Shenandoah Telecommunications Company (SHEN) reported third-quarter 2026 revenue of $93.9 million, up 4.6% from a year earlier. The company recorded a net loss of $9.2 million, compared with a $9.4 million net loss in the third quarter of 2025.
Glo Fiber Expansion Markets revenue rose 32.2% to $28.2 million, while commercial fiber revenue increased 5.9% to $21.1 million.
- Net loss per common share was $0.19 on both a basic and diluted basis, compared with $0.20 a year earlier.
- Adjusted EBITDA, a non-GAAP measure, increased 11.8% to $33.2 million.
- Glo Fiber Expansion Markets reached 500,584 homes and businesses passed, up from 400,323 a year earlier.
- Capital expenditures totaled $215.0 million for the first nine months of 2026, versus $251.5 million in the prior-year period.
- The company maintained 2026 revenue guidance of $370 million to $377 million and raised capital-expenditure guidance, net of government grant reimbursements, to $255 million to $275 million.
$SHEN Insider Trading Activity
$SHEN insiders have traded $SHEN stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $SHEN stock by insiders over the last 6 months:
- JAMES J VOLK (SVP Finance & CFO) has made 2 purchases buying 4,283 shares for an estimated $49,999 and 0 sales.
- EDWARD H MCKAY (President & CEO) purchased 2,000 shares for an estimated $24,280
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.
$SHEN Hedge Fund Activity
We have seen 92 institutional investors add shares of $SHEN stock to their portfolio, and 65 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 718,217 shares (+inf%) to their portfolio in Q2 2026, for an estimated $10,830,712
- ROYCE & ASSOCIATES LP added 606,574 shares (+1661.0%) to their portfolio in Q2 2026, for an estimated $9,147,135
- WHITEBARK INVESTORS LP removed 559,292 shares (-77.0%) from their portfolio in Q2 2026, for an estimated $8,434,123
- MILLENNIUM MANAGEMENT LLC removed 461,783 shares (-38.7%) from their portfolio in Q2 2026, for an estimated $6,963,687
- COOPER INVESTORS PTY LTD removed 460,209 shares (-49.5%) from their portfolio in Q3 2026, for an estimated $5,163,544
- INVESCO LTD. removed 376,652 shares (-64.9%) from their portfolio in Q2 2026, for an estimated $5,679,912
- SOUTHEASTERN ASSET MANAGEMENT INC/TN/ removed 323,499 shares (-11.0%) from their portfolio in Q2 2026, for an estimated $4,878,364
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.
