SHENANDOAH TELECOMMUNICATION

Ticker: SHEN CUSIP: 82312B106 Class: Common Stock

GABELLI FUNDS LLC's Holding History (CIK: 0001081407)

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

Q4 2025

Shares 198,530 Value ($000) $2,295 Avg Close $11.83 Range $9.67 - $13.90

Q3 2025

Shares 151,430 Value ($000) $2,032 Avg Close $13.74 Range $11.71 - $15.84

Q2 2025

Shares 151,430 Value ($000) $2,069 Avg Close $12.69 Range $10.07 - $14.46

Q1 2025

Shares 152,130 Value ($000) $1,912 Avg Close $11.76 Range $9.77 - $13.61

Q4 2024

Shares 149,000 Value ($000) $1,879 Avg Close $13.44 Range $12.01 - $16.28

Q3 2024

Shares 144,000 Value ($000) $2,032 Avg Close $16.52 Range $13.51 - $21.89

Q2 2024

Shares 140,500 Value ($000) $2,294 Avg Close $16.11 Range $11.87 - $19.32

Q1 2024

Shares 126,000 Value ($000) $2,189 Avg Close $19.38 Range $16.95 - $22.27

Q4 2023

Shares 130,200 Value ($000) $2,815 Avg Close $22.40 Range $20.02 - $25.51

Q3 2023

Shares 143,500 Value ($000) $2,958 Avg Close $20.48 Range $18.02 - $23.31

Q2 2023

Shares 143,500 Value ($000) $2,788 Avg Close $19.60 Range $18.20 - $21.00

Q1 2023

Shares 144,000 Value ($000) $2,739 Avg Close $18.68 Range $15.62 - $21.07

Q4 2022

Shares 144,000 Value ($000) $2,287 Avg Close $18.30 Range $15.63 - $22.79

Q3 2022

Shares 144,000 Value ($000) $2,451 Avg Close $21.33 Range $16.97 - $24.50

Q2 2022

Shares 144,000 Value ($000) $3,197 Avg Close $22.59 Range $17.06 - $25.93

Q1 2022

Shares 142,000 Value ($000) $3,348 Avg Close $22.57 Range $18.77 - $26.58

Q4 2021

Shares 96,000 Value ($000) $2,448 Avg Close $28.08 Range $24.44 - $32.71

Q3 2021

Shares 98,000 Value ($000) $3,095 Avg Close $38.05 Range $28.70 - $61.53

Q2 2021

Shares 98,000 Value ($000) $4,754 Avg Close $49.53 Range $46.00 - $51.82

Q1 2021

Shares 103,000 Value ($000) $5,027 Avg Close $45.77 Range $38.77 - $52.20

Q4 2020

Shares 89,000 Value ($000) $3,849 Avg Close $44.90 Range $42.31 - $48.01

Q3 2020

Shares 89,500 Value ($000) $3,977 Avg Close $50.97 Range $42.18 - $56.77

Q2 2020

Shares 93,000 Value ($000) $4,584 Avg Close $50.71 Range $44.04 - $59.93

Q1 2020

Shares 100,000 Value ($000) $4,925 Avg Close $44.42 Range $38.35 - $51.00

Q4 2019

Shares 174,500 Value ($000) $7,261 Avg Close $35.41 Range $29.61 - $41.73

Q3 2019

Shares 179,500 Value ($000) $5,703 Avg Close $35.06 Range $30.70 - $41.63

Q2 2019

Shares 179,500 Value ($000) $6,914 Avg Close $41.46 Range $36.40 - $45.27

Q1 2019

Shares 180,000 Value ($000) $7,985 Avg Close $46.93 Range $43.28 - $51.18

Q4 2018

Shares 208,700 Value ($000) $9,235 Avg Close $42.67 Range $34.74 - $51.41

Q3 2018

Shares 224,000 Value ($000) $8,680 Avg Close $35.63 Range $31.10 - $39.40

Q2 2018

Shares 231,500 Value ($000) $7,570 Avg Close $34.16 Range $29.93 - $39.65

Q1 2018

Shares 233,500 Value ($000) $8,406 Avg Close $33.27 Range $30.00 - $38.60

Q4 2017

Shares 236,500 Value ($000) $7,994 Avg Close $36.81 Range $32.55 - $41.80

Q3 2017

Shares 257,500 Value ($000) $9,579 Avg Close $33.93 Range $28.00 - $39.48

Q2 2017

Shares 258,500 Value ($000) $7,936 Avg Close $30.99 Range $27.28 - $33.05

Q1 2017

Shares 283,510 Value ($000) $7,952 Avg Close $27.65 Range $25.35 - $31.10

Q4 2016

Shares 286,010 Value ($000) $7,808 Avg Close $26.83 Range $22.05 - $30.20

Q3 2016

Shares 286,010 Value ($000) $7,782 Avg Close $32.10 Range $24.92 - $42.66

Q2 2016

Shares 286,010 Value ($000) $11,172 Avg Close $30.94 Range $25.69 - $39.11

Q1 2016

Shares 290,010 Value ($000) $7,758 Avg Close $22.98 Range $19.18 - $27.53

Q4 2015

Shares 146,505 Value ($000) $6,307 Avg Close $23.10 Range $19.63 - $25.67

Q3 2015

Shares 149,505 Value ($000) $6,400 Avg Close $18.93 Range $15.68 - $22.10

Q2 2015

Shares 150,505 Value ($000) $5,152 Avg Close $16.60 Range $15.04 - $18.79

Q1 2015

Shares 152,005 Value ($000) $4,736 Avg Close $15.28 Range $13.76 - $16.84

Q4 2014

Shares 154,005 Value ($000) $4,813 Avg Close $14.14 Range $11.84 - $16.00

Q3 2014

Shares 154,005 Value ($000) $3,821 Avg Close $14.04 Range $12.36 - $15.55

Q2 2014

Shares 154,005 Value ($000) $4,691 Avg Close $14.24 Range $12.61 - $16.38

Q1 2014

Shares 155,005 Value ($000) $5,005 Avg Close $13.41 Range $11.51 - $17.00

Q4 2013

Shares 155,005 Value ($000) $3,979 Avg Close $12.60 Range $11.10 - $14.57

Q3 2013

Shares 157,005 Value ($000) $3,784 Avg Close $9.63 Range $8.38 - $12.18

Q2 2013

Shares 157,005 Value ($000) $2,619 Avg Close $8.21 Range $6.92 - $8.96

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	198,530	$2,295	$11.83	$9.67 - $13.90
Q3 2025	151,430	$2,032	$13.74	$11.71 - $15.84
Q2 2025	151,430	$2,069	$12.69	$10.07 - $14.46
Q1 2025	152,130	$1,912	$11.76	$9.77 - $13.61
Q4 2024	149,000	$1,879	$13.44	$12.01 - $16.28
Q3 2024	144,000	$2,032	$16.52	$13.51 - $21.89
Q2 2024	140,500	$2,294	$16.11	$11.87 - $19.32
Q1 2024	126,000	$2,189	$19.38	$16.95 - $22.27
Q4 2023	130,200	$2,815	$22.40	$20.02 - $25.51
Q3 2023	143,500	$2,958	$20.48	$18.02 - $23.31
Q2 2023	143,500	$2,788	$19.60	$18.20 - $21.00
Q1 2023	144,000	$2,739	$18.68	$15.62 - $21.07
Q4 2022	144,000	$2,287	$18.30	$15.63 - $22.79
Q3 2022	144,000	$2,451	$21.33	$16.97 - $24.50
Q2 2022	144,000	$3,197	$22.59	$17.06 - $25.93
Q1 2022	142,000	$3,348	$22.57	$18.77 - $26.58
Q4 2021	96,000	$2,448	$28.08	$24.44 - $32.71
Q3 2021	98,000	$3,095	$38.05	$28.70 - $61.53
Q2 2021	98,000	$4,754	$49.53	$46.00 - $51.82
Q1 2021	103,000	$5,027	$45.77	$38.77 - $52.20
Q4 2020	89,000	$3,849	$44.90	$42.31 - $48.01
Q3 2020	89,500	$3,977	$50.97	$42.18 - $56.77
Q2 2020	93,000	$4,584	$50.71	$44.04 - $59.93
Q1 2020	100,000	$4,925	$44.42	$38.35 - $51.00
Q4 2019	174,500	$7,261	$35.41	$29.61 - $41.73
Q3 2019	179,500	$5,703	$35.06	$30.70 - $41.63
Q2 2019	179,500	$6,914	$41.46	$36.40 - $45.27
Q1 2019	180,000	$7,985	$46.93	$43.28 - $51.18
Q4 2018	208,700	$9,235	$42.67	$34.74 - $51.41
Q3 2018	224,000	$8,680	$35.63	$31.10 - $39.40
Q2 2018	231,500	$7,570	$34.16	$29.93 - $39.65
Q1 2018	233,500	$8,406	$33.27	$30.00 - $38.60
Q4 2017	236,500	$7,994	$36.81	$32.55 - $41.80
Q3 2017	257,500	$9,579	$33.93	$28.00 - $39.48
Q2 2017	258,500	$7,936	$30.99	$27.28 - $33.05
Q1 2017	283,510	$7,952	$27.65	$25.35 - $31.10
Q4 2016	286,010	$7,808	$26.83	$22.05 - $30.20
Q3 2016	286,010	$7,782	$32.10	$24.92 - $42.66
Q2 2016	286,010	$11,172	$30.94	$25.69 - $39.11
Q1 2016	290,010	$7,758	$22.98	$19.18 - $27.53
Q4 2015	146,505	$6,307	$23.10	$19.63 - $25.67
Q3 2015	149,505	$6,400	$18.93	$15.68 - $22.10
Q2 2015	150,505	$5,152	$16.60	$15.04 - $18.79
Q1 2015	152,005	$4,736	$15.28	$13.76 - $16.84
Q4 2014	154,005	$4,813	$14.14	$11.84 - $16.00
Q3 2014	154,005	$3,821	$14.04	$12.36 - $15.55
Q2 2014	154,005	$4,691	$14.24	$12.61 - $16.38
Q1 2014	155,005	$5,005	$13.41	$11.51 - $17.00
Q4 2013	155,005	$3,979	$12.60	$11.10 - $14.57
Q3 2013	157,005	$3,784	$9.63	$8.38 - $12.18
Q2 2013	157,005	$2,619	$8.21	$6.92 - $8.96