Oprah Winfrey Makes $1.5 Million Investment in Charter Stock

On February 6th, Winfrey made a personal investment of $1.5 million to acquire 5,050 Charter shares, paying an average price of $295.29 per share. According to a Securities and Exchange Commission filing, Winfrey now owns a total of 57,700 Charter shares in his personal account and holds an additional 148,000 shares through trusts and a limited liability company.

Winfrey declined to comment on his recent purchase.

This transaction marks his first open-market acquisition of Charter stock in two years, with his previous purchase occurring back in February 2022 when he bought 2,750 shares for $1.6 million at an average price of $591.96 per share.

J.P. Morgan acted in response to the company's fourth-quarter report by downgrading Charter stock from Overweight to Neutral and lowering its price target to $370 from $445. Analyst Sebastino Petti stated, "CEO Winfrey expects Charter to 'return to a more normalized internet growth over time,' but we expect broadband losses to continue in 2025."

Inside Scoop is a regular feature that highlights stock transactions made by corporate executives, board members, large shareholders, politicians, and other notable figures. Because of their insider status, these investors have to disclose their stock trades to the Securities and Exchange Commission or other regulatory bodies.