Lumen Technologies EVP Stansbury buys shares worth $357,753

Lumen Technologies Inc. (NYSE:LUMN) Executive Vice President and CFO Christopher Stansbury reported the purchase of Lumen Technologies shares in multiple transactions on August 14 and 15, 2025. The total purchase amount was $357,753. The company, with a market capitalization of $4.54 billion, has seen its stock surge 17.8% over the past week.

The purchases were executed at a weighted average price of $4.2906 and $4.4387 per share. The prices actually paid for the stock ranged from $4.205 to $4.33 per share on August 14, and from $4.38 to $4.53 per share on August 15. According to InvestingPro analysis, while the company maintains strong liquidity with a current ratio of 2.13, its current trading price exceeds the calculated Fair Value. InvestingPro offers detailed insider trading analysis and 8 additional key insights for Lumen Technologies, available in the comprehensive Pro Research Report.

In other recent news, Lumen Technologies reported its second-quarter 2025 earnings, revealing a narrower-than-expected loss per share. The company posted an actual EPS of -$0.03, which was significantly better than the anticipated -$0.25, marking an 88% positive surprise. However, the revenue came in slightly below expectations at $3.09 billion, compared to the forecasted $3.11 billion. In addition to its earnings report, Lumen Technologies announced that it has surpassed 1,000 customers on its Network-as-a-Service (NaaS) platform. This milestone reflects the growing adoption of its platform, which was launched in late 2023. The NaaS platform allows businesses to digitally connect applications across various infrastructures with ease. These developments highlight Lumen’s ongoing efforts to enhance its service offerings and financial performance.

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