction(s) SEC Form 4
Johnson Kathleen E LUMN President & CEO May 2 '24 Buy $1.28 750,000 $959,850.00 7,756,290 SEC Form 4
GLENN T MICHAEL LUMN Director Feb 26 '24 Buy $1.47 50,000 $73,300.00 272,019 SEC Form 4
Fowler James LUMN Director Feb 13 '24 Buy $1.62 2,500 $4,037.50 185,538 SEC Form 4
Fowler James LUMN Director Feb 13 '24 Buy $1.69 31,000 $52,390.00 216,538 SEC Form 4
Fowler James LUMN Director Feb 9 '24 Buy $1.50 30,000 $45,000.00 183,038 SEC Form 4
Johnson Kathleen E LUMN President & CEO Nov 2 '23 Buy $0.97 1,000,000 $970,000.00 5,148,592 SEC Form 4