OPTUNYSECable & Other Pay Television ServicesFiscal year ends December 31
Optimum Communications, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$0.90+0.00 (+0.03%)
Close on Oct 19, 2026
- Market cap
- $402.43M
- P/E (TTM)
- –
- Dividend yield
- 0.00%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
82.0%
224M of 273M shares
Institutional holders
193
52 new, 36 sold out
Net institutional buying
-77M
In Q2 2026
Insider trades, 12 months
8 buys · 15 sales
Net sold $3.59M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Amos Meron | 23,100,000 | 8.10% | 13G (passive) amendment | Jun 30, 2025 |
| Dark Mirage, LP | 19,549,309 | 11.90% | 13G (passive) amendment | Jul 28, 2026 |
| Deutsche Bank Securities Inc\ | 19,465,329 | 6.90% | 13G (passive) amendment | Jun 30, 2026 |
| Barclays PLC | 19,275,919 | 6.95% | 13G (passive) amendment | Dec 31, 2024 |
| Ramya Rao | 19,275,919 | 6.95% | 13G (passive) amendment | Dec 31, 2024 |
| BlackRock, Inc. | 18,135,603 | 6.40% | 13G (passive) | Jun 30, 2025 |
| Deutsche Bank AG\ | 14,927,405 | 5.20% | 13G (passive) | Mar 31, 2026 |
| Israel A. Englander | 14,685,006 | 5.10% | 13G (passive) | Dec 26, 2025 |
| Empyrean Capital Partners, LP | 14,039,012 | 8.09% | 13G (passive) amendment | Jun 30, 2026 |
| Kite Lake Capital Management Ltd | 11,206,225 | 6.80% | 13G (passive) | Jul 1, 2026 |
| Patrick Drahi | 108,731,066 | 99.90% | 13G (passive) amendment | May 29, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of OPTU | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 19,543,542 | 7.17% | $28.34M | −960,412 | 0.00% |
| Milfam LLC | 15,920,494 | 5.84% | $23.08M | +7,150,494 | 18.01% |
| Kite Lake Capital Management (UK) LLP | 14,100,000 | 5.17% | $20.45M | +11,610,665 | 7.05% |
| Empyrean Capital Partners, LP | 14,039,012 | 5.15% | $6.40M | −10,539,395 | 0.21% |
| Vanguard Capital Management LLC | 12,127,418 | 4.45% | $17.58M | +465,489 | 0.00% |
| JPMorgan Chase & Co | 8,893,189 | 3.26% | $13.52M | −1,529,476 | 0.00% |
| BW Gestao de Investimentos Ltda. | 8,395,938 | 3.08% | $12.17M | +6,764,181 | 0.24% |
| Senator Investment Group LP | 8,000,000 | 2.94% | $11.60M | +3,000,000 | 0.42% |
| Millennium Management LLC | 7,723,322 | 2.83% | $11.20M | −1,800,343 | 0.00% |
| State Street Corp | 7,309,337 | 2.68% | $10.60M | +942,515 | 0.00% |
| Geode Capital Management, LLC | 6,906,316 | 2.53% | $10.02M | +730,190 | 0.00% |
| Charles Schwab Investment Management Inc | 5,478,453 | 2.01% | $7.94M | −1,182,838 | 0.00% |
| Balyasny Asset Management L.P. | 5,405,637 | 1.98% | $7.84M | New | 0.01% |
| Redwood Capital Management, LLC | 5,189,270 | 1.90% | $7.52M | −3,000,000 | 0.81% |
| Aqr Capital Management LLC | 5,008,479 | 1.84% | $7.26M | +3,365,785 | 0.00% |
| Vanguard Portfolio Management LLC | 4,776,118 | 1.75% | $6.93M | −4,650,526 | 0.00% |
| Renaissance Technologies LLC | 3,976,900 | 1.46% | $5.77M | +45,300 | 0.01% |
| Mount Capital Ltd | 3,889,664 | 1.43% | $5.64M | – | 2.13% |
| Silver Rock Financial LP | 3,800,000 | 1.39% | $5.51M | +1,000,000 | 11.88% |
| Barclays PLC | 3,753,855 | 1.38% | $5.44M | +3,646,549 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 193 | 224M | 82.0% | 52 / 67 | 48 / 36 | 63M | 141M |
| Q1 2026 | 179 | 301M | 100.0% | 30 / 63 | 49 / 25 | 56M | 30M |
| Q4 2025 | 176 | 303M | 100.0% | 36 / 54 | 58 / 30 | 48M | 55M |
| Q3 2025 | 172 | 310M | 100.0% | 29 / 52 | 58 / 22 | 40M | 40M |
| Q2 2025 | 166 | 310M | 100.0% | 36 / 60 | 37 / 25 | 67M | 32M |
| Q1 2025 | 156 | 275M | 100.0% | 19 / 53 | 38 / 19 | 34M | 18M |
| Q4 2024 | 158 | 259M | 95.1% | 21 / 50 | 45 / 27 | 51M | 41M |
| Q3 2024 | 165 | 249M | 91.4% | 29 / 49 | 50 / 31 | 76M | 68M |
| Q2 2024 | 169 | 248M | 91.2% | 33 / 34 | 59 / 27 | 39M | 43M |
| Q1 2024 | 164 | 253M | 92.7% | 16 / 45 | 64 / 31 | 41M | 30M |
| Q4 2023 | 179 | 242M | 88.7% | 27 / 59 | 57 / 33 | 41M | 41M |
| Q3 2023 | 188 | 242M | 88.9% | 25 / 56 | 59 / 28 | 25M | 31M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of OPTU | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 8,724,224 | 3.20% | $12.65M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 6,180,176 | 2.27% | $8.96M | 0.01% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 3,124,229 | 1.15% | $4.53M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 2,900,579 | 1.06% | $2.21M | 0.01% | Jul 31, 2026 |
| Schwab Fundamental U.S. Large Company ETF | 2,867,290 | 1.05% | $1.89M | 0.01% | May 31, 2026 |
| iShares Russell 2000 Value ETF | 2,077,976 | 0.76% | $3.01M | 0.02% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 1,411,080 | 0.52% | $928.77K | 0.00% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 1,335,826 | 0.49% | $879.24K | 0.01% | May 31, 2026 |
| Schwab U.S. Small-Cap ETF | 1,276,922 | 0.47% | $840.47K | 0.00% | May 31, 2026 |
| Schwab Fundamental U.S. Large Company Index Fund | 1,157,683 | 0.42% | $882.39K | 0.01% | Jul 31, 2026 |
| Vanguard Strategic Equity Fund | 1,128,577 | 0.41% | $1.64M | 0.01% | Jun 30, 2026 |
| Vanguard Communication Services Index Fund | 958,417 | 0.35% | $630.83K | 0.01% | May 31, 2026 |
| Vanguard Strategic Small-Cap Equity Fund | 883,169 | 0.32% | $1.28M | 0.04% | Jun 30, 2026 |
| Schwab Small-Cap Index Fund | 642,982 | 0.24% | $490.08K | 0.01% | Jul 31, 2026 |
| Master Small Cap Index Series | 525,727 | 0.19% | $762.30K | 0.01% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Dennis Mathew | Chairman and CEO, Director | 2,759,448 | 1.01% | Jun 2, 2026 |
| Michael Olsen | General Counsel and CCRO | 868,454 | 0.32% | Aug 5, 2026 |
| Marc Sirota | Chief Financial Officer | 1,034,406 | 0.38% | Jun 2, 2026 |
| Michael C. Parker | President of Consumer Services | 1,011,488 | 0.37% | Jun 2, 2026 |
| Maria Bruzzese | Chief Accounting Officer | 450,658 | 0.17% | Apr 10, 2026 |
| Colleen Schmidt | EVP Human Resources | 1,154,160 | 0.42% | Dec 30, 2024 |
| Susan C. Schnabel | Director | 125,697 | 0.05% | Jun 2, 2026 |
| Patrick Drahi | Director, 10% owner | 12,458,955 | 4.57% | Jun 2, 2026 |
| Mark Mullen | Director | 105,697 | 0.04% | Jun 2, 2026 |
| Charles Stewart | Director | 13,925 | 0.01% | Jun 2, 2026 |
| Raymond Svider | Director | 139,897 | 0.05% | Jun 2, 2026 |
| Alt S.a.r.l. Next | Director, 10% owner | 605,161,633 | 222.02% | Jun 2, 2026 |
| Dexter Goei | Director | 11,149,800 | 4.09% | Jun 2, 2026 |
| Llc Milfam | 10% owner | 16,516,955 | 6.06% | Aug 28, 2026 |
| Neil S. Subin | 10% owner | 19,549,309 | 7.17% | Aug 28, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Neil S. Subin 10% owner | Aug 25, 2026 | Buy | +400 | $0.85 | $340 | 19,549,309 |
| Neil S. Subin 10% owner | Aug 24, 2026 | Buy | +171,711 | $0.84 | $144.24K | 19,548,909 |
| Neil S. Subin 10% owner | Aug 21, 2026 | Buy | +535,191 | $0.85 | $454.91K | 19,377,198 |
| Neil S. Subin 10% owner | Aug 20, 2026 | Buy | +50,536 | $0.85 | $42.96K | 18,842,007 |
| Neil S. Subin 10% owner | Aug 19, 2026 | Buy | +1,291,471 | $0.84 | $1.08M | 18,791,471 |
| Michael Olsen General Counsel and CCRO | Aug 3, 2026 | Sale(10b5-1 plan) | −20,000 | $0.74 | $14.80K | 868,454 |
| Neil S. Subin 10% owner | Jul 31, 2026 | Buy | +120,958 | $0.74 | $89.51K | 17,500,000 |
| Neil S. Subin 10% owner | Jul 30, 2026 | Buy | +732,279 | $0.74 | $541.89K | 17,379,042 |
| Neil S. Subin 10% owner | Jul 29, 2026 | Buy | +129,808 | $0.76 | $98.65K | 16,646,763 |
| Michael Olsen General Counsel and CCRO | Jul 1, 2026 | Sale(10b5-1 plan) | −20,000 | $0.88 | $17.60K | 888,454 |
| Michael Olsen General Counsel and CCRO | Jun 29, 2026 | Tax withholding | −24,927 | $1.66 | $41.38K | 908,454 |
| Michael Olsen General Counsel and CCRO | Jun 1, 2026 | Sale(10b5-1 plan) | −20,000 | $1.12 | $22.40K | 933,381 |
| Dennis Mathew Chairman and CEO, Director | May 29, 2026 | Returned to company | −550,800 | – | – | 2,759,448 |
| Raymond Svider Director | May 29, 2026 | Returned to company | −82,800 | – | – | 139,897 |
| Mark Mullen Director | May 29, 2026 | Returned to company | −58,000 | – | – | 105,697 |
| Charles Stewart Director | May 29, 2026 | Returned to company | −10,000 | – | – | 13,925 |
| Michael C. Parker President of Consumer Services | May 29, 2026 | Returned to company | −218,800 | – | – | 1,011,488 |
| Dexter Goei Director | May 29, 2026 | Returned to company | −2,610,400 | – | – | 3,546,441 |
| Susan C. Schnabel Director | May 29, 2026 | Returned to company | −58,000 | – | – | 125,697 |
| Alt S.a.r.l. Next Director, 10% owner | May 29, 2026 | Returned to company | −5,846,652 | – | – | 0 |
| Michael Olsen General Counsel and CCRO | May 29, 2026 | Returned to company | −246,400 | – | – | 953,381 |
| Marc Sirota Chief Financial Officer | May 29, 2026 | Returned to company | −296,000 | – | – | 1,034,406 |
| Michael Olsen General Counsel and CCRO | May 1, 2026 | Sale(10b5-1 plan) | −20,000 | $1.59 | $31.80K | 1,199,781 |
| Maria Bruzzese Chief Accounting Officer | Apr 8, 2026 | Tax withholding | −5,914 | $1.29 | $7.63K | 450,658 |
| Michael Olsen General Counsel and CCRO | Apr 1, 2026 | Sale(10b5-1 plan) | −20,000 | $1.29 | $25.80K | 1,219,781 |
| Michael Olsen General Counsel and CCRO | Mar 2, 2026 | Sale(10b5-1 plan) | −20,000 | $1.40 | $28.00K | 1,239,781 |
| Marc Sirota Chief Financial Officer | Feb 27, 2026 | Tax withholding | −338,121 | $1.42 | $480.13K | 1,029,384 |
| Dennis Mathew Chairman and CEO, Director | Feb 27, 2026 | Tax withholding | −484,042 | $1.42 | $687.34K | 3,310,248 |
| Michael C. Parker President of Consumer Services | Feb 27, 2026 | Tax withholding | −137,217 | $1.42 | $194.85K | 1,230,288 |
| Maria Bruzzese Chief Accounting Officer | Feb 27, 2026 | Tax withholding | −24,282 | $1.42 | $34.48K | 456,572 |
| Michael Olsen General Counsel and CCRO | Feb 27, 2026 | Tax withholding | −236,496 | $1.42 | $335.82K | 1,259,781 |
| Michael Olsen General Counsel and CCRO | Feb 17, 2026 | Sale | −250,000 | $1.60 | $400.00K | 1,496,277 |
| Michael C. Parker President of Consumer Services | Dec 29, 2025 | Tax withholding | −154,385 | $1.66 | $256.28K | 1,367,505 |
| Dexter Goei Director | Dec 10, 2025 | Sale | −1,000,000 | $1.78 | $1.78M | 6,156,841 |
| Dexter Goei Director | Dec 9, 2025 | Sale | −514,182 | $1.75 | $899.82K | 7,156,841 |
| Dexter Goei Director | Dec 5, 2025 | Sale | −349,582 | $1.90 | $664.21K | 7,671,023 |
| Dexter Goei Director | Dec 4, 2025 | Sale | −109,505 | $1.91 | $209.15K | 8,020,605 |
| Dexter Goei Director | Dec 3, 2025 | Sale | −114,410 | $1.90 | $217.38K | 8,130,110 |
| Dexter Goei Director | Dec 2, 2025 | Sale | −32,228 | $1.90 | $61.23K | 8,244,520 |
| Dexter Goei Director | Dec 1, 2025 | Sale | −184,898 | $1.92 | $355.00K | 8,276,748 |
| Dexter Goei Director | Nov 26, 2025 | Sale | −695,195 | $1.90 | $1.32M | 8,461,646 |
| Dennis Mathew Chairman and CEO, Director | Oct 24, 2025 | Tax withholding | −220,043 | $2.17 | $477.49K | 3,794,290 |
| Michael Olsen General Counsel and CCRO | Jun 27, 2025 | Tax withholding | −24,927 | $2.12 | $52.85K | 1,746,277 |
| Maria Bruzzese Chief Accounting Officer | Apr 8, 2025 | Award | +49,213 | – | – | 480,854 |
| Marc Sirota Chief Financial Officer | Mar 18, 2025 | Award | +662,879 | – | – | 1,668,527 |
| Maria Bruzzese Chief Accounting Officer | Mar 18, 2025 | Award | +75,758 | – | – | 431,641 |
| Dennis Mathew Chairman and CEO, Director | Mar 18, 2025 | Award | +1,893,939 | – | – | 4,014,333 |
| Michael Olsen General Counsel and CCRO | Mar 18, 2025 | Award | +568,182 | – | – | 1,771,204 |
| Michael C. Parker President of Consumer Services | Mar 18, 2025 | Award | +426,136 | – | – | 1,521,890 |
| Maria Bruzzese Chief Accounting Officer | Mar 1, 2025 | Tax withholding | −19,785 | $2.87 | $56.78K | 355,883 |
| Marc Sirota Chief Financial Officer | Mar 1, 2025 | Tax withholding | −226,536 | $2.87 | $650.16K | 1,005,648 |
| Michael Olsen General Counsel and CCRO | Mar 1, 2025 | Tax withholding | −181,872 | $2.87 | $521.97K | 1,203,022 |
| Michael C. Parker President of Consumer Services | Mar 1, 2025 | Tax withholding | −52,726 | $2.87 | $151.32K | 1,095,754 |
| Dennis Mathew Chairman and CEO, Director | Mar 1, 2025 | Tax withholding | −114,227 | $2.87 | $327.83K | 2,120,394 |
| Mark Mullen Director | Feb 12, 2025 | Award | +53,381 | – | – | 163,697 |
| Raymond Svider Director | Feb 12, 2025 | Award | +53,381 | – | – | 222,697 |
| Susan C. Schnabel Director | Feb 12, 2025 | Award | +53,381 | – | – | 183,697 |
| Colleen Schmidt EVP Human Resources | Dec 29, 2024 | Tax withholding | −24,264 | $2.45 | $59.45K | 1,043,566 |
| Michael Olsen General Counsel & CCRO | Dec 29, 2024 | Tax withholding | −36,396 | $2.45 | $89.17K | 1,384,894 |
| Maria Bruzzese Chief Accounting Officer | Dec 29, 2024 | Tax withholding | −2,856 | $2.45 | $7.00K | 375,668 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Michael Olsen Officer | Aug 3, 2026 | 20,000 | $14.89K | Aug 3, 2026 | Restricted Stock Vesting |
| Michael Olsen Officer | Jul 1, 2026 | 20,000 | $17.60K | Jul 1, 2026 | Restricted Stock Vesting |
| Michael Olsen Officer | Jun 1, 2026 | 20,000 | $22.40K | Jun 1, 2026 | Restricted Stock Vesting |
| Michael Olsen Officer | May 1, 2026 | 20,000 | $31.80K | May 1, 2026 | Restricted Stock Vesting |
| Michael Olsen Officer | Apr 1, 2026 | 20,000 | $25.80K | Apr 1, 2026 | Restricted Stock Vesting |
| Michael Olsen Officer | Mar 2, 2026 | 20,000 | $28.00K | Mar 2, 2026 | Restricted Stock Vesting |
| Michael Olsen Officer | Feb 17, 2026 | 250,000 | $400.08K | Feb 17, 2026 | Restricted Stock Vesting |
| Goei Dexter Director | Dec 10, 2025 | 1,000,000 | $1.78M | Dec 10, 2025 | Profit Interest Program |
| Goei Dexter Director | Dec 9, 2025 | 514,182 | $901.62K | Dec 9, 2025 | Profit Interest Program |
| Goei Dexter Director | Dec 5, 2025 | 349,582 | $665.11K | Dec 5, 2025 | Profit Interest Program |
| Goei Dexter Director | Dec 4, 2025 | 109,505 | $208.68K | Dec 4, 2025 | Profit Interest Program |
| Goei Dexter Director | Dec 3, 2025 | 114,410 | $217.40K | Dec 3, 2025 | Profit Interest Program |
| Goei Dexter Director | Dec 2, 2025 | 32,228 | $61.23K | Dec 2, 2025 | Profit Interest Program |
| Goei Dexter Director | Dec 1, 2025 | 184,898 | $355.32K | Dec 1, 2025 | Profit Interest Program |
| Goei Dexter Director | Nov 26, 2025 | 695,195 | $1.32M | Nov 26, 2025 | Profit Interest Program |