Optimum Communications, Inc. (OPTU) shareholders
OPTUNYSECable & Other Pay Television ServicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 4/3090% below fair value
$0.52−0.11 (-17.71%)
Close on Nov 13, 2026Market cap $142.96MP/E –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
18 buys · 15 sales
Net bought $27.64K
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 |
|---|---|---|---|---|
| Patrick Drahi | 108,731,066 | 99.90% | 13G (passive) amendment | May 29, 2026 |
| Empyrean Capital Partners, LP Joint filing with Amos Meron (5.22%) | 24,578,407 | 5.22% | 13G (passive) amendment | Mar 31, 2026 |
| Subin Neil S Joint filing with Milfam LLC (13.30%), Milfam Gp, LLC (13.30%) and 1 more | 21,777,316 | 13.30% | 13G (passive) amendment | Oct 22, 2026 |
| Milfam Gp, LLC Joint filing with Neil S. Subin (11.90%), Milfam LLC (11.90%) and 1 more | 19,549,309 | 11.90% | 13G (passive) amendment | Jul 28, 2026 |
| Deutsche Bank Securities Inc\ Joint filing with Deutsche Bank AG\ (6.90%) | 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 |
| Israel A. Englander Joint filing with Millennium Management LLC (5.10%), Millennium Group Management LLC (5.10%) | 14,685,006 | 5.10% | 13G (passive) | Dec 26, 2025 |
| Amos Meron Joint filing with Empyrean Capital Partners, LP (8.09%) | 14,039,012 | 8.09% | 13G (passive) amendment | Jun 30, 2026 |
| Kite Lake Capital Ltd. Joint filing with Kite Lake Capital Management (UK) LLP (6.80%), Kite Lake Capital Management Ltd (6.80%) and 3 more | 11,206,225 | 6.80% | 13G (passive) | Jul 1, 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)
126 funds held OPTU in Q2 2026, 67% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| 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 | 2,539,405 | 0.93% | Oct 28, 2026 |
| Adriana Rios Welton | General Counsel & CCRO | – | – | Oct 9, 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 | 1,043,566 | 0.38% | Dec 30, 2024 |
| Merrill Elizabeth Abrams | Director | – | – | Nov 5, 2026 |
| Daniel B. Silvers | Director | – | – | Nov 5, 2026 |
| Dexter Goei | Director | 11,149,800 | 4.09% | 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 |
| Patrick Drahi | Director, 10% owner | 12,458,955 | 4.57% | Jun 2, 2026 |
| Susan C. Schnabel | Director | 125,697 | 0.05% | Jun 2, 2026 |
| Neil S. Subin | 10% owner | 21,777,316 | 7.99% | Oct 26, 2026 |
| Llc Milfam | 10% owner | 16,516,955 | 6.06% | Oct 26, 2026 |
| Milfam Gp, Llc | 10% owner | – | – | Oct 26, 2026 |
| Dark Mirage, LP | 10% owner | – | – | Oct 26, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Dennis Mathew Chairman and CEO, Director | Oct 26, 2026 | Tax withholding | −220,043 | $0.66 | $145.23K | 2,539,405 |
| Neil S. Subin 10% owner | Oct 23, 2026 | Buy | +63,624 | $0.61 | $38.94K | 21,777,316 |
| Neil S. Subin 10% owner | Oct 22, 2026 | Buy | +2,164,383 | $0.52 | $1.12M | 21,713,692 |
| Neil S. Subin 10% owner | Aug 25, 2026 | Buy | +400 | $0.85 | $340 | 19,549,309 |
| 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 | $0.83 | $143.38K | 19,548,909 |
| 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 | $452.61K | 19,377,198 |
| 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 | $42.82K | 18,842,007 |
| 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 |
| 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 | $89.69K | 17,500,000 |
| 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 | $544.08K | 17,379,042 |
| 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 | $98.23K | 16,646,763 |
| 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 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of shares outstanding
11.49%
31M shares short
Days to cover
6.1
At 5M shares a day
Change since last report
+6.1%
From 30M shares
Short volume, 20 days
59.3%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Optimum Communications's stock actually held short. Settlement fails (shares not delivered on time) peaked at 1,326,469 shares on Aug 20, 2026 over the last 90 days.
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 |
| Dexter Goei Director | Dec 10, 2025 | 1,000,000 | $1.78M | Dec 10, 2025 | Profit Interest Program |
| Dexter Goei Director | Dec 9, 2025 | 514,182 | $901.62K | Dec 9, 2025 | Profit Interest Program |
| Dexter Goei Director | Dec 5, 2025 | 349,582 | $665.11K | Dec 5, 2025 | Profit Interest Program |
| Dexter Goei Director | Dec 4, 2025 | 109,505 | $208.68K | Dec 4, 2025 | Profit Interest Program |
| Dexter Goei Director | Dec 3, 2025 | 114,410 | $217.40K | Dec 3, 2025 | Profit Interest Program |
| Dexter Goei Director | Dec 2, 2025 | 32,228 | $61.23K | Dec 2, 2025 | Profit Interest Program |
| Dexter Goei Director | Dec 1, 2025 | 184,898 | $355.32K | Dec 1, 2025 | Profit Interest Program |
| Dexter Goei Director | Nov 26, 2025 | 695,195 | $1.32M | Nov 26, 2025 | Profit Interest Program |
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