Optimum Communications short interest was 41.53% of the float on May 15th, according to new data we received from Benzinga. Short interest totaled 31,641,393 shares, which was an increase of 3.2% from April 30th.
It is estimated that it would take 6.95 days for short sellers to buy back their shares, with current trading volumes.
Optimum Communications Hedge Fund Activity
We have seen 92 institutional investors add shares of Optimum Communications stock to their portfolio, and 92 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MILLENNIUM MANAGEMENT LLC removed 5,311,249 shares (-35.8%) from their portfolio in Q1 2026, for an estimated $6,904,623
- PRIMECAP MANAGEMENT CO/CA/ removed 4,869,860 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $8,035,269
- CENTERBRIDGE PARTNERS, L.P. added 4,679,533 shares (+inf%) to their portfolio in Q1 2026, for an estimated $6,083,392
- NORGES BANK added 4,623,111 shares (+inf%) to their portfolio in Q4 2025, for an estimated $7,628,133
- HUDSON BAY CAPITAL MANAGEMENT LP added 4,292,490 shares (+68.7%) to their portfolio in Q1 2026, for an estimated $5,580,237
- POINT72 ASSET MANAGEMENT, L.P. added 3,381,296 shares (+179.3%) to their portfolio in Q1 2026, for an estimated $4,395,684
- FOURSIXTHREE CAPITAL LP removed 3,329,523 shares (-71.8%) from their portfolio in Q1 2026, for an estimated $4,328,379
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Optimum Communications Insider Trading Activity
Optimum Communications insiders have traded $OPTU stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $OPTU stock by insiders over the last 6 months:
- DEXTER GOEI has made 0 purchases and 2 sales selling 1,514,182 shares for an estimated $2,684,818.
- MICHAEL OLSEN (General Counsel and CCRO) has made 0 purchases and 5 sales selling 330,000 shares for an estimated $508,000.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Optimum Communications Price Targets
Multiple analysts have issued price targets for $OPTU recently. We have seen 4 analysts offer price targets for $OPTU in the last 6 months, with a median target of $1.0.
Here are some recent targets:
- Michael Rollins from Citigroup set a target price of $0.5 on 05/15/2026
- John Hodulik from UBS set a target price of $1.0 on 05/14/2026
- Kannan Venkateshwar from Barclays set a target price of $1.0 on 05/08/2026
- Kutgun Maral from Evercore ISI Group set a target price of $2.0 on 02/13/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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