Array Digital Infrastructure director Harczak sells $260,909 stock By Investing.com

Harry J. Harczak Jr., a director at (AD), sold a total of 6,832 common shares of the company’s stock on September 11, 2026. The transactions amounted to $260,909.

The shares were sold in two separate transactions, with prices ranging from $38.18 to $38.21 per share. The stock has delivered a solid 16% return over the past year and trades near its current price of $38.03. Following these sales, Mr. Harczak directly holds 14,415 common shares in Array Digital Infrastructure. According to InvestingPro analysis, the stock appears overvalued at current levels. Investors can access 10 additional InvestingPro Tips and comprehensive metrics to make more informed decisions about AD.

In other recent news, reported stronger-than-expected second-quarter 2026 earnings. The company posted an adjusted EPS of $3.86, significantly surpassing analysts’ estimates of $0.41. Revenue also exceeded expectations, coming in at $54.07 million compared to the anticipated $52.34 million. These earnings were bolstered by gains in the company’s fiber segment, which helped offset challenges in its legacy telecom revenue. Despite the positive earnings report, TDS provided a lower full-year outlook for its telecom unit.

Additionally, TDS announced it is no longer pursuing the acquisition of the remaining minority stake in Array Digital Infrastructure Inc. that it does not already own. The proposal would have involved exchanging each Array common share not owned by TDS for 0.86 of a TDS common share. TDS will maintain its approximately 82% ownership interest in Array. These developments reflect the company’s strategic decisions in response to current market conditions.

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