SHENANDOAH TELECOMMUNICATION

Ticker: SHEN CUSIP: 82312B106 Class: Common Stock

FMR LLC's Holding History (CIK: 0000315066)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 289,340 Value ($000) $3,345 Avg Close $11.83 Range $9.67 - $13.90

Q3 2025

Shares 114,709 Value ($000) $1,539 Avg Close $13.74 Range $11.71 - $15.84

Q2 2025

Shares 195,098 Value ($000) $2,665 Avg Close $12.69 Range $10.07 - $14.46

Q1 2025

Shares 154,421 Value ($000) $1,941 Avg Close $11.76 Range $9.77 - $13.61

Q4 2024

Shares 142,376 Value ($000) $1,795 Avg Close $13.44 Range $12.01 - $16.28

Q3 2024

Shares 105,789 Value ($000) $1,493 Avg Close $16.52 Range $13.51 - $21.89

Q2 2024

Shares 33,921 Value ($000) $554 Avg Close $16.11 Range $11.87 - $19.32

Q1 2024

Shares 6,404 Value ($000) $111 Avg Close $19.38 Range $16.95 - $22.27

Q4 2023

Shares 7,965 Value ($000) $172 Avg Close $22.40 Range $20.02 - $25.51

Q3 2023

Shares 9,056 Value ($000) $187 Avg Close $20.48 Range $18.02 - $23.31

Q2 2023

Shares 13,690 Value ($000) $266 Avg Close $19.60 Range $18.20 - $21.00

Q1 2023

Shares 7,972 Value ($000) $152 Avg Close $18.68 Range $15.62 - $21.07

Q4 2022

Shares 13,241 Value ($000) $210 Avg Close $18.30 Range $15.63 - $22.79

Q3 2022

Shares 50,688 Value ($000) $863 Avg Close $21.33 Range $16.97 - $24.50

Q2 2022

Shares 53,156 Value ($000) $1,181 Avg Close $22.59 Range $17.06 - $25.93

Q1 2022

Shares 86,366 Value ($000) $2,037 Avg Close $22.57 Range $18.77 - $26.58

Q4 2021

Shares 102,594 Value ($000) $2,616 Avg Close $28.08 Range $24.44 - $32.71

Q3 2021

Shares 161,293 Value ($000) $5,094 Avg Close $38.05 Range $28.70 - $61.53

Q2 2021

Shares 89,535 Value ($000) $4,344 Avg Close $49.53 Range $46.00 - $51.82

Q1 2021

Shares 91,863 Value ($000) $4,484 Avg Close $45.77 Range $38.77 - $52.20

Q4 2020

Shares 92,563 Value ($000) $4,004 Avg Close $44.90 Range $42.31 - $48.01

Q3 2020

Shares 87,063 Value ($000) $3,869 Avg Close $50.97 Range $42.18 - $56.77

Q2 2020

Shares 86,963 Value ($000) $4,286 Avg Close $50.71 Range $44.04 - $59.93

Q1 2020

Shares 89,163 Value ($000) $4,391 Avg Close $44.42 Range $38.35 - $51.00

Q4 2019

Shares 174,007 Value ($000) $7,241 Avg Close $35.41 Range $29.61 - $41.73

Q3 2019

Shares 173,907 Value ($000) $5,525 Avg Close $35.06 Range $30.70 - $41.63

Q2 2019

Shares 167,322 Value ($000) $6,445 Avg Close $41.46 Range $36.40 - $45.27

Q1 2019

Shares 954,614 Value ($000) $42,346 Avg Close $46.93 Range $43.28 - $51.18

Q4 2018

Shares 841,098 Value ($000) $37,218 Avg Close $42.67 Range $34.74 - $51.41

Q3 2018

Shares 447,156 Value ($000) $17,327 Avg Close $35.63 Range $31.10 - $39.40

Q2 2018

Shares 452,156 Value ($000) $14,786 Avg Close $34.16 Range $29.93 - $39.65

Q1 2018

Shares 407,656 Value ($000) $14,676 Avg Close $33.27 Range $30.00 - $38.60

Q4 2017

Shares 392,002 Value ($000) $13,250 Avg Close $36.81 Range $32.55 - $41.80

Q3 2017

Shares 351,856 Value ($000) $13,089 Avg Close $33.93 Range $28.00 - $39.48

Q2 2017

Shares 375,356 Value ($000) $11,523 Avg Close $30.99 Range $27.28 - $33.05

Q1 2017

Shares 455,956 Value ($000) $12,790 Avg Close $27.65 Range $25.35 - $31.10

Q4 2016

Shares 367,139 Value ($000) $10,023 Avg Close $26.83 Range $22.05 - $30.20

Q3 2016

Shares 433,339 Value ($000) $11,791 Avg Close $32.10 Range $24.92 - $42.66

Q2 2016

Shares 480,900 Value ($000) $18,784 Avg Close $30.94 Range $25.69 - $39.11

Q1 2016

Shares 438,300 Value ($000) $11,725 Avg Close $22.98 Range $19.18 - $27.53

Q4 2015

Shares 95,400 Value ($000) $4,107 Avg Close $23.10 Range $19.63 - $25.67

Q3 2015

Shares 95,200 Value ($000) $4,076 Avg Close $18.93 Range $15.68 - $22.10

Q2 2015

Shares 85,100 Value ($000) $2,913 Avg Close $16.60 Range $15.04 - $18.79

Q1 2015

Shares 125,900 Value ($000) $3,923 Avg Close $15.28 Range $13.76 - $16.84

Q4 2014

Shares 129,900 Value ($000) $4,059 Avg Close $14.14 Range $11.84 - $16.00

Q3 2014

Shares 138,700 Value ($000) $3,441 Avg Close $14.04 Range $12.36 - $15.55

Q2 2014

Shares 143,500 Value ($000) $4,371 Avg Close $14.24 Range $12.61 - $16.38

Q1 2014

Shares 129,600 Value ($000) $4,184 Avg Close $13.41 Range $11.51 - $17.00

Q4 2013

Shares 179,400 Value ($000) $4,605 Avg Close $12.60 Range $11.10 - $14.57

Q3 2013

Shares 75,000 Value ($000) $1,808 Avg Close $9.63 Range $8.38 - $12.18

Q2 2013

Shares 78,500 Value ($000) $1,309 Avg Close $8.21 Range $6.92 - $8.96

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	289,340	$3,345	$11.83	$9.67 - $13.90
Q3 2025	114,709	$1,539	$13.74	$11.71 - $15.84
Q2 2025	195,098	$2,665	$12.69	$10.07 - $14.46
Q1 2025	154,421	$1,941	$11.76	$9.77 - $13.61
Q4 2024	142,376	$1,795	$13.44	$12.01 - $16.28
Q3 2024	105,789	$1,493	$16.52	$13.51 - $21.89
Q2 2024	33,921	$554	$16.11	$11.87 - $19.32
Q1 2024	6,404	$111	$19.38	$16.95 - $22.27
Q4 2023	7,965	$172	$22.40	$20.02 - $25.51
Q3 2023	9,056	$187	$20.48	$18.02 - $23.31
Q2 2023	13,690	$266	$19.60	$18.20 - $21.00
Q1 2023	7,972	$152	$18.68	$15.62 - $21.07
Q4 2022	13,241	$210	$18.30	$15.63 - $22.79
Q3 2022	50,688	$863	$21.33	$16.97 - $24.50
Q2 2022	53,156	$1,181	$22.59	$17.06 - $25.93
Q1 2022	86,366	$2,037	$22.57	$18.77 - $26.58
Q4 2021	102,594	$2,616	$28.08	$24.44 - $32.71
Q3 2021	161,293	$5,094	$38.05	$28.70 - $61.53
Q2 2021	89,535	$4,344	$49.53	$46.00 - $51.82
Q1 2021	91,863	$4,484	$45.77	$38.77 - $52.20
Q4 2020	92,563	$4,004	$44.90	$42.31 - $48.01
Q3 2020	87,063	$3,869	$50.97	$42.18 - $56.77
Q2 2020	86,963	$4,286	$50.71	$44.04 - $59.93
Q1 2020	89,163	$4,391	$44.42	$38.35 - $51.00
Q4 2019	174,007	$7,241	$35.41	$29.61 - $41.73
Q3 2019	173,907	$5,525	$35.06	$30.70 - $41.63
Q2 2019	167,322	$6,445	$41.46	$36.40 - $45.27
Q1 2019	954,614	$42,346	$46.93	$43.28 - $51.18
Q4 2018	841,098	$37,218	$42.67	$34.74 - $51.41
Q3 2018	447,156	$17,327	$35.63	$31.10 - $39.40
Q2 2018	452,156	$14,786	$34.16	$29.93 - $39.65
Q1 2018	407,656	$14,676	$33.27	$30.00 - $38.60
Q4 2017	392,002	$13,250	$36.81	$32.55 - $41.80
Q3 2017	351,856	$13,089	$33.93	$28.00 - $39.48
Q2 2017	375,356	$11,523	$30.99	$27.28 - $33.05
Q1 2017	455,956	$12,790	$27.65	$25.35 - $31.10
Q4 2016	367,139	$10,023	$26.83	$22.05 - $30.20
Q3 2016	433,339	$11,791	$32.10	$24.92 - $42.66
Q2 2016	480,900	$18,784	$30.94	$25.69 - $39.11
Q1 2016	438,300	$11,725	$22.98	$19.18 - $27.53
Q4 2015	95,400	$4,107	$23.10	$19.63 - $25.67
Q3 2015	95,200	$4,076	$18.93	$15.68 - $22.10
Q2 2015	85,100	$2,913	$16.60	$15.04 - $18.79
Q1 2015	125,900	$3,923	$15.28	$13.76 - $16.84
Q4 2014	129,900	$4,059	$14.14	$11.84 - $16.00
Q3 2014	138,700	$3,441	$14.04	$12.36 - $15.55
Q2 2014	143,500	$4,371	$14.24	$12.61 - $16.38
Q1 2014	129,600	$4,184	$13.41	$11.51 - $17.00
Q4 2013	179,400	$4,605	$12.60	$11.10 - $14.57
Q3 2013	75,000	$1,808	$9.63	$8.38 - $12.18
Q2 2013	78,500	$1,309	$8.21	$6.92 - $8.96